Deutsche Bank Aktiengesellschaft $DB Shares Purchased by QRG Capital Management Inc.

Key Points

• QRG Capital Management Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 8.4%, bringing its total holdings to over 277,000 shares valued at approximately $8.1 million.
• Several large investors have also increased their positions in Deutsche Bank, with GQG Partners LLC and Entrust Global Partners LLC investing over $470 million and $365 million respectively during the first quarter.
• Currently, Deutsche Bank's stock has mixed ratings from analysts, with five ratings for "Buy," four for "Hold," and one for "Sell," indicating a consensus rating of "Hold."

QRG Capital Management Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 8.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 277,714 shares of the bank's stock after buying an additional 21,465 shares during the quarter. QRG Capital Management Inc.'s holdings in Deutsche Bank Aktiengesellschaft were worth $8,131,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. GQG Partners LLC purchased a new position in Deutsche Bank Aktiengesellschaft in the first quarter valued at $470,716,000. Entrust Global Partners L L C purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $365,750,000. Deutsche Bank AG raised 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 acquiring an additional 4,322,086 shares in the last quarter. Appaloosa LP purchased a new stake in Deutsche Bank Aktiengesellschaft in the first quarter valued at $89,362,000. Finally, Causeway Capital Management LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth about $36,066,000. Hedge funds and other institutional investors own 27.90% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on DB shares. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. 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. 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. Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Saturday, September 27th. 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Up 1.0%

Shares of NYSE DB opened at $35.64 on Monday. 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. The company has a market capitalization of $70.99 billion, a PE ratio of 13.55, a price-to-earnings-growth ratio of 0.44 and a beta of 0.98. The firm's 50-day moving average is $35.59 and its two-hundred day moving average is $29.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its 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). Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. The company had revenue of $9.21 billion during the quarter, compared to analysts' expectations of $7.80 billion. Equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal 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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