Signature Estate & Investment Advisors LLC Purchases New Shares in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Signature Estate & Investment Advisors LLC recently acquired **8,522 shares** of Deutsche Bank Aktiengesellschaft, totaling approximately **$203,000**.
• In the first quarter, several institutional investors increased their stakes in Deutsche Bank, with **Kayne Anderson Rudnick** boosting its position by a staggering **28,293.3%**.
• Deutsche Bank's stock currently has an average rating of **"Hold"**, with various analysts issuing target ratings ranging from **Buy** to **Sell**.

Signature Estate & Investment Advisors LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,522 shares of the bank's stock, valued at approximately $203,000.

Other hedge funds have also recently bought and sold shares of the company. Zions Bancorporation National Association UT bought a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $39,000. Farther Finance Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 96.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after buying an additional 800 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Deutsche Bank Aktiengesellschaft by 21.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after buying an additional 424 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in Deutsche Bank Aktiengesellschaft by 28,293.3% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,259 shares of the bank's stock valued at $101,000 after buying an additional 4,244 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 651.9% in the 1st quarter. Federated Hermes Inc. now owns 4,910 shares of the bank's stock valued at $116,000 after buying an additional 4,257 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

DB stock opened at $36.22 on Thursday. The business's 50-day moving average price is $33.62 and its two-hundred day moving average price is $28.30. 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 firm has a market cap of $72.14 billion, a PE ratio of 13.77, a P/E/G ratio of 0.44 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a 1-year low of $15.20 and a 1-year high of $37.54.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share 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 the consensus estimate of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. As a group, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on DB shares. Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. The Goldman Sachs Group lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Tuesday, August 26th. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, September 2nd. Finally, Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently 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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