CW Advisors LLC Purchases 9,777 Shares of Deutsche Bank Aktiengesellschaft $DB

Key Points

• CW Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 76.1% in the first quarter, bringing its total ownership to 22,621 shares worth $542,000.
• Several hedge funds, including Farther Finance Advisors LLC and GAMMA Investing LLC, significantly boosted their holdings in Deutsche Bank, reflecting a growing confidence among institutional investors.
• Deutsche Bank's stock currently holds an average rating of "Hold" from analysts, with some ratings shifting recently between "Buy," "Hold," and "Sell."

CW Advisors LLC increased its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 76.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 22,621 shares of the bank's stock after purchasing an additional 9,777 shares during the period. CW Advisors LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $542,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT acquired a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter worth approximately $39,000. Farther Finance Advisors LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 96.5% in the 1st 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 boosted its stake in Deutsche Bank Aktiengesellschaft by 21.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock worth $57,000 after purchasing an additional 424 shares during the period. Federated Hermes Inc. boosted its stake in Deutsche Bank Aktiengesellschaft by 651.9% in the 1st quarter. Federated Hermes Inc. now owns 4,910 shares of the bank's stock worth $116,000 after purchasing an additional 4,257 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 2,319.7% in the 1st quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock worth $149,000 after purchasing an additional 6,008 shares during the period. Institutional investors and hedge funds own 27.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DB. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Royal Bank Of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Finally, The Goldman Sachs Group lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Tuesday, August 26th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Down 0.5%

NYSE:DB traded down $0.19 during trading hours on Monday, reaching $35.17. The company's stock had a trading volume of 1,827,637 shares, compared to its average volume of 2,570,104. The company has a market cap of $70.05 billion, a price-to-earnings ratio of 13.37, a price-to-earnings-growth ratio of 0.43 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a one year low of $15.20 and a one year high of $37.54. The business's 50-day moving average is $32.65 and its 200-day moving average is $27.58. 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 (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 analysts' consensus estimates of $0.78 by ($0.24). The business had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. Equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current 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.