29,380 Shares in Deutsche Bank Aktiengesellschaft $DB Bought by FCG Investment Co

Key Points

• FCG Investment Co has acquired a new stake in Deutsche Bank Aktiengesellschaft, purchasing 29,380 shares valued at approximately $860,000.
• Equities research analysts have expressed mixed sentiment towards Deutsche Bank, with ratings ranging from Buy to Sell, largely maintaining an average rating of "Hold."
• Deutsche Bank reported earnings of $0.54 EPS for the last quarter, missing analyst estimates by $0.24, while its revenue exceeded expectations at $9.21 billion.

FCG Investment Co acquired a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,380 shares of the bank's stock, valued at approximately $860,000.

Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers grew its stake in Deutsche Bank Aktiengesellschaft by 3.9% during the 4th quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock valued at $331,000 after acquiring an additional 738 shares in the last quarter. Vise Technologies Inc. acquired a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $176,000. Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $11,054,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $240,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Deutsche Bank Aktiengesellschaft by 21.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock worth $57,000 after buying an additional 424 shares during the period. Institutional investors and hedge funds own 27.90% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. The Goldman Sachs Group cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Tuesday, August 26th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, September 2nd. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Trading Down 2.0%

NYSE:DB opened at $35.22 on Friday. The stock has a market cap of $70.15 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 0.44 and a beta of 1.03. The stock's 50-day moving average is $35.11 and its two-hundred day moving average is $29.38. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.02 and a fifty-two week high of $37.86. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79.

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 business had revenue of $9.21 billion for the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. As a group, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

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.

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