UBS Asset Management Americas Inc. raised its stake in shares of Deutsche Bank AG (NYSE:DB) by 2,423.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,845 shares of the bank’s stock after purchasing an additional 4,653 shares during the period. UBS Asset Management Americas Inc.’s holdings in Deutsche Bank were worth $37,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DB. Jane Street Group LLC lifted its holdings in shares of Deutsche Bank by 400.1% in the 2nd quarter. Jane Street Group LLC now owns 1,014,601 shares of the bank’s stock valued at $7,742,000 after acquiring an additional 811,702 shares during the last quarter. Bluefin Trading LLC bought a new position in shares of Deutsche Bank in the 2nd quarter valued at about $303,000. Capital International Ltd. CA lifted its holdings in shares of Deutsche Bank by 183.3% in the 2nd quarter. Capital International Ltd. CA now owns 15,004 shares of the bank’s stock valued at $116,000 after acquiring an additional 9,707 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Deutsche Bank by 150.8% in the 2nd quarter. Morgan Stanley now owns 3,555,737 shares of the bank’s stock valued at $27,130,000 after acquiring an additional 2,137,738 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Deutsche Bank by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 61,242,713 shares of the bank’s stock valued at $467,281,000 after acquiring an additional 1,475,458 shares during the last quarter. 21.94% of the stock is owned by institutional investors and hedge funds.

NYSE DB traded up $0.06 during trading on Wednesday, hitting $7.97. The stock had a trading volume of 40,805 shares, compared to its average volume of 5,037,578. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market capitalization of $16.70 billion, a price-to-earnings ratio of -798.00 and a beta of 1.56. Deutsche Bank AG has a one year low of $6.44 and a one year high of $10.79. The stock has a 50 day simple moving average of $7.70 and a 200 day simple moving average of $7.63.

Deutsche Bank (NYSE:DB) last announced its quarterly earnings data on Wednesday, July 24th. The bank reported ($1.86) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($2.03). The firm had revenue of $6.97 billion during the quarter. Deutsche Bank had a negative return on equity of 4.63% and a negative net margin of 8.73%. On average, sell-side analysts predict that Deutsche Bank AG will post 0.16 EPS for the current year.

A number of research analysts recently commented on DB shares. Credit Suisse Group reaffirmed a “sell” rating and issued a $6.00 price target on shares of Deutsche Bank in a report on Monday, July 1st. ValuEngine raised shares of Deutsche Bank from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Barclays reaffirmed a “sell” rating and issued a $5.00 price target on shares of Deutsche Bank in a report on Wednesday, July 17th. JPMorgan Chase & Co. reaffirmed a “hold” rating and issued a $6.25 price target on shares of Deutsche Bank in a report on Wednesday, July 24th. Finally, Zacks Investment Research downgraded shares of Deutsche Bank from a “hold” rating to a “sell” rating and set a $8.00 price objective for the company. in a research note on Monday, September 9th. Nine equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $7.01.

Deutsche Bank Profile

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.

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Institutional Ownership by Quarter for Deutsche Bank (NYSE:DB)

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