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

Leonteq Securities AG purchased a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 168,317 shares of the bank’s stock, valued at approximately $6,490,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $27,000. Triumph Capital Management acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $32,000. Cary Street Partners Investment Advisory LLC grew its position in Deutsche Bank Aktiengesellschaft by 61.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock worth $38,000 after buying an additional 413 shares during the period. Geneos Wealth Management Inc. grew its position in Deutsche Bank Aktiengesellschaft by 178.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after buying an additional 881 shares during the period. Finally, Westside Investment Management Inc. grew its position in Deutsche Bank Aktiengesellschaft by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock worth $42,000 after buying an additional 593 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 6.1%

Shares of NYSE DB opened at $32.86 on Thursday. Deutsche Bank Aktiengesellschaft has a 12-month low of $27.13 and a 12-month high of $40.43. The company has a market capitalization of $63.74 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 0.41 and a beta of 0.94. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74. The firm’s 50-day moving average is $31.04 and its two-hundred day moving average is $34.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion for the quarter, compared to the consensus estimate of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. Equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Finally, Weiss Ratings lowered shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

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.