Gordian Capital Singapore Pte Ltd Acquires Shares of 10,500 Deutsche Bank Aktiengesellschaft $DB

Key Points

• Gordian Capital Singapore Pte Ltd invested approximately $252,000 in Deutsche Bank Aktiengesellschaft by acquiring 10,500 shares in the first quarter, as reported in their recent SEC filing.
• Institutional ownership of Deutsche Bank is significant, with 27.90% of the stock currently held by institutional investors, highlighting its appeal among larger investment firms.
• Recent analyst ratings have shown a mixed sentiment, with four analysts giving a "Buy" rating and others downgrading the stock to "Hold," resulting in a consensus rating of "Hold."

Gordian Capital Singapore Pte Ltd purchased a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,500 shares of the bank's stock, valued at approximately $252,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DB. GQG Partners LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the first quarter valued at approximately $470,716,000. Deutsche Bank AG grew its stake in Deutsche Bank Aktiengesellschaft by 10.0% during the 1st quarter. Deutsche Bank AG now owns 47,662,928 shares of the bank's stock worth $1,135,808,000 after buying an additional 4,322,086 shares during the last quarter. Causeway Capital Management LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the first quarter worth about $36,066,000. Wellington Management Group LLP raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 301.7% during the first quarter. Wellington Management Group LLP now owns 1,995,258 shares of the bank's stock valued at $47,028,000 after acquiring an additional 1,498,577 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 91.4% during the fourth quarter. Janus Henderson Group PLC now owns 2,033,793 shares of the bank's stock worth $35,087,000 after buying an additional 971,402 shares during the period. Hedge funds and other institutional investors own 27.90% of the company's stock.

Analyst Upgrades and Downgrades

DB has been the topic of a number of analyst reports. The Goldman Sachs Group cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a report on Tuesday, August 26th. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, July 28th. 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 company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Trading Down 1.2%

Shares of DB stock traded down $0.41 on Tuesday, hitting $34.73. The stock had a trading volume of 3,159,919 shares, compared to its average volume of 3,231,543. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. The company has a fifty day moving average price of $32.80 and a two-hundred day moving average price of $27.68. The firm has a market cap of $69.17 billion, a P/E ratio of 13.20, 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.

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 for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. The company had revenue of $9.21 billion during the quarter, compared to analyst estimates of $7.80 billion. As a group, analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

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.