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

Several other hedge funds and other institutional investors have also recently modified their holdings of DB. Franklin Resources Inc. increased its stake in 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 during the period. Capital International Investors grew its position 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 buying an additional 7,558,488 shares during the period. Marshall Wace LLP raised its stake in Deutsche Bank Aktiengesellschaft by 18.7% during the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank's stock valued at $258,903,000 after buying an additional 2,369,480 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 72.3% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank's stock worth $93,054,000 after buying an additional 2,266,996 shares during the last quarter. Finally, Capital International Inc. CA increased 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. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Up 3.4%

Shares of DB stock traded up $1.12 on Monday, reaching $33.65. 2,570,431 shares of the stock were exchanged, compared to its average volume of 3,317,703. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $34.14. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $67.02 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 0.40 and a beta of 1.02. The business's 50 day moving average price is $29.40 and its 200 day moving average price is $25.29.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share for the quarter, missing the consensus estimate 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, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DB has been the topic of several recent analyst reports. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They issued a "buy" rating for the company. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy".

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.