Carrera Capital Advisors Takes Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Carrera Capital Advisors has acquired a new stake in Deutsche Bank, purchasing 75,476 shares valued at approximately $1.8 million.
• Deutsche Bank's latest earnings report showed an EPS of $0.54, falling short of analysts' expectations of $0.78, despite a revenue of $9.21 billion.
• Analysts have mixed views on Deutsche Bank, with one rating as a sell, two as hold, and four issuing a buy rating.

Carrera Capital Advisors acquired a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 75,476 shares of the bank's stock, valued at approximately $1,799,000.

Several other hedge funds and other institutional investors also recently modified their holdings of DB. Farther Finance Advisors LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 96.5% in the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after purchasing an additional 800 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after buying an additional 424 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 2,319.7% during the first quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock valued at $149,000 after buying an additional 6,008 shares during the last quarter. Sava Infond d.o.o. bought a new position in Deutsche Bank Aktiengesellschaft during the first quarter valued at approximately $151,000. Finally, Headlands Technologies LLC lifted its position in Deutsche Bank Aktiengesellschaft by 3,320.8% during the fourth quarter. Headlands Technologies LLC now owns 8,894 shares of the bank's stock valued at $152,000 after purchasing an additional 8,634 shares during the period. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock opened at $33.46 on Friday. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 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 50-day moving average price of $28.93 and a 200 day moving average price of $24.72. The stock has a market cap of $66.64 billion, a PE ratio of 12.72, a P/E/G ratio of 0.43 and a beta of 0.97.

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). Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. The firm had revenue of $9.21 billion for the quarter, compared to analysts' expectations of $7.80 billion. Equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analysts Set New Price Targets

DB has been the topic of several recent research reports. Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday. Bank of America assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating for the company. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock 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.

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