Vanguard Personalized Indexing Management LLC Buys 17,636 Shares of Deutsche Bank Aktiengesellschaft $DB

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 11.0% during the second quarter, HoldingsChannel.com reports. The firm owned 177,433 shares of the bank’s stock after purchasing an additional 17,636 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $5,195,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 68.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,763 shares of the bank’s stock valued at $567,000 after purchasing an additional 9,684 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at $2,308,000. Northern Trust Corp raised its stake in shares of Deutsche Bank Aktiengesellschaft by 4.7% during the 1st quarter. Northern Trust Corp now owns 1,504,175 shares of the bank’s stock valued at $35,844,000 after purchasing an additional 66,892 shares during the period. LPL Financial LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 139.4% during the 1st quarter. LPL Financial LLC now owns 70,463 shares of the bank’s stock valued at $1,679,000 after purchasing an additional 41,028 shares during the period. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 6.3% during the 1st quarter. Sequoia Financial Advisors LLC now owns 15,089 shares of the bank’s stock valued at $360,000 after purchasing an additional 900 shares during the period. 27.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DB has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, September 2nd. Zacks Research lowered Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, The Goldman Sachs Group lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 26th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $35.29 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $70.31 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 0.42 and a beta of 0.98. The business’s 50-day moving average price is $35.83 and its 200-day moving average price is $30.38. Deutsche Bank Aktiengesellschaft has a 12 month low of $16.02 and a 12 month high of $37.86.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.24). The firm had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. Sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS 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.