Invesco Ltd. Purchases 262,566 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Invesco Ltd. lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 28.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,196,657 shares of the bank’s stock after acquiring an additional 262,566 shares during the period. Invesco Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $15,653,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DB. OLD Mission Capital LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $98,000. Morgan Stanley lifted its holdings in Deutsche Bank Aktiengesellschaft by 11.3% during the 1st quarter. Morgan Stanley now owns 1,032,321 shares of the bank’s stock valued at $12,388,000 after buying an additional 104,395 shares in the last quarter. Verition Fund Management LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 33.1% during the 1st quarter. Verition Fund Management LLC now owns 26,806 shares of the bank’s stock valued at $322,000 after buying an additional 6,664 shares in the last quarter. Millennium Management LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 1st quarter valued at about $129,000. Finally, Squarepoint Ops LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 1st quarter valued at about $287,000.

A number of equities research analysts recently weighed in on DB shares. Royal Bank of Canada reissued a “sector perform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, October 28th. Credit Suisse Group reissued an “underperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, July 29th. Zacks Investment Research downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating and set a $15.50 target price on the stock. in a research report on Monday, October 18th. Societe Generale reissued a “buy” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, July 29th. Finally, Kepler Capital Markets raised shares of Deutsche Bank Aktiengesellschaft to a “hold” rating and set a $11.80 target price on the stock in a research report on Friday, August 20th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Hold” and a consensus target price of $13.65.

Shares of Deutsche Bank Aktiengesellschaft stock opened at $12.83 on Thursday. The firm’s 50 day moving average price is $12.88 and its 200-day moving average price is $13.09. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 2.26. Deutsche Bank Aktiengesellschaft has a 52-week low of $10.08 and a 52-week high of $15.34. The company has a market cap of $26.52 billion, a P/E ratio of 10.10, a PEG ratio of 0.17 and a beta of 1.41.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Tuesday, October 26th. The bank reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.12). The company had revenue of $7.12 billion for the quarter. Deutsche Bank Aktiengesellschaft had a return on equity of 3.54% and a net margin of 7.74%. As a group, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 1.58 EPS for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following segments: Corporate Bank, Investment Bank, Private Bank, Asset Management, Capital Release Unit, and Corporate and Other. The Corporate Bank segment includes the global transaction bank as well as the German commercial clients division.

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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