Bleakley Financial Group LLC Purchases 47,573 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Bleakley Financial Group LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 409.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,180 shares of the bank's stock after purchasing an additional 47,573 shares during the period. Bleakley Financial Group LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $1,410,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its stake in Deutsche Bank Aktiengesellschaft by 68.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,763 shares of the bank's stock valued at $567,000 after acquiring an additional 9,684 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 6.3% during the first 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. Raymond James Financial Inc. purchased a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $6,464,000. Oppenheimer & Co. Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 45.3% during the first 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, Gemsstock Ltd. purchased a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $15,498,000. 27.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. Royal Bank Of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Finally, Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Trading Down 0.2%

Shares of Deutsche Bank Aktiengesellschaft stock traded down $0.08 during midday trading on Friday, reaching $30.05. 261,097 shares of the company's stock traded hands, compared to its average volume of 2,564,606. 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 has a 12 month low of $13.70 and a 12 month high of $30.50. The company has a market cap of $59.85 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 0.39 and a beta of 0.97. The stock has a 50 day moving average of $28.47 and a 200-day moving average of $24.08.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a return on equity of 4.61% and a net margin of 5.76%. The firm had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. As a group, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal 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.