Invesco Ltd. Buys 14,099 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Invesco Ltd. increased its stake in Deutsche Bank Aktiengesellschaft by 0.3% during Q1, holding a total of 4,165,414 shares valued at approximately $99.26 million.
• Several institutional investors, including Capital International Investors and Vanguard Group Inc., have also increased their positions in Deutsche Bank, with Capital International owning 87.66 million shares valued at $1.51 billion.
• Deutsche Bank reported $0.54 earnings per share (EPS) for the last quarter, missing estimates, while its revenue was $9.21 billion, surpassing expectations of $7.80 billion.

Invesco Ltd. grew its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 0.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,165,414 shares of the bank's stock after acquiring an additional 14,099 shares during the period. Invesco Ltd. owned about 0.21% of Deutsche Bank Aktiengesellschaft worth $99,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Capital International Investors grew its position 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 period. Vanguard Group Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 79,404,821 shares of the bank's stock valued at $1,892,773,000 after acquiring an additional 370,319 shares during the period. Deutsche Bank AG grew 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 acquiring an additional 4,322,086 shares during the period. Capital International Inc. CA grew its position in shares of Deutsche Bank Aktiengesellschaft by 23.4% during the 4th quarter. Capital International Inc. CA now owns 9,269,824 shares of the bank's stock valued at $159,774,000 after acquiring an additional 1,755,675 shares during the period. Finally, Nuveen Asset Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 11.4% during the 4th quarter. Nuveen Asset Management LLC now owns 3,379,409 shares of the bank's stock valued at $58,229,000 after acquiring an additional 345,196 shares during the period. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Down 0.6%

Shares of NYSE DB opened at $36.56 on Friday. The firm's 50-day moving average price is $30.97 and its 200-day moving average price is $26.31. 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 stock has a market capitalization of $72.83 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 0.45 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a 12-month low of $15.20 and a 12-month high of $36.99.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 7.67% and a return on equity of 6.01%. On average, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DB shares. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Kepler Capital Markets cut shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 28th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Bank of America initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They issued a "buy" rating on the stock. Finally, Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, April 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

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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