Five Oceans Advisors Invests $235,000 in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Five Oceans Advisors has invested approximately $235,000 in Deutsche Bank Aktiengesellschaft by acquiring 8,029 shares in the 2nd quarter.
• Institutional investors and hedge funds hold 27.90% of Deutsche Bank Aktiengesellschaft's stock, indicating a growing interest in the bank's shares.
• Deutsche Bank reported $0.54 earnings per share for the last quarter, which missed analysts' expectations of $0.78, despite revenues surpassing expectations at $9.21 billion.

Five Oceans Advisors acquired a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,029 shares of the bank's stock, valued at approximately $235,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Opal Wealth Advisors LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $25,000. Farther Finance Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 96.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after purchasing an additional 800 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter valued at about $39,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after purchasing an additional 424 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $90,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DB. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They issued a "buy" rating for the company. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, September 2nd. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. Finally, Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $35.22 on Friday. The company has a market cap of $70.15 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 0.44 and a beta of 1.03. The stock has a 50 day simple moving average of $35.11 and a 200-day simple moving average of $29.38. Deutsche Bank Aktiengesellschaft has a 12-month low of $16.02 and a 12-month high of $37.86. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued 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). The business had revenue of $9.21 billion for the quarter, compared to analysts' expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. On average, equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Company 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.

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