Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Holdings Trimmed by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board lessened its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 12.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,580,188 shares of the bank’s stock after selling 509,344 shares during the period. Canada Pension Plan Investment Board owned about 0.17% of Deutsche Bank Aktiengesellschaft worth $57,203,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the second quarter worth about $29,000. SYSTM Wealth Solutions LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at approximately $31,000. Parallel Advisors LLC increased its position in Deutsche Bank Aktiengesellschaft by 26.9% in the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock worth $74,000 after buying an additional 1,163 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 20.5% in the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock valued at $118,000 after buying an additional 1,251 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. bought a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth about $135,000. 27.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DB has been the subject of several recent analyst reports. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. StockNews.com lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

DB stock opened at $16.92 on Friday. The company has a 50-day simple moving average of $15.83 and a 200 day simple moving average of $16.02. The company has a market capitalization of $34.97 billion, a P/E ratio of 7.39, a PEG ratio of 2.46 and a beta of 1.21. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $10.00 and a fifty-two week high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, July 24th. The bank reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.90). Deutsche Bank Aktiengesellschaft had a return on equity of 4.63% and a net margin of 5.58%. The company had revenue of $7.87 billion during the quarter, compared to analyst estimates of $8.18 billion. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.29 earnings per share for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.