Banque Cantonale Vaudoise Acquires New Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Banque Cantonale Vaudoise has made a new investment of approximately $1.43 million in Deutsche Bank Aktiengesellschaft, acquiring 60,676 shares during the first quarter.
• Several other institutional investors have also increased their stakes in Deutsche Bank, with Capital International Investors growing its stake by 9.4% in the previous quarter.
• Deutsche Bank reported earnings per share of $0.54 for the last quarter, missing expectations, but achieved revenues of $9.21 billion, surpassing analyst forecasts.

Banque Cantonale Vaudoise bought a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 60,676 shares of the bank's stock, valued at approximately $1,430,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital International Investors boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.4% in the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank's stock worth $1,510,097,000 after purchasing an additional 7,558,488 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 18.7% in the 4th quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank's stock worth $258,903,000 after purchasing an additional 2,369,480 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 199.8% in the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock worth $222,715,000 after purchasing an additional 8,617,662 shares in the last quarter. Capital International Inc. CA boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.4% in the 4th quarter. Capital International Inc. CA now owns 9,269,824 shares of the bank's stock worth $159,774,000 after purchasing an additional 1,755,675 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 72.3% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank's stock worth $93,054,000 after purchasing an additional 2,266,996 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Trading Down 1.3%

DB traded down $0.44 during midday trading on Friday, reaching $32.54. 3,210,819 shares of the company's stock traded hands, compared to its average volume of 2,553,839. The firm has a fifty day moving average of $29.40 and a two-hundred day moving average of $25.20. The stock has a market capitalization of $64.82 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.40 and a beta of 1.02. 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 has a 52 week low of $13.70 and a 52 week high of $34.14.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released 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 the consensus estimate of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. On average, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Kepler Capital Markets lowered Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They issued a "buy" rating for the company. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Finally, Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy".

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.