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STX:DBK, Jan 22, 05:40 UTC

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Social Chatter

Deutsche Bank AG (STX:DBK) social chatter is higher than usual

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russian government bank deposited $500 million into deutsche bank subsidiary as it lent to trump #trumpdeutschebankloans

Tuesday, January 14


News

Alphabet price target boosted to 1735 at Deutsche Bank

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Alphabet price target boosted to $1,735 at Deutsche Bank. Deutsche Bank analyst Lloyd Walmsley came out increasingly bullish on Alphabet Inc.'s stcok [: googl] goog-0.37% raising his price target to $1,750, which is the second highest target listed on FactSet, below the $1,907.73 set by Elazar Advisors. The company is set to report holiday-quarter earnings on Feb. 3, and Walmsley expects that the company won't see any deceleration on a sequential basis in the quarter even though it faces slightly tougher comparisons. "The key medium term focal point this quarter will be any signs of a more shareholder friendly approach under the new leadership with Sundar Pichai taking over the Alphabet CEO job," he wrote.

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Monday, January 13


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Equities positioning highest in two years, very stretched - Deutsche Bank

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NEW YORK (Reuters) - Optimistic investors betting on a bounce in global growth have the greatest exposure to equities in two years, a Deutsche Bank report said, noting a similar positioning a month before a sharp reversal in February 2018. Systematic strategies have boosted their equity exposure, with stock allocations at strategies including volatility control, commodity trading advisors (CTAs) and risk parity, near historical highs, the report said. The last time systematic strategies were this bullish on equities was in January 2018, shortly before U.S. stock markets experienced a sharp reversal on worries about higher U.S. interest rates, Deutsche Bank data showed. Several other metrics, including rising equity futures bets by asset managers and leveraged funds, bullish stance in equity options and a low level of short interest in single stocks, point to "stretched positioning" in equities, the report said.

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Monday, January 06


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Apple is 'unlikely' to repeat its 89% leap from 2019 in the new year, Deutsche Bank says

AAPL DBK

Apple's fundamentals "are likely to come in stronger" than Wall Street's current expectations, the analysts wrote, but uncertainties around 2020 iPhone demand, tariff risk, and a lofty valuation will keep shares from a continued surge. Strong iPhone 11 sales and growth in its wearables business fueled the massive run-up, and while DB expects strength to continue through 2020, the analysts caution that the stock will "normalize at a higher valuation." "In our view, such a setup bodes poorly for investors who consider what to do with their AAPL holdings from present levels, as the stock is unlikely to come close to repeating last year's returns," analysts Jeriel Ong and Ross Seymore wrote. The firm maintained its "hold" rating on Apple stock, noting that risks sourced from its "sharp valuation expansion" are now balanced with "potential reward." Even though DB raised its price target to $280 from $235, the new level still implies a 6.5% tumble over the next 12 months.

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Friday, January 03


Social Chatter

Deutsche Bank AG (STX:DBK) social chatter is higher than usual

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breaking: a deutsche bank whistleblower has told the fbi that the russian state-owned bank vtb underwrote trump's loans:

Monday, December 23


News

Deutsche Bank to no longer pay for advice from Cerberus- source

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(Reuters) - Cerberus, one of Deutsche Bank's (DBKGn.DE) largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge of the matter said on Monday, a role that has been criticised for potential conflicts of interest. The following year, Cerberus' consulting arm also began advising the bank on how to cut costs and find new sources of revenue, for which Deutsche paid fees. A Deutsche Bank spokesman said Cerberus' advisory business "has been a great support since mid-2018 and helped us to get our deep transformation going. Now it is all about execution." "We remain confident in his team's ability to execute on the restructuring plan to improve the bank's financial and operating performance." As a Deutsche Bank shareholder, Cerberus had pushed for a merger with Commerzbank (CBKG.DE), in which it has a 5% stake, people familiar with the matter have said.

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Tuesday, December 17


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Vulcan Materials (NYSE:VMC) Research Coverage Started at Deutsche Bank – TechNewsObserver

DBK VMC

Equities researchers at Deutsche Bank began coverage on shares of Vulcan Materials (NYSE:VMC) in a research note issued on Wednesday, November 20th, MarketBeat reports. The stock has a market capitalization of $18.93 billion, a P/E ratio of 35.15, a PEG ratio of 1.62 and a beta of 0.89. In other Vulcan Materials news, insider Fehlberg Barry 1,000,000 shares of the company’s stock in a transaction on Tuesday, November 26th. FinTrust Capital Advisors LLC now owns 244 shares of the construction company’s stock valued at $33,000 after acquiring an additional 141 shares in the last quarter.

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Monday, December 16


News

Deutsche Bank (DB) Likely to Slash 2019 Bonus Pool by 20%

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This amount was lower than the €2.3 billion paid in 2017, but significantly higher than the €546 million paid a year earlier.Representatives for Deutsche Bank refrained from commenting on the matter.Management plans to distribute bonus accordingly to retain talent considered to be more promising with the aim of recording cost cuts of around $6 billion over the next few years. Notably, to fulfill the target, Sewing is working toward reviving the securities unit to restore profitability.The division’s revenue recorded 11% decline in the first nine months of 2019, while pretax profit slumped 47%. However, per Sewing, “momentum” in the unit has been on an upswing and improvement in trading conditions is likely in the ongoing quarter.Earlier last week, at its “Investor Deep Dive”, Sewing reported the progress on the bank’s transformation strategy. This move follows the bank’s progress since the first SREP assessment in 2016 and the 2019 Supervisory Review and Evaluation Process (SREP). Notably, the bank has implemented various steps, including selling off unwanted assets, cutting costs and lowering the key capital requirement.Despite various strategies, Deutsche Bank’s profitability remains threatened by its involvement in persistent legal hassles and low-rate environment in the domestic economy, which is straining lending revenues, impacting investment banking businesses.

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Saturday, December 14


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British American Tobacco Plc Ads (LON:BATS) Receives Buy Rating from Deutsche Bank – TechNewsObserver

DBK BATS

British American Tobacco Plc Ads (LON:BATS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a note issued to investors on Thursday, November 28th, Borsen Zeitung reports. The company presently has an average rating of “Hold” and a consensus target price of GBX 3,566.07 ($46.91). British American Tobacco Plc Ads has a one year low of GBX 116.50 ($1.53) and a one year high of GBX 3,222 ($42.38). The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Camel, Natural American Spirit, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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Friday, December 13


News

Is Deutsche Bank AG (DB) Going to Burn These Hedge Funds?

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Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The stats were even worse in recent years when most of the advances in the market were due to large gains by FAANG stocks. However, one bright side for individual investors was the strong performance of hedge funds' top consensus picks. Thus, we can see that the tireless research and efforts of hedge funds to identify winning stocks can work to our advantage when we know how to use the data. While not all of their picks will be winners, our odds are much better following their best stock picks than trying to go it alone. Our research has shown that hedge funds' large-cap stock picks indeed failed to beat the market between 1999 and 2016. However, we were able to identify in advance a select group of hedge fund holdings that outperformed the Russell 2000 ETFs by 40 percentage points since May 2014 (see the details here).

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