Optas LLC Makes New $357,000 Investment in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Optas LLC has made a new investment of approximately $357,000 in Deutsche Bank Aktiengesellschaft by acquiring 12,190 shares during the second quarter.
• The bank recently reported earnings of $0.54 per share, missing analysts' expectations of $0.78, despite generating $9.21 billion in revenue.
• Several institutional investors, including Vanguard Group Inc. and Deutsche Bank AG, have increased their stakes in Deutsche Bank Aktiengesellschaft in recent months.

Optas LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,190 shares of the bank's stock, valued at approximately $357,000.

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

Deutsche Bank Aktiengesellschaft Trading Down 0.2%

Shares of DB stock opened at $35.25 on Friday. 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 stock has a market capitalization of $70.22 billion, a P/E ratio of 13.40, a price-to-earnings-growth ratio of 0.43 and a beta of 0.98. The company has a 50 day moving average price of $35.75 and a 200 day moving average price of $30.16. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.02 and a fifty-two week high of $37.86.

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DB shares. The Goldman Sachs Group downgraded shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Tuesday, August 26th. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. 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. Weiss Ratings reissued a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday. Finally, Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

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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