Ballentine Partners LLC Increases Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Ballentine Partners LLC lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 13.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,158 shares of the bank’s stock after purchasing an additional 1,590 shares during the quarter. Ballentine Partners LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $210,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth about $29,000. Parallel Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 26.9% in the 4th quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after buying an additional 1,163 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 20.5% during the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock worth $118,000 after purchasing an additional 1,251 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 251.8% during the 2nd quarter. Blue Trust Inc. now owns 8,587 shares of the bank’s stock worth $135,000 after buying an additional 6,146 shares in the last quarter. Finally, Leo Wealth LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the first quarter valued at $159,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 1.0 %

Shares of DB opened at $15.83 on Friday. The business’s 50-day moving average price is $15.84 and its 200 day moving average price is $15.87. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a 1-year low of $10.00 and a 1-year high of $17.95. The stock has a market capitalization of $32.72 billion, a P/E ratio of 6.91, a P/E/G ratio of 2.54 and a beta of 1.21.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Wednesday, July 24th. The bank reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.90). Deutsche Bank Aktiengesellschaft had a net margin of 5.58% and a return on equity of 4.63%. The firm had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $8.18 billion. Analysts expect that Deutsche Bank Aktiengesellschaft will post 2.29 earnings per share for the current year.

Analyst Ratings Changes

DB has been the topic of several research analyst reports. Barclays raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. StockNews.com lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Friday, July 26th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

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.