Vanguard Personalized Indexing Management LLC Raises Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Vanguard Personalized Indexing Management LLC lifted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,430 shares of the bank’s stock after buying an additional 10,285 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,840,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rothschild Investment LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $29,000. SYSTM Wealth Solutions LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $31,000. Parallel Advisors LLC raised its position 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 purchasing an additional 1,163 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 20.5% during the 1st 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. Finally, Blue Trust Inc. grew its position in 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 purchasing an additional 6,146 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.5 %

DB stock opened at $16.92 on Friday. The stock has a market capitalization of $34.97 billion, a PE ratio of 7.39, a price-to-earnings-growth ratio of 2.46 and a beta of 1.21. The company has a fifty day moving average of $15.83 and a 200-day moving average of $16.02. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.78. Deutsche Bank Aktiengesellschaft has a one year low of $10.00 and a one year high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data 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 analyst estimates of $8.18 billion. As a group, analysts expect that Deutsche Bank Aktiengesellschaft will post 2.29 EPS for the current 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.