IFP Advisors Inc Has $101,000 Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

IFP Advisors Inc grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 345.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,440 shares of the bank’s stock after buying an additional 2,668 shares during the period. IFP Advisors Inc’s holdings in Deutsche Bank Aktiengesellschaft were worth $101,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at about $25,000. Farther Finance Advisors LLC grew its stake in Deutsche Bank Aktiengesellschaft by 96.5% during the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank’s stock worth $39,000 after purchasing an additional 800 shares during the period. Zions Bancorporation National Association UT acquired a new stake in Deutsche Bank Aktiengesellschaft during the first quarter worth approximately $39,000. Founders Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $73,000. Finally, AdvisorNet Financial Inc acquired a new stake in Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $90,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Down 4.3%

DB stock opened at $33.59 on Monday. Deutsche Bank Aktiengesellschaft has a twelve month low of $16.02 and a twelve month high of $37.86. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average is $35.80 and its 200-day moving average is $30.69. The firm has a market capitalization of $66.90 billion, a PE ratio of 12.77, a P/E/G ratio of 1.03 and a beta of 0.98.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. The company had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $7.80 billion. Sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DB has been the subject of several recent analyst reports. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Morgan Stanley reaffirmed 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 report on Friday, August 22nd. Kepler Capital Markets lowered Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Monday, July 28th. Finally, Barclays upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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.