Deutsche Bank Aktiengesellschaft (NYSE:DB) Rating Lowered to Hold at Kepler Capital Markets

Key Points

• Deutsche Bank Aktiengesellschaft has been downgraded by Kepler Capital Markets from a "strong-buy" rating to a "hold" rating, following a series of mixed evaluations from various analysts.
• The bank reported an earnings per share (EPS) of $0.54 for the last quarter, missing analysts' expectations of $0.78 and indicating revenue growth that surpassed estimates.
• In the second quarter, several institutional investors increased their stakes in Deutsche Bank Aktiengesellschaft, with Bleakley Financial Group LLC raising its holdings by 21.5%.

Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) from a strong-buy rating to a hold rating in a report issued on Monday, July 28th,Zacks.com reports.

A number of other analysts have also weighed in on the company. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Bank of America began coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating for the company. Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Finally, Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Trading Up 3.4%

NYSE:DB traded up $1.10 during trading hours on Monday, reaching $33.63. 2,337,382 shares of the stock were exchanged, compared to its average volume of 3,315,956. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $34.14. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. The business has a 50-day moving average of $29.40 and a two-hundred day moving average of $25.29. The company has a market capitalization of $67.00 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 0.40 and a beta of 1.02.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. The firm had revenue of $9.21 billion for the quarter, compared to analyst estimates of $7.80 billion. On average, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $25,000. Farther Finance Advisors LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 96.5% in the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after purchasing an additional 800 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the first quarter valued at approximately $39,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after purchasing an additional 424 shares during the last quarter. Finally, Founders Capital Management acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $73,000. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Company Profile

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.