Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Bought by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,286,316 shares of the bank’s stock after buying an additional 46,192 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned approximately 0.11% of Deutsche Bank Aktiengesellschaft worth $39,492,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Versant Capital Management Inc bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at $43,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at $135,000. Allworth Financial LP boosted its stake in Deutsche Bank Aktiengesellschaft by 3,738.1% during the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after buying an additional 8,037 shares in the last quarter. Finally, Legacy Capital Group California Inc. acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $195,000. 27.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Up 2.3 %

Shares of NYSE DB opened at $19.90 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. Deutsche Bank Aktiengesellschaft has a 12 month low of $12.43 and a 12 month high of $19.90. The company has a market cap of $39.63 billion, a price-to-earnings ratio of 10.20 and a beta of 1.20. The business has a fifty day simple moving average of $17.52 and a 200-day simple moving average of $16.81.

Deutsche Bank Aktiengesellschaft Company 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.