Deutsche Bank Aktiengesellschaft $DB Shares Bought by Generali Asset Management SPA SGR

Key Points

• Generali Asset Management SPA SGR increased its stake in Deutsche Bank by 6.9%, acquiring a total of 269,061 shares valued at approximately $7.88 million.
• Deutsche Bank's recent earnings report revealed an EPS of $0.54, falling short of analysts' expectations of $0.78, although its revenue outperformed estimations at $9.21 billion.
• Wall Street analysts show a mixed perspective on Deutsche Bank, with ratings ranging from Strong Buy to Sell, leading to a consensus rating of "Moderate Buy".

Generali Asset Management SPA SGR grew its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 6.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 269,061 shares of the bank's stock after purchasing an additional 17,430 shares during the period. Generali Asset Management SPA SGR's holdings in Deutsche Bank Aktiengesellschaft were worth $7,878,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Opal Wealth Advisors LLC bought a new position in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $25,000. Farther Finance Advisors LLC lifted its stake in shares of 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 acquiring an additional 800 shares during the period. Zions Bancorporation National Association UT bought a new position in shares of Deutsche Bank Aktiengesellschaft in the first quarter valued at approximately $39,000. Founders Capital Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $73,000. Finally, AdvisorNet Financial Inc bought a new stake in Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $90,000. Institutional investors and hedge funds own 27.90% of the company's stock.

Wall Street Analysts Forecast Growth

DB has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Kepler Capital Markets cut shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Friday, October 10th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $35.26 on Wednesday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. Deutsche Bank Aktiengesellschaft has a 1 year low of $16.02 and a 1 year high of $37.86. The company has a market cap of $70.24 billion, a PE ratio of 13.41, a PEG ratio of 0.43 and a beta of 0.98. The stock's 50-day moving average price is $35.86 and its two-hundred day moving average price is $30.41.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $9.21 billion for the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. On average, 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.

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