Jefferies Financial Group Inc. Takes Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Jefferies Financial Group Inc. acquired a new stake in Deutsche Bank Aktiengesellschaft, purchasing 97,787 shares valued at approximately $2.3 million in the first quarter.
• Other institutional investors have also increased their holdings in Deutsche Bank, with Federated Hermes Inc. boosting its position by 651.9%, now owning 4,910 shares valued at $116,000.
• Despite recent challenges, Deutsche Bank reported revenues of $9.21 billion for the quarter, exceeding analysts' expectations of $7.80 billion, although its EPS missed estimates.

Jefferies Financial Group Inc. bought a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 97,787 shares of the bank's stock, valued at approximately $2,308,000.

Other institutional investors have also modified their holdings of the company. US Bancorp DE boosted its position in Deutsche Bank Aktiengesellschaft by 10.4% during the first quarter. US Bancorp DE now owns 53,714 shares of the bank's stock worth $1,280,000 after acquiring an additional 5,076 shares during the last quarter. Natixis Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 9.7% during the first quarter. Natixis Advisors LLC now owns 395,495 shares of the bank's stock worth $9,425,000 after acquiring an additional 35,112 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Deutsche Bank Aktiengesellschaft during the first quarter worth about $1,430,000. Federated Hermes Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 651.9% during the first quarter. Federated Hermes Inc. now owns 4,910 shares of the bank's stock worth $116,000 after acquiring an additional 4,257 shares during the last quarter. Finally, Fiera Capital Corp boosted its position in Deutsche Bank Aktiengesellschaft by 38.5% during the first quarter. Fiera Capital Corp now owns 244,290 shares of the bank's stock worth $5,821,000 after acquiring an additional 67,960 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Trading Down 1.3%

Shares of NYSE:DB opened at $32.54 on Monday. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $34.14. The company's 50 day moving average is $29.40 and its two-hundred day moving average is $25.29. 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 market cap of $64.82 billion, a PE ratio of 12.37, a P/E/G ratio of 0.40 and a beta of 1.02.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 EPS 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 firm had revenue of $9.21 billion during the quarter, compared to analysts' expectations of $7.80 billion. Equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on DB shares. Bank of America started coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They set a "buy" rating on the stock. Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, July 28th. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

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.

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