Capital International Inc. CA Sells 1,975,175 Shares of Deutsche Bank Aktiengesellschaft $DB

Capital International Inc. CA cut its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 39.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,091,176 shares of the bank’s stock after selling 1,975,175 shares during the period. Deutsche Bank Aktiengesellschaft makes up about 0.9% of Capital International Inc. CA’s investment portfolio, making the stock its 26th largest position. Capital International Inc. CA’s holdings in Deutsche Bank Aktiengesellschaft were worth $120,265,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DB. 111 Capital acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $4,046,000. WINTON GROUP Ltd acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $690,000. Prudential PLC lifted its stake in Deutsche Bank Aktiengesellschaft by 1.7% in the 4th quarter. Prudential PLC now owns 326,336 shares of the bank’s stock valued at $12,677,000 after purchasing an additional 5,368 shares during the last quarter. Verus Capital Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $214,000. Finally, Cibc World Market Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 4.1% in the 4th quarter. Cibc World Market Inc. now owns 188,954 shares of the bank’s stock valued at $7,348,000 after purchasing an additional 7,363 shares during the last quarter. 27.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Weiss Ratings downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Finally, Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB opened at $31.54 on Friday. The company’s 50 day simple moving average is $31.71 and its 200 day simple moving average is $34.60. The stock has a market capitalization of $61.19 billion, a price-to-earnings ratio of 8.69, a price-to-earnings-growth ratio of 0.42 and a beta of 0.93. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74. Deutsche Bank Aktiengesellschaft has a 1 year low of $27.13 and a 1 year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.09. The business had revenue of $10.04 billion for the quarter, compared to analysts’ expectations of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. As a group, research analysts predict that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.