Jupiter Asset Management Ltd. Trims Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Jupiter Asset Management Ltd. lowered its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 87.5% during the second quarter, HoldingsChannel.com reports. The firm owned 20,507 shares of the bank’s stock after selling 144,192 shares during the period. Jupiter Asset Management Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $268,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. TD Asset Management Inc. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 0.8% in the 1st quarter. TD Asset Management Inc. now owns 467,843 shares of the bank’s stock worth $5,602,000 after buying an additional 3,533 shares during the last quarter. Morgan Stanley lifted its stake in Deutsche Bank Aktiengesellschaft by 11.3% in the first quarter. Morgan Stanley now owns 1,032,321 shares of the bank’s stock valued at $12,388,000 after acquiring an additional 104,395 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 39.0% in the first quarter. Cubist Systematic Strategies LLC now owns 501,763 shares of the bank’s stock worth $6,021,000 after buying an additional 140,882 shares during the last quarter. Ossiam increased its position in Deutsche Bank Aktiengesellschaft by 145.2% during the first quarter. Ossiam now owns 4,677,748 shares of the bank’s stock worth $56,011,000 after acquiring an additional 2,769,818 shares during the period. Finally, American Century Companies Inc. increased its holdings in Deutsche Bank Aktiengesellschaft by 29.7% in the 2nd quarter. American Century Companies Inc. now owns 158,628 shares of the bank’s stock valued at $2,075,000 after buying an additional 36,332 shares during the period. 27.43% of the stock is currently owned by institutional investors.

DB has been the topic of a number of research reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, June 16th. Credit Suisse Group reaffirmed an “underperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, July 29th. Kepler Capital Markets raised Deutsche Bank Aktiengesellschaft to a “hold” rating and set a $11.80 price objective for the company in a report on Friday, August 20th. Zacks Investment Research downgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “sell” rating and set a $13.50 price target for the company. in a report on Thursday, July 22nd. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, July 29th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $12.65.

Shares of NYSE DB opened at $12.85 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.30. The firm has a market capitalization of $26.56 billion, a P/E ratio of 10.28, a P/E/G ratio of 0.22 and a beta of 1.48. The stock’s 50-day simple moving average is $12.50 and its two-hundred day simple moving average is $13.00. Deutsche Bank Aktiengesellschaft has a twelve month low of $7.84 and a twelve month high of $15.34.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Wednesday, July 28th. The bank reported $0.45 earnings per share (EPS) for the quarter. Deutsche Bank Aktiengesellschaft had a return on equity of 3.56% and a net margin of 7.68%. The business had revenue of $6.24 billion during the quarter. As a group, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 1.27 EPS for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following segments: Corporate Bank, Investment Bank, Private Bank, Asset Management, Capital Release Unit, and Corporate and Other. The Corporate Bank segment includes the global transaction bank as well as the German commercial clients division.

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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