Jefferies Financial Group Inc. Invests $2.31 Million 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. acquired a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 97,787 shares of the bank's stock, valued at approximately $2,308,000.

Several other large investors also recently bought and sold shares of the business. LPL Financial LLC boosted its position in Deutsche Bank Aktiengesellschaft by 21.6% in the fourth quarter. LPL Financial LLC now owns 29,435 shares of the bank's stock worth $502,000 after purchasing an additional 5,237 shares during the last quarter. National Bank of Canada FI boosted its position in Deutsche Bank Aktiengesellschaft by 9.3% in the fourth quarter. National Bank of Canada FI now owns 23,152 shares of the bank's stock worth $399,000 after purchasing an additional 1,965 shares during the last quarter. Headlands Technologies LLC boosted its position in Deutsche Bank Aktiengesellschaft by 3,320.8% in the fourth quarter. Headlands Technologies LLC now owns 8,894 shares of the bank's stock worth $152,000 after purchasing an additional 8,634 shares during the last quarter. Pitcairn Co. boosted its position in Deutsche Bank Aktiengesellschaft by 5.7% in the fourth quarter. Pitcairn Co. now owns 13,742 shares of the bank's stock worth $234,000 after purchasing an additional 740 shares during the last quarter. Finally, Prudential PLC boosted its position in Deutsche Bank Aktiengesellschaft by 19.9% in the fourth quarter. Prudential PLC now owns 216,985 shares of the bank's stock worth $3,737,000 after purchasing an additional 35,938 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded up $0.60 during trading hours on Friday, reaching $36.22. The company's stock had a trading volume of 2,312,589 shares, compared to its average volume of 3,308,247. The firm's 50-day moving average price is $29.94 and its 200-day moving average price is $25.62. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. Deutsche Bank Aktiengesellschaft has a 1 year low of $14.31 and a 1 year high of $36.31. The company has a market capitalization of $72.14 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 0.42 and a beta of 1.02.

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

Analyst Ratings Changes

A number of research firms have recently weighed in on DB. Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They set a "buy" rating on the stock. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft 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. 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. 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 assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft 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.