Public Sector Pension Investment Board Buys 13,185 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Public Sector Pension Investment Board raised its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,044,621 shares of the bank’s stock after purchasing an additional 13,185 shares during the quarter. Public Sector Pension Investment Board owned 0.05% of Deutsche Bank Aktiengesellschaft worth $16,691,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $29,000. SYSTM Wealth Solutions LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $31,000. Parallel Advisors LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 26.9% during the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after acquiring an additional 1,163 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 20.5% during the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock valued at $118,000 after acquiring an additional 1,251 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 251.8% during the second quarter. Blue Trust Inc. now owns 8,587 shares of the bank’s stock valued at $135,000 after acquiring an additional 6,146 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DB. 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 shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.1 %

Shares of NYSE:DB opened at $16.90 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. The stock has a fifty day simple moving average of $15.83 and a two-hundred day simple moving average of $16.06. Deutsche Bank Aktiengesellschaft has a 12-month low of $10.00 and a 12-month high of $17.95. The stock has a market capitalization of $34.93 billion, a price-to-earnings ratio of 7.38, a PEG ratio of 2.46 and a beta of 1.21.

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

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.