Atlas Capital Advisors Inc. Takes $880,000 Position in Deutsche Bank Aktiengesellschaft $DB

Atlas Capital Advisors Inc. purchased a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,816 shares of the bank’s stock, valued at approximately $880,000.

Several other large investors have also made changes to their positions in DB. Triumph Capital Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at $32,000. Cary Street Partners Investment Advisory LLC lifted its stake in shares of 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 valued at $38,000 after acquiring an additional 413 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after acquiring an additional 881 shares during the period. Advisory Services Network LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at $59,000. Finally, Bessemer Group Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 157.9% during the third quarter. Bessemer Group Inc. now owns 1,986 shares of the bank’s stock valued at $70,000 after acquiring an additional 1,216 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DB shares. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Finally, Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.0%

Shares of Deutsche Bank Aktiengesellschaft stock opened at $33.30 on Monday. Deutsche Bank Aktiengesellschaft has a 1 year low of $27.13 and a 1 year high of $40.43. The business has a 50-day moving average of $31.98 and a two-hundred day moving average of $34.52. The company has a market capitalization of $64.59 billion, a P/E ratio of 9.17, a price-to-earnings-growth ratio of 0.45 and a beta of 0.93. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74.

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, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The company had revenue of $10.04 billion during the quarter, compared to the consensus estimate of $9.85 billion. As a group, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 4.01 EPS for the current year.

Deutsche Bank Aktiengesellschaft Company 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.