Deutsche Bank Aktiengesellschaft $DB Shares Bought by Callan Family Office LLC

Callan Family Office LLC raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 61.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,552 shares of the bank’s stock after acquiring an additional 43,118 shares during the quarter. Callan Family Office LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $3,325,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DB. Wealth Enhancement Advisory Services LLC acquired a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $240,000. GAMMA Investing LLC grew its position in Deutsche Bank Aktiengesellschaft by 2,319.7% in the 1st quarter. GAMMA Investing LLC now owns 6,267 shares of the bank’s stock valued at $149,000 after acquiring an additional 6,008 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of 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 buying an additional 800 shares during the period. Ritholtz Wealth Management increased its stake in shares of Deutsche Bank Aktiengesellschaft by 6.4% during the first quarter. Ritholtz Wealth Management now owns 172,877 shares of the bank’s stock worth $4,120,000 after buying an additional 10,332 shares during the period. Finally, D Orazio & Associates Inc. increased its stake in shares of Deutsche Bank Aktiengesellschaft by 18.7% during the first quarter. D Orazio & Associates Inc. now owns 15,400 shares of the bank’s stock worth $367,000 after buying an additional 2,429 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on DB. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, September 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $34.56 on Friday. The firm has a market capitalization of $68.85 billion, a P/E ratio of 13.14, a P/E/G ratio of 0.42 and a beta of 0.98. Deutsche Bank Aktiengesellschaft has a 52 week low of $16.02 and a 52 week 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 firm’s 50 day moving average is $35.79 and its two-hundred day moving average is $30.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced 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 company had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. Research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

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.