Jefferies Financial Group Inc. Raises Stock Position in Deutsche Bank Aktiengesellschaft $DB

Jefferies Financial Group Inc. boosted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 268.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 234,537 shares of the bank’s stock after purchasing an additional 170,933 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $9,117,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 80,119,806 shares of the bank’s stock worth $3,087,737,000 after buying an additional 1,051,072 shares in the last quarter. Amundi grew its position in shares of Deutsche Bank Aktiengesellschaft by 22.0% during the third quarter. Amundi now owns 49,597,003 shares of the bank’s stock valued at $1,732,919,000 after purchasing an additional 8,932,484 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 3.8% during the third quarter. Fisher Asset Management LLC now owns 26,432,006 shares of the bank’s stock valued at $935,957,000 after purchasing an additional 960,605 shares in the last quarter. Credit Agricole S A purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at about $237,336,000. Finally, Viking Global Investors LP purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at about $214,593,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on DB. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Barclays lowered Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Weiss Ratings lowered Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Down 0.1%

DB opened at $32.41 on Monday. The firm has a market cap of $62.87 billion, a P/E ratio of 8.93, a P/E/G ratio of 0.43 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 12 month low of $27.13 and a 12 month high of $40.43. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. The stock has a 50-day moving average of $31.08 and a 200 day moving average of $34.91.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, topping the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion during the quarter, compared to analyst estimates of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. As a group, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current year.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.