Deutsche Bank Aktiengesellschaft $DB Shares Bought by Thurston Springer Miller Herd & Titak Inc.

Key Points

• Thurston Springer Miller Herd & Titak Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 1,503.0% during the 2nd quarter, acquiring an additional 7,019 shares.
• Several large investors, including UBS AM and Public Employees Retirement System of Ohio, also boosted their holdings in Deutsche Bank, contributing to institutional investors owning 27.90% of the company's stock.
• Analysts have mixed sentiments on the bank, with four rating it a "Buy," four a "Hold," and one a "Sell," reflecting a consensus rating of "Hold."

Thurston Springer Miller Herd & Titak Inc. raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 1,503.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 7,486 shares of the bank's stock after purchasing an additional 7,019 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in Deutsche Bank Aktiengesellschaft were worth $219,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DB. Cetera Investment Advisers grew its holdings in Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock valued at $331,000 after purchasing an additional 738 shares during the last quarter. USS Investment Management Ltd grew its holdings in Deutsche Bank Aktiengesellschaft by 0.4% in the fourth quarter. USS Investment Management Ltd now owns 285,171 shares of the bank's stock valued at $4,918,000 after purchasing an additional 1,133 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 27.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,535,464 shares of the bank's stock valued at $43,230,000 after acquiring an additional 551,653 shares during the last quarter. Vise Technologies Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at $176,000. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 15.8% during the fourth quarter. Public Employees Retirement System of Ohio now owns 1,908,089 shares of the bank's stock valued at $32,815,000 after acquiring an additional 259,930 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Zacks Research lowered Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Kepler Capital Markets lowered Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 28th. Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating on the stock. Finally, Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock opened at $36.58 on Wednesday. The stock's 50-day moving average is $34.26 and its 200-day moving average is $28.79. The company has a market cap of $72.87 billion, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.03. 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 has a 12 month low of $16.02 and a 12 month high of $37.86.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). The firm had revenue of $9.21 billion during the quarter, compared to analysts' expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. Equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

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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