Mercer Global Advisors Inc. ADV Has $3.23 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mercer Global Advisors Inc. ADV lifted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 202,799 shares of the bank’s stock after purchasing an additional 2,326 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Deutsche Bank Aktiengesellschaft were worth $3,233,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Aprio Wealth Management LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 4.3% during the second quarter. Aprio Wealth Management LLC now owns 14,686 shares of the bank’s stock valued at $234,000 after buying an additional 604 shares in the last quarter. First Trust Direct Indexing L.P. lifted its holdings in Deutsche Bank Aktiengesellschaft by 1.3% in the 1st quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank’s stock worth $755,000 after purchasing an additional 630 shares during the last quarter. Cetera Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 9.2% during the first quarter. Cetera Advisors LLC now owns 11,826 shares of the bank’s stock worth $186,000 after purchasing an additional 1,001 shares during the period. Parallel Advisors LLC grew its holdings in 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 purchasing an additional 1,163 shares during the last quarter. Finally, Rhumbline Advisers raised its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% in the second quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock valued at $478,000 after purchasing an additional 1,230 shares during the period. 27.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DB shares. StockNews.com lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. Barclays raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.5 %

DB opened at $16.92 on Monday. The business has a 50 day moving average of $15.83 and a 200-day moving average of $16.03. The stock has a market capitalization of $34.97 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 2.46 and a beta of 1.21. 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.

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 analyst estimates of $8.18 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 4.63% and a net margin of 5.58%. As a group, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.29 earnings per share for the current 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.