Fiera Capital Corp Has $5.82 Million Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Fiera Capital Corp increased its stake in Deutsche Bank Aktiengesellschaft by 38.5% during the first quarter, acquiring an additional 67,960 shares, bringing its total holdings to 244,290 shares valued at approximately $5.82 million.
• Several institutional investors also raised their positions in Deutsche Bank, with GAMMA Investing LLC increasing its holdings by an astonishing 2,319.7%.
• Despite a net margin of 7.67%, Deutsche Bank's earnings report showed EPS of $0.54, falling short of the consensus estimate of $0.78.

Fiera Capital Corp boosted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 38.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 244,290 shares of the bank's stock after acquiring an additional 67,960 shares during the quarter. Fiera Capital Corp's holdings in Deutsche Bank Aktiengesellschaft were worth $5,821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 199.8% during the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock worth $222,715,000 after buying an additional 8,617,662 shares during the last quarter. Capital International Investors increased its stake in shares of Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank's stock valued at $1,510,097,000 after acquiring an additional 7,558,488 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 18.7% during the 4th quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank's stock worth $258,903,000 after purchasing an additional 2,369,480 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 72.3% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank's stock worth $93,054,000 after purchasing an additional 2,266,996 shares during the period. Finally, Capital International Inc. CA boosted its holdings in Deutsche Bank Aktiengesellschaft by 23.4% in the 4th quarter. Capital International Inc. CA now owns 9,269,824 shares of the bank's stock worth $159,774,000 after acquiring an additional 1,755,675 shares during the period. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Up 3.4%

Shares of DB traded up $1.12 during midday trading on Monday, reaching $33.65. 2,506,812 shares of the stock were exchanged, compared to its average volume of 3,317,512. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $34.14. The firm has a 50 day simple moving average of $29.40 and a 200-day simple moving average of $25.29. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. The company has a market cap of $67.02 billion, a price-to-earnings ratio of 12.79, a P/E/G ratio of 0.40 and a beta of 1.02.

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

Analyst Upgrades and Downgrades

DB has been the topic of several research reports. Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Bank of America began coverage on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating for the company. Kepler Capital Markets cut Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 28th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. One analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

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.