Elkfork Partners LLC purchased a new stake in Deutsche Bank (NYSE:DB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,436 shares of the bank’s stock, valued at approximately $141,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Mandatum Life Insurance Co Ltd acquired a new stake in shares of Deutsche Bank in the 4th quarter valued at approximately $160,000. First Republic Investment Management Inc. acquired a new stake in shares of Deutsche Bank in the 3rd quarter valued at approximately $180,000. Private Advisor Group LLC acquired a new stake in shares of Deutsche Bank in the 3rd quarter valued at approximately $195,000. Mackenzie Financial Corp acquired a new stake in shares of Deutsche Bank in the 3rd quarter valued at approximately $199,000. Finally, Two Sigma Securities LLC acquired a new stake in Deutsche Bank during the 4th quarter worth approximately $244,000. Institutional investors own 25.00% of the company’s stock.
Several equities research analysts recently commented on DB shares. Citigroup reiterated a “sell” rating on shares of Deutsche Bank in a research report on Tuesday, December 19th. UBS reiterated a “neutral” rating on shares of Deutsche Bank in a research report on Monday, December 11th. Bank of America upgraded shares of Deutsche Bank from an “underperform” rating to a “neutral” rating in a research report on Monday, February 19th. ValuEngine downgraded shares of Deutsche Bank from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Finally, HSBC downgraded shares of Deutsche Bank from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. Deutsche Bank presently has a consensus rating of “Hold” and a consensus target price of $18.08.
NYSE:DB opened at $13.87 on Friday. The company has a debt-to-equity ratio of 2.44, a quick ratio of 0.84 and a current ratio of 0.84. Deutsche Bank has a one year low of $13.52 and a one year high of $20.23. The company has a market cap of $28,686.81, a P/E ratio of -23.12 and a beta of 1.44.
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Deutsche Bank Company Profile
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, affluent clients, and small and medium sized corporate clients worldwide. The company's Global Markets segment offers financial markets' products, such as bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and structured products.
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