Choreo LLC Purchases 8,459 Shares of Deutsche Bank Aktiengesellschaft $DB

Choreo LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 48.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,780 shares of the bank’s stock after buying an additional 8,459 shares during the period. Choreo LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $757,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Contravisory Investment Management Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.9% during the 2nd quarter. Contravisory Investment Management Inc. now owns 12,223 shares of the bank’s stock worth $358,000 after acquiring an additional 346 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in Deutsche Bank Aktiengesellschaft by 4.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 10,033 shares of the bank’s stock worth $294,000 after purchasing an additional 450 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in Deutsche Bank Aktiengesellschaft by 2.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 21,914 shares of the bank’s stock valued at $522,000 after purchasing an additional 477 shares in the last quarter. Drive Wealth Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 3.9% during the second quarter. Drive Wealth Management LLC now owns 13,125 shares of the bank’s stock valued at $384,000 after purchasing an additional 489 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 1.2% in the 2nd quarter. Venturi Wealth Management LLC now owns 42,469 shares of the bank’s stock worth $1,244,000 after buying an additional 509 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 0.7%

DB opened at $35.33 on Tuesday. 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 stock’s fifty day moving average is $35.30 and its two-hundred day moving average is $33.09. The company has a market capitalization of $70.38 billion, a P/E ratio of 13.04, a PEG ratio of 1.12 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a 52 week low of $16.60 and a 52 week high of $38.78.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.16. The business had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $7.75 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.13% and a net margin of 7.99%. Analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, October 8th. The Goldman Sachs Group downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 26th. Barclays upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, November 24th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Company 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.