HB Wealth Management LLC Makes New $256,000 Investment in Deutsche Bank Aktiengesellschaft $DB

HB Wealth Management LLC bought a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 8,753 shares of the bank's stock, valued at approximately $256,000.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its position in Deutsche Bank Aktiengesellschaft by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 79,404,821 shares of the bank's stock worth $1,892,773,000 after buying an additional 370,319 shares during the last quarter. Deutsche Bank AG increased its position in shares of Deutsche Bank Aktiengesellschaft by 10.0% during the 1st quarter. Deutsche Bank AG now owns 47,662,928 shares of the bank's stock valued at $1,135,808,000 after purchasing an additional 4,322,086 shares during the last quarter. GQG Partners LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at about $470,716,000. Entrust Global Partners L L C purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at about $365,750,000. Finally, Invesco Ltd. increased its position in shares of Deutsche Bank Aktiengesellschaft by 0.3% during the 1st quarter. Invesco Ltd. now owns 4,165,414 shares of the bank's stock valued at $99,262,000 after purchasing an additional 14,099 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Down 0.4%

NYSE DB opened at $34.80 on Wednesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $69.31 billion, a P/E ratio of 13.23, a P/E/G ratio of 0.43 and a beta of 0.98. Deutsche Bank Aktiengesellschaft has a one year low of $16.02 and a one year high of $37.86. The stock has a 50 day moving average price of $35.67 and a 200-day moving average price of $30.05.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DB shares. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Saturday, September 27th. 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. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold".

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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