Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Purchased by Invesco Ltd.

Invesco Ltd. raised its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 0.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 4,165,414 shares of the bank’s stock after acquiring an additional 14,099 shares during the quarter. Invesco Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $99,262,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 96.5% during the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank’s stock valued at $39,000 after purchasing an additional 800 shares during the period. Zions Bancorporation National Association UT purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the first quarter valued at approximately $39,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank’s stock valued at $57,000 after purchasing an additional 424 shares during the period. Federated Hermes Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 651.9% during the first quarter. Federated Hermes Inc. now owns 4,910 shares of the bank’s stock valued at $116,000 after purchasing an additional 4,257 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 2,319.7% during the first quarter. GAMMA Investing LLC now owns 6,267 shares of the bank’s stock valued at $149,000 after purchasing an additional 6,008 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, April 30th. Bank of America assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a “buy” rating on the stock. Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 28th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Down 0.6%

Shares of NYSE:DB opened at $36.56 on Friday. 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 fifty day simple moving average of $30.97 and a 200 day simple moving average of $26.31. The firm has a market cap of $72.83 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 0.45 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a 12-month low of $15.20 and a 12-month high of $36.99.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.24). The business had revenue of $9.21 billion during the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. On average, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

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.