WINTON GROUP Ltd acquired a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,300 shares of the bank’s stock, valued at approximately $652,000.
A number of other institutional investors also recently bought and sold shares of DB. GAMMA Investing LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 51.6% during the second quarter. GAMMA Investing LLC now owns 814 shares of the bank’s stock worth $27,000 after buying an additional 277 shares during the period. GHP Investment Advisors Inc. acquired a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at about $64,000. Caitong International Asset Management Co. Ltd raised its stake in Deutsche Bank Aktiengesellschaft by 22,576.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,948 shares of the bank’s stock valued at $114,000 after acquiring an additional 2,935 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $164,000. Finally, Allworth Financial LP grew its stake in shares of Deutsche Bank Aktiengesellschaft by 28.3% in the 4th quarter. Allworth Financial LP now owns 4,330 shares of the bank’s stock valued at $167,000 after purchasing an additional 954 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.
Deutsche Bank Aktiengesellschaft Stock Down 2.8%
DB opened at $39.35 on Tuesday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.72 and a quick ratio of 0.72. Deutsche Bank Aktiengesellschaft has a 12 month low of $28.12 and a 12 month high of $41.62. The stock has a market capitalization of $76.34 billion, a P/E ratio of 10.49, a P/E/G ratio of 0.56 and a beta of 0.96. The business has a 50 day simple moving average of $37.81 and a 200-day simple moving average of $34.19.
Analyst Ratings Changes
Several equities research analysts have recently commented on DB shares. Zacks Research upgraded Deutsche Bank Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 27th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 1st. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 20th. Finally, Keefe, Bruyette & Woods raised shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.00.
Read Our Latest Stock Analysis on DB
About Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft is a Germany-based global financial services company headquartered in Frankfurt. Founded in 1870 in Berlin, the bank provides banking and investment services to corporations, institutions, governments, small and medium-sized businesses, and private clients across Europe and other international markets.
The company’s principal businesses include Corporate Bank, Investment Bank, Private Bank and Asset Management. Its services include transaction banking, cash management, trade finance, lending, investment banking, securities sales and trading, foreign exchange, research, wealth management, retail banking and private banking.
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