Leonteq Securities AG Invests $6.49 Million in Deutsche Bank Aktiengesellschaft $DB

Leonteq Securities AG acquired a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 168,317 shares of the bank’s stock, valued at approximately $6,490,000.

Several other institutional investors have also modified their holdings of the company. Root Financial Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $27,000. Triumph Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $32,000. Cary Street Partners Investment Advisory LLC raised its stake in Deutsche Bank Aktiengesellschaft by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock worth $38,000 after acquiring an additional 413 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after acquiring an additional 881 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in Deutsche Bank Aktiengesellschaft by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock worth $42,000 after acquiring an additional 593 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 6.1%

NYSE DB opened at $32.86 on Thursday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market cap of $63.74 billion, a PE ratio of 9.05, a P/E/G ratio of 0.41 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a one year low of $27.13 and a one year high of $40.43. The firm’s fifty day moving average is $31.04 and its two-hundred day moving average is $34.95.

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

Wall Street Analyst Weigh In

DB has been the topic of several research analyst reports. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Weiss Ratings lowered shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft 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.