Valeo Financial Advisors LLC Makes New Investment in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Valeo Financial Advisors LLC invested approximately $278,000 in Deutsche Bank Aktiengesellschaft by acquiring 9,492 shares during the 2nd quarter.
• Multiple hedge funds increased their stakes in Deutsche Bank, with 27.90% of the stock currently owned by institutional investors.
• Deutsche Bank reported a quarterly earnings miss, with an EPS of $0.54, falling short of analysts' expectations of $0.78.

Valeo Financial Advisors LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 9,492 shares of the bank's stock, valued at approximately $278,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DB. Opal Wealth Advisors LLC bought a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $25,000. Farther Finance Advisors LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 96.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after acquiring an additional 800 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in Deutsche Bank Aktiengesellschaft during the 1st quarter worth about $39,000. Founders Capital Management bought a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $73,000. Finally, AdvisorNet Financial Inc bought a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $90,000. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $35.25 on Friday. The firm has a market capitalization of $70.22 billion, a P/E ratio of 13.40, a PEG ratio of 0.43 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. 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 52 week low of $16.02 and a 52 week high of $37.86.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share (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 for the quarter, compared to analysts' expectations of $7.80 billion. Sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Analyst Ratings Changes

DB has been the topic of a number of recent analyst reports. Citigroup restated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Weiss Ratings restated a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, July 28th. Kepler Capital Markets cut shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Monday, July 28th. Finally, Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of "Hold".

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.

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