68,714 Shares in Deutsche Bank Aktiengesellschaft $DB Purchased by Ameritas Advisory Services LLC

Key Points

• Ameritas Advisory Services LLC purchased 68,714 shares of Deutsche Bank Aktiengesellschaft, valued at approximately $2,012,000, as reported in its recent 13F filing with the SEC.
• Analysts have mixed ratings on Deutsche Bank, with five buy ratings, four hold ratings, and one sell rating, reflecting a current average rating of "Hold".
• In the latest quarterly earnings, Deutsche Bank reported earnings per share of $0.54, missing estimates of $0.78, but had revenue of $9.21 billion, exceeding expectations.

Ameritas Advisory Services LLC purchased a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 68,714 shares of the bank's stock, valued at approximately $2,012,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Deutsche Bank Aktiengesellschaft by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 79,404,821 shares of the bank's stock valued at $1,892,773,000 after buying an additional 370,319 shares during the period. Deutsche Bank AG grew its holdings in Deutsche Bank Aktiengesellschaft by 10.0% in the 1st quarter. Deutsche Bank AG now owns 47,662,928 shares of the bank's stock valued at $1,135,808,000 after buying an additional 4,322,086 shares during the period. GQG Partners LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at about $470,716,000. Entrust Global Partners L L C purchased a new stake in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at about $365,750,000. Finally, Invesco Ltd. grew its holdings in Deutsche Bank Aktiengesellschaft by 0.3% in the 1st quarter. Invesco Ltd. now owns 4,165,414 shares of the bank's stock valued at $99,262,000 after buying an additional 14,099 shares during the period. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB opened at $35.64 on Friday. The business's 50 day moving average is $35.59 and its two-hundred day moving average is $29.87. Deutsche Bank Aktiengesellschaft has a 52-week low of $16.02 and a 52-week high of $37.86. The firm has a market cap of $70.99 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 0.43 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 (NYSE:DB - Get Free Report) last posted its quarterly 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 firm had revenue of $9.21 billion for the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. Analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DB. Bank of America began coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Saturday, September 27th. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Kepler Capital Markets cut Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Monday, July 28th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, July 28th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold".

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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