Edmond DE Rothschild Holding S.A. Takes $315,000 Position in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Edmond DE Rothschild Holding S.A. has acquired a new position in Deutsche Bank Aktiengesellschaft, purchasing 13,330 shares worth approximately $315,000 in the 1st quarter.
• Several other institutional investors increased their stakes in Deutsche Bank, with Farther Finance Advisors LLC growing its holdings by 96.5%.
• Despite recent acquisitions, Deutsche Bank's stock has seen a 0.3% decline, with its last recorded earnings missing analysts' expectations by $0.24 per share.

Edmond DE Rothschild Holding S.A. bought a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,330 shares of the bank's stock, valued at approximately $315,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT acquired a new position in Deutsche Bank Aktiengesellschaft during the first quarter worth about $39,000. Farther Finance Advisors LLC raised its position in 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 acquiring an additional 800 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock worth $57,000 after acquiring an additional 424 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in Deutsche Bank Aktiengesellschaft by 28,293.3% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,259 shares of the bank's stock worth $101,000 after acquiring an additional 4,244 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 651.9% during the first quarter. Federated Hermes Inc. now owns 4,910 shares of the bank's stock valued at $116,000 after acquiring an additional 4,257 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on DB shares. Bank of America initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They issued a "buy" rating on the stock. The Goldman Sachs Group lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Tuesday, August 26th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, September 2nd. Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Finally, Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Four investment 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. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Trading Up 1.4%

DB traded up $0.52 on Wednesday, reaching $36.22. 2,118,653 shares of the company's stock were exchanged, compared to its average volume of 3,201,530. The company's 50 day moving average is $33.48 and its 200-day moving average is $28.25. The company has a market cap of $72.14 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 0.43 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a twelve month low of $15.20 and a twelve month high of $37.54. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing the consensus estimate 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%. Equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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.