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 grew its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 38.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 244,290 shares of the bank's stock after purchasing an additional 67,960 shares during the period. Fiera Capital Corp's holdings in Deutsche Bank Aktiengesellschaft were worth $5,821,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB lifted its position 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 worth $57,000 after purchasing an additional 424 shares during the period. Ballentine Partners LLC lifted its position in Deutsche Bank Aktiengesellschaft by 4.1% in the first quarter. Ballentine Partners LLC now owns 17,356 shares of the bank's stock worth $414,000 after purchasing an additional 680 shares during the period. Cetera Investment Advisers lifted its position in Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock worth $331,000 after purchasing an additional 738 shares during the period. Pitcairn Co. lifted its position in Deutsche Bank Aktiengesellschaft by 5.7% in the fourth quarter. Pitcairn Co. now owns 13,742 shares of the bank's stock worth $234,000 after purchasing an additional 740 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in Deutsche Bank Aktiengesellschaft by 96.5% in the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after purchasing an additional 800 shares during the period. Institutional investors and hedge funds own 27.90% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on DB shares. Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Finally, Kepler Capital Markets lowered Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB traded down $0.44 during trading hours on Friday, hitting $32.54. 3,210,819 shares of the company were exchanged, compared to its average volume of 2,553,839. The company has a market cap of $64.82 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.40 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $13.70 and a fifty-two week high of $34.14. 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 firm's fifty day moving average is $29.40 and its 200 day moving average is $25.20.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $7.80 billion. On average, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal 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.