Yeomans Consulting Group Inc. Takes Position in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Yeomans Consulting Group Inc. has acquired a new position in Deutsche Bank Aktiengesellschaft, purchasing 10,501 shares valued at approximately $301,000 during the second quarter.
• Several large investors have also increased their stakes in Deutsche Bank, with Wealth Enhancement Advisory Services LLC growing its stake by 68.8%, now owning shares worth $567,000.
• Deutsche Bank reported $0.54 EPS for the last quarter, falling short of the expected $0.78, while the company has a consensus rating of "Hold" according to multiple analysts.

Yeomans Consulting Group Inc. purchased a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,501 shares of the bank's stock, valued at approximately $301,000.

A number of other large investors have also added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 68.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,763 shares of the bank's stock worth $567,000 after acquiring an additional 9,684 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter worth about $2,308,000. Northern Trust Corp boosted its stake in Deutsche Bank Aktiengesellschaft by 4.7% in the 1st quarter. Northern Trust Corp now owns 1,504,175 shares of the bank's stock worth $35,844,000 after purchasing an additional 66,892 shares in the last quarter. LPL Financial LLC grew its position in Deutsche Bank Aktiengesellschaft by 139.4% during the 1st quarter. LPL Financial LLC now owns 70,463 shares of the bank's stock valued at $1,679,000 after purchasing an additional 41,028 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 6.3% during the 1st quarter. Sequoia Financial Advisors LLC now owns 15,089 shares of the bank's stock valued at $360,000 after purchasing an additional 900 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Trading Down 0.7%

Shares of NYSE:DB opened at $35.27 on Friday. The stock's 50-day simple moving average is $35.54 and its two-hundred day simple moving average is $29.79. The stock has a market capitalization of $70.25 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 0.43 and a beta of 0.98. Deutsche Bank Aktiengesellschaft has a 52-week low of $16.02 and a 52-week high of $37.86. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The bank reported $0.54 EPS 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 analysts' expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. Analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Analyst Ratings Changes

DB has been the subject of several analyst reports. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, September 2nd. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Friday, August 22nd. Finally, Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They issued a "buy" rating for the company. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has a consensus 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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