Yousif Capital Management LLC Grows Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Yousif Capital Management LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 7.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,251 shares of the bank’s stock after buying an additional 2,300 shares during the quarter. Yousif Capital Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $974,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 11.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 177,433 shares of the bank’s stock worth $5,195,000 after purchasing an additional 17,636 shares in the last quarter. PDS Planning Inc purchased a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter worth $221,000. IFP Advisors Inc lifted its stake in Deutsche Bank Aktiengesellschaft by 345.6% in the 2nd quarter. IFP Advisors Inc now owns 3,440 shares of the bank’s stock worth $101,000 after purchasing an additional 2,668 shares in the last quarter. Callan Family Office LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 61.2% in the 2nd quarter. Callan Family Office LLC now owns 113,552 shares of the bank’s stock worth $3,325,000 after purchasing an additional 43,118 shares in the last quarter. Finally, Optas LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter worth $357,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB opened at $33.19 on Wednesday. The company has a market capitalization of $66.12 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 1.04 and a beta of 0.98. Deutsche Bank Aktiengesellschaft has a 12 month low of $16.02 and a 12 month high of $37.86. The firm’s 50-day moving average is $35.69 and its 200 day moving average is $30.80. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results 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%. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on DB. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. The Goldman Sachs Group cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 26th. Jefferies Financial Group initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday. They set a “hold” rating on the stock. Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Finally, Kepler Capital Markets cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 28th. 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, the company currently has a consensus rating of “Hold”.

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.