Deutsche Bank Aktiengesellschaft $DB Shares Purchased by Callan Family Office LLC

Key Points

• Callan Family Office LLC increased its stake in Deutsche Bank by 61.2% in Q2, now holding 113,552 shares valued at approximately $3.3 million.
• Several institutional investors, including Vanguard Group and Deutsche Bank AG, also expanded their stakes in the bank during the first quarter.
• Deutsche Bank's stock recently opened at $34.56, with a market cap of $68.85 billion, and it reported an earnings miss for the last quarter.

Callan Family Office LLC boosted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 61.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 113,552 shares of the bank's stock after acquiring an additional 43,118 shares during the quarter. Callan Family Office LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $3,325,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Deutsche Bank Aktiengesellschaft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 79,404,821 shares of the bank's stock worth $1,892,773,000 after purchasing an additional 370,319 shares during the last quarter. Deutsche Bank AG boosted its stake in Deutsche Bank Aktiengesellschaft by 10.0% during the 1st quarter. Deutsche Bank AG now owns 47,662,928 shares of the bank's stock worth $1,135,808,000 after purchasing an additional 4,322,086 shares during the last quarter. GQG Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the 1st quarter worth $470,716,000. Entrust Global Partners L L C acquired a new stake in Deutsche Bank Aktiengesellschaft during the 1st quarter worth $365,750,000. Finally, Invesco Ltd. boosted its stake in Deutsche Bank Aktiengesellschaft by 0.3% during the 1st quarter. Invesco Ltd. now owns 4,165,414 shares of the bank's stock worth $99,262,000 after purchasing an additional 14,099 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Wall Street Analysts Forecast Growth

DB has been the topic of several recent research reports. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, September 2nd. Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. The Goldman Sachs Group cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Tuesday, August 26th. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Down 1.9%

Shares of DB opened at $34.56 on Friday. The firm has a market cap of $68.85 billion, a P/E ratio of 13.14, a price-to-earnings-growth ratio of 0.42 and a beta of 0.98. Deutsche Bank Aktiengesellschaft has a 12-month low of $16.02 and a 12-month high of $37.86. The company's 50-day moving average price is $35.79 and its 200 day moving average price is $30.22. 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 (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 the consensus estimate of $0.78 by ($0.24). The company had revenue of $9.21 billion during the quarter, compared to analysts' expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. On average, sell-side analysts forecast 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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