Sivia Capital Partners LLC Purchases New Stake in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Sivia Capital Partners LLC invested $413,000 in Deutsche Bank Aktiengesellschaft, purchasing 14,118 shares in the second quarter.
• Multiple hedge funds have increased their holdings in Deutsche Bank, with notable increases such as a 1,503.0% growth by Thurston Springer Miller Herd & Titak Inc.
• Research analysts have mixed views on Deutsche Bank, with Zacks Research downgrading it to a "hold" rating, while Morgan Stanley maintains an "overweight" rating on the stock.

Sivia Capital Partners LLC purchased a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 14,118 shares of the bank's stock, valued at approximately $413,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in DB. MassMutual Private Wealth & Trust FSB increased its stake in Deutsche Bank Aktiengesellschaft by 30.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 3,158 shares of the bank's stock valued at $92,000 after buying an additional 746 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 6.5% during the 2nd quarter. Parallel Advisors LLC now owns 11,286 shares of the bank's stock worth $330,000 after buying an additional 692 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1,503.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,486 shares of the bank's stock worth $219,000 after buying an additional 7,019 shares during the period. Focus Partners Wealth bought a new stake in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $795,000. Finally, Entrust Global Partners L L C bought a new stake in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $365,750,000. 27.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DB shares. Citigroup reaffirmed a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. The Goldman Sachs Group lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Tuesday, August 26th. Kepler Capital Markets downgraded shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Monday, July 28th. Finally, Bank of America initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They issued a "buy" rating on the stock. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded up $0.34 during trading on Friday, hitting $36.28. 5,106,327 shares of the company's stock were exchanged, compared to its average volume of 3,186,286. The stock's 50 day moving average price is $34.50 and its two-hundred day moving average price is $28.94. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.02 and a fifty-two week high of $37.86. 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 $72.27 billion, a PE ratio of 13.79, a P/E/G ratio of 0.45 and a beta of 1.03.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data 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 firm 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%. Research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

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.