Benjamin Edwards Inc. Buys Shares of 14,933 Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Benjamin Edwards Inc. purchased 14,933 shares of Deutsche Bank, valued around $356,000, marking a new stake in the bank during the 1st quarter.
• Institutional investors have increased their stakes, with Wealth Enhancement Advisory Services boosting its ownership by 68.8% and Jefferies Financial Group investing approximately $2.3 million.
• Deutsche Bank's latest earnings report revealed $0.54 EPS, missing estimates, despite revenue of $9.21 billion exceeding expectations, highlighting mixed performance.

Benjamin Edwards Inc. bought a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 14,933 shares of the bank's stock, valued at approximately $356,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake 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 during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter valued at approximately $2,308,000. Sequoia Financial Advisors LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 6.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 15,089 shares of the bank's stock valued at $360,000 after buying an additional 900 shares during the period. Oppenheimer & Co. Inc. lifted 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 buying an additional 29,451 shares during the period. Finally, Janney Montgomery Scott LLC lifted 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 buying an additional 13,615 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $36.56 on Friday. The stock has a fifty day moving average price of $30.97 and a 200 day moving average price of $26.31. The stock has a market cap of $72.83 billion, a PE ratio of 13.90, a P/E/G ratio of 0.45 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a 1 year low of $15.20 and a 1 year high of $36.99. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data 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 return on equity of 6.01% and a net margin of 7.67%. Sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DB shares. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Royal Bank Of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, July 28th. Finally, Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus 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.

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