SYSTM Wealth Solutions LLC Invests $31,000 in Deutsche Bank Aktiengesellschaft (NYSE:DB)

SYSTM Wealth Solutions LLC acquired a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,935 shares of the bank’s stock, valued at approximately $31,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $29,000. Parallel Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 26.9% in the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after purchasing an additional 1,163 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 20.5% in 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 during the period. Blue Trust Inc. boosted its position 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 worth $135,000 after purchasing an additional 6,146 shares in the last quarter. Finally, Leo Wealth LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth $159,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. 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 equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Up 2.4 %

Shares of DB stock opened at $17.02 on Friday. The company has a market capitalization of $35.17 billion, a price-to-earnings ratio of 7.43, a P/E/G ratio of 2.46 and a beta of 1.21. Deutsche Bank Aktiengesellschaft has a 12-month low of $10.00 and a 12-month high of $17.95. The firm has a fifty day moving average of $15.81 and a 200-day moving average of $15.97. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued 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). The firm had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $8.18 billion. Deutsche Bank Aktiengesellschaft had a net margin of 5.58% and a return on equity of 4.63%. As a group, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.29 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft 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.