Fiera Capital Corp raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) by 26.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 236,337 shares of the bank’s stock after acquiring an additional 48,717 shares during the quarter. Fiera Capital Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $9,113,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $32,000. Cary Street Partners Investment Advisory LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 61.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after buying an additional 413 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after purchasing an additional 881 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth approximately $59,000. Finally, Bessemer Group Inc. raised its position in Deutsche Bank Aktiengesellschaft by 157.9% in the third quarter. Bessemer Group Inc. now owns 1,986 shares of the bank’s stock worth $70,000 after acquiring an additional 1,216 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.
Deutsche Bank Aktiengesellschaft Trading Down 0.4%
Shares of DB stock opened at $31.38 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. Deutsche Bank Aktiengesellschaft has a 1 year low of $27.13 and a 1 year high of $40.43. The stock has a fifty day moving average of $31.75 and a two-hundred day moving average of $34.57. The firm has a market capitalization of $60.87 billion, a PE ratio of 8.64, a price-to-earnings-growth ratio of 0.42 and a beta of 0.93.
Analysts Set New Price Targets
A number of research firms recently commented on DB. Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Finally, Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.
Get Our Latest Stock Report on Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Company Profile
Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.
The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.
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