Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Sell Rating from Citigroup

Key Points

• Deutsche Bank Aktiengesellschaft has received a sell rating from Citigroup, while other analysts have varied ratings, including one hold and several buy ratings, leading to a consensus of "Moderate Buy".
• The bank reported quarterly earnings of $0.54 EPS, missing analyst estimates of $0.78, but exceeded revenue expectations with $9.21 billion for the quarter.
• Institutional investors own 27.90% of Deutsche Bank's stock, with significant recent activity including acquisitions and increased positions by various hedge funds in the second quarter.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report)'s stock had its "sell" rating reissued by equities researchers at Citigroup in a research note issued to investors on Friday,Benzinga reports.

Several other equities research analysts have also recently issued reports on the stock. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Bank of America started coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They issued a "buy" rating on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE DB opened at $33.74 on Friday. The company has a market cap of $67.21 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 0.40 and a beta of 0.97. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $34.14. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. The company has a 50-day simple moving average of $28.82 and a 200-day simple moving average of $24.56.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). The firm had revenue of $9.21 billion for the quarter, compared to analysts' expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 4.61% and a net margin of 5.76%. On average, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PDS Planning Inc acquired a new position in Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $221,000. IFP Advisors Inc lifted its position in shares of Deutsche Bank Aktiengesellschaft by 345.6% during the second quarter. IFP Advisors Inc now owns 3,440 shares of the bank's stock worth $101,000 after purchasing an additional 2,668 shares in the last quarter. Callan Family Office LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 61.2% during the second quarter. Callan Family Office LLC now owns 113,552 shares of the bank's stock worth $3,325,000 after purchasing an additional 43,118 shares in the last quarter. Optas LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth $357,000. Finally, Venturi Wealth Management LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 1.2% during the second quarter. Venturi Wealth Management LLC now owns 42,469 shares of the bank's stock worth $1,244,000 after purchasing an additional 509 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

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.

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