35,171 Shares in Deutsche Bank Aktiengesellschaft $DB Acquired by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC has acquired 35,171 shares of Deutsche Bank Aktiengesellschaft, valued at approximately $1,030,000, during the second quarter.
• Several institutional investors have significantly increased their stakes in Deutsche Bank, with holdings such as GAMMA Investing LLC increasing their position by 2,319.7% in the 1st quarter.
• The stock has received mixed analyst ratings, with Goldman Sachs downgrading it to "neutral" while Weiss Ratings maintained a "buy" rating, resulting in an average rating of "Moderate Buy" from analysts.

International Assets Investment Management LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,171 shares of the bank's stock, valued at approximately $1,030,000.

A number of other large investors have also added to or reduced their stakes in DB. GAMMA Investing LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 2,319.7% in the 1st quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock valued at $149,000 after purchasing an additional 6,008 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 96.5% in the 1st 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 in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 68.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,763 shares of the bank's stock valued at $567,000 after purchasing an additional 9,684 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 26.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 65,901 shares of the bank's stock valued at $1,570,000 after purchasing an additional 13,615 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 45.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 94,531 shares of the bank's stock valued at $2,253,000 after purchasing an additional 29,451 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a report on Tuesday, August 26th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, October 8th. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, September 2nd. Finally, Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Down 4.3%

Shares of NYSE:DB opened at $33.59 on Monday. The firm has a market cap of $66.90 billion, a P/E ratio of 12.77, a P/E/G ratio of 1.03 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. Deutsche Bank Aktiengesellschaft has a 12-month low of $16.02 and a 12-month high of $37.86. The business has a fifty day simple moving average of $35.80 and a 200 day simple moving average of $30.69.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced 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). The company had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. Analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.