Cetera Investment Advisers lifted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 120.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,833 shares of the bank's stock after buying an additional 23,395 shares during the period. Cetera Investment Advisers' holdings in Deutsche Bank Aktiengesellschaft were worth $1,021,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 96.5% during the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after buying an additional 800 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Deutsche Bank Aktiengesellschaft by 21.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after acquiring an additional 424 shares during the last quarter. GAMMA Investing LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 2,319.7% in the first quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock valued at $149,000 after acquiring an additional 6,008 shares during the last quarter. Sava Infond d.o.o. bought a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth $151,000. Finally, Lindbrook Capital LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 22.7% during the first quarter. Lindbrook Capital LLC now owns 7,185 shares of the bank's stock worth $171,000 after purchasing an additional 1,331 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.
Wall Street Analyst Weigh In
DB has been the topic of a number of recent analyst reports. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Bank of America assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They issued a "buy" rating on the stock. 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. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Finally, Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of "Moderate Buy".
Check Out Our Latest Research Report on DB
Deutsche Bank Aktiengesellschaft Price Performance
Shares of NYSE:DB traded down $0.22 during midday trading on Friday, hitting $36.56. The stock had a trading volume of 2,464,482 shares, compared to its average volume of 2,871,355. The company's 50-day moving average price is $30.97 and its 200-day moving average price is $26.31. The company has a market capitalization of $72.83 billion, a P/E ratio of 13.90, a price-to-earnings-growth ratio of 0.45 and a beta of 1.02. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $15.20 and a fifty-two week high of $36.99.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released 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 company had revenue of $9.21 billion for the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. As a group, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.
About Deutsche Bank Aktiengesellschaft
(
Free Report)
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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