Masters Capital Management LLC Sells 120,000 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Masters Capital Management LLC lessened its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,880,000 shares of the bank’s stock after selling 120,000 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up approximately 1.7% of Masters Capital Management LLC’s holdings, making the stock its 18th biggest holding. Masters Capital Management LLC owned about 0.09% of Deutsche Bank Aktiengesellschaft worth $29,967,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Aprio Wealth Management LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% in the 2nd quarter. Aprio Wealth Management LLC now owns 14,686 shares of the bank’s stock valued at $234,000 after buying an additional 604 shares in the last quarter. First Trust Direct Indexing L.P. raised its position in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the first quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank’s stock worth $755,000 after purchasing an additional 630 shares during the period. Cetera Advisors LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.2% during the 1st quarter. Cetera Advisors LLC now owns 11,826 shares of the bank’s stock valued at $186,000 after purchasing an additional 1,001 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 26.9% in the 4th quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after purchasing an additional 1,163 shares during the period. Finally, Rhumbline Advisers increased its stake in Deutsche Bank Aktiengesellschaft by 4.3% during the 2nd quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock worth $478,000 after purchasing an additional 1,230 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on DB shares. Barclays upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Tuesday, September 3rd. StockNews.com downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.1 %

Deutsche Bank Aktiengesellschaft stock opened at $16.90 on Tuesday. Deutsche Bank Aktiengesellschaft has a twelve month low of $10.00 and a twelve month high of $17.95. The stock has a market cap of $34.93 billion, a P/E ratio of 7.38, a P/E/G ratio of 2.46 and a beta of 1.21. The company’s 50-day moving average price is $15.83 and its two-hundred day moving average price is $16.06. 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 (NYSE:DB) last released its quarterly earnings results on Wednesday, July 24th. The bank reported ($0.41) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $7.87 billion for the quarter, compared to analyst estimates of $8.18 billion. As a group, analysts expect that Deutsche Bank Aktiengesellschaft will post 2.29 EPS for the current 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.