Sanctuary Advisors LLC Purchases Shares of 61,124 Deutsche Bank Aktiengesellschaft (NYSE:DB)

Sanctuary Advisors LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 61,124 shares of the bank's stock, valued at approximately $974,000.

Other institutional investors and hedge funds have also modified their holdings of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of Deutsche Bank Aktiengesellschaft by 30.8% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,559,579 shares of the bank's stock worth $185,233,000 after buying an additional 3,196,091 shares during the last quarter. QRG Capital Management Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 14.1% in the second quarter. QRG Capital Management Inc. now owns 339,611 shares of the bank's stock valued at $5,413,000 after purchasing an additional 42,017 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its stake in Deutsche Bank Aktiengesellschaft by 10.4% in the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,620,402 shares of the bank's stock valued at $25,519,000 after purchasing an additional 152,498 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in Deutsche Bank Aktiengesellschaft by 14.7% in the first quarter. Canada Pension Plan Investment Board now owns 4,089,532 shares of the bank's stock valued at $64,404,000 after purchasing an additional 524,175 shares in the last quarter. Finally, Jupiter Asset Management Ltd. increased its stake in Deutsche Bank Aktiengesellschaft by 136.2% in the first quarter. Jupiter Asset Management Ltd. now owns 816,911 shares of the bank's stock valued at $12,865,000 after purchasing an additional 470,987 shares in the last quarter. 27.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on DB. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, September 3rd. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Monday, October 7th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Up 1.0 %

Shares of DB stock traded up $0.18 during trading hours on Friday, hitting $17.77. 1,132,491 shares of the company were exchanged, compared to its average volume of 2,430,699. The business has a 50 day moving average of $16.21 and a two-hundred day moving average of $16.28. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a 52 week low of $10.00 and a 52 week high of $17.95. The company has a market capitalization of $36.17 billion, a PE ratio of 10.64 and a beta of 1.21.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The bank reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.90). Deutsche Bank Aktiengesellschaft had a return on equity of 4.63% and a net margin of 5.58%. The company had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $8.18 billion.

About Deutsche Bank Aktiengesellschaft

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.