Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Position Raised by Wellington Management Group LLP

Wellington Management Group LLP lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 332.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,194,855 shares of the bank’s stock after acquiring an additional 1,686,776 shares during the period. Wellington Management Group LLP owned about 0.11% of Deutsche Bank Aktiengesellschaft worth $37,964,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DB. Cerity Partners LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 77.2% in the third quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after acquiring an additional 42,860 shares during the last quarter. Achmea Investment Management B.V. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 39.7% during the 2nd quarter. Achmea Investment Management B.V. now owns 121,232 shares of the bank’s stock worth $1,937,000 after acquiring an additional 34,428 shares during the period. Vanderbilt University bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $525,000. Andra AP fonden acquired a new position in Deutsche Bank Aktiengesellschaft in the second quarter valued at about $1,312,000. Finally, Sienna Gestion acquired a new position in Deutsche Bank Aktiengesellschaft in the second quarter worth $10,365,000. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on DB. StockNews.com lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Tuesday. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Down 1.1 %

NYSE DB opened at $17.69 on Friday. Deutsche Bank Aktiengesellschaft has a twelve month low of $12.43 and a twelve month high of $18.07. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. The company has a market cap of $36.56 billion, a price-to-earnings ratio of 9.07 and a beta of 1.21. The business’s fifty day moving average is $17.17 and its 200 day moving average is $16.49.

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.