Metis Global Partners LLC Has $840,000 Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Metis Global Partners LLC raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 8.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 61,561 shares of the bank’s stock after acquiring an additional 4,892 shares during the quarter. Metis Global Partners LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $840,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DB. M&T Bank Corp acquired a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $148,000. Natixis Advisors L.P. increased its position in Deutsche Bank Aktiengesellschaft by 13.5% during the 4th quarter. Natixis Advisors L.P. now owns 238,966 shares of the bank’s stock valued at $3,237,000 after purchasing an additional 28,387 shares during the period. LGT Group Foundation raised its holdings in Deutsche Bank Aktiengesellschaft by 2.1% during the 4th quarter. LGT Group Foundation now owns 408,729 shares of the bank’s stock worth $5,547,000 after purchasing an additional 8,388 shares during the last quarter. First Trust Direct Indexing L.P. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3.1% in the 4th quarter. First Trust Direct Indexing L.P. now owns 47,242 shares of the bank’s stock worth $640,000 after purchasing an additional 1,423 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 6.5% in the 4th quarter. Russell Investments Group Ltd. now owns 3,779,875 shares of the bank’s stock valued at $51,601,000 after purchasing an additional 230,332 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Down 0.5 %

DB stock opened at $17.18 on Friday. The stock’s 50 day simple moving average is $15.62 and its 200 day simple moving average is $13.68. The company has a market cap of $35.51 billion, a P/E ratio of 7.50, a price-to-earnings-growth ratio of 0.93 and a beta of 1.30. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.80 and a current ratio of 0.80. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $9.82 and a fifty-two week high of $17.95.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DB. Morgan Stanley raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Erste Group Bank raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Finally, Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft 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.