Lake Street Advisors Group LLC Has $121,000 Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Lake Street Advisors Group LLC lifted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 12.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,439 shares of the bank’s stock after purchasing an additional 1,227 shares during the period. Lake Street Advisors Group LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $121,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. CWM LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 33.6% during the first quarter. CWM LLC now owns 5,011 shares of the bank’s stock worth $51,000 after buying an additional 1,261 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $76,000. FNY Investment Advisers LLC increased its stake in Deutsche Bank Aktiengesellschaft by 39.6% in the second quarter. FNY Investment Advisers LLC now owns 9,000 shares of the bank’s stock valued at $94,000 after purchasing an additional 2,551 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth $104,000. Finally, HighTower Advisors LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $104,000. 21.91% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 3.0 %

Shares of NYSE:DB traded up $0.35 during midday trading on Friday, reaching $12.20. 2,675,778 shares of the company were exchanged, compared to its average volume of 3,344,848. The firm has a market cap of $25.21 billion, a PE ratio of 5.06, a P/E/G ratio of 0.70 and a beta of 1.27. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $8.85 and a fifty-two week high of $13.57. The stock has a fifty day simple moving average of $10.87 and a two-hundred day simple moving average of $10.73. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.57.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Wednesday, October 25th. The bank reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.08. The firm had revenue of $7.76 billion for the quarter, compared to the consensus estimate of $7.49 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 4.37% and a net margin of 7.96%. As a group, sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Friday, October 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “Hold” and an average price target of $14.50.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.