Deutsche Bank Aktiengesellschaft $DB Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,776 shares of the bank’s stock after purchasing an additional 2,569 shares during the quarter. Prospera Financial Services Inc’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,692,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Opal Wealth Advisors LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $25,000. Zions Bancorporation National Association UT acquired a new stake in Deutsche Bank Aktiengesellschaft in the first quarter valued at $39,000. Farther Finance Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 46.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,387 shares of the bank’s stock worth $70,000 after purchasing an additional 758 shares in the last quarter. Founders Capital Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $73,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at about $90,000. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 0.3%

Shares of NYSE DB opened at $37.73 on Wednesday. The firm has a market cap of $75.15 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 1.12 and a beta of 1.02. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. Deutsche Bank Aktiengesellschaft has a 1 year low of $16.02 and a 1 year high of $37.95. The firm’s 50 day moving average price is $35.50 and its 200 day moving average price is $32.26.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.16. Deutsche Bank Aktiengesellschaft had a return on equity of 6.13% and a net margin of 7.99%.The company had revenue of $9.44 billion for the quarter, compared to analyst estimates of $7.75 billion. As a group, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on DB shares. The Goldman Sachs Group cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Tuesday, August 26th. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Jefferies Financial Group started coverage on Deutsche Bank Aktiengesellschaft in a report on Monday, October 20th. They set a “hold” rating for the company. Barclays raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Company 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.