Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Acquired by Wealthspire Advisors LLC

Wealthspire Advisors LLC lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 55.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,690 shares of the bank’s stock after acquiring an additional 45,849 shares during the quarter. Wealthspire Advisors LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,744,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $41,000. Blue Trust Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 221.4% during the 4th quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock valued at $53,000 after purchasing an additional 2,674 shares during the period. Headlands Technologies LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth $119,000. Callan Capital LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the third quarter worth $118,000. Finally, M&T Bank Corp acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at $148,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DB. Citigroup downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. Erste Group Bank raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Finally, Morgan Stanley raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. Four research 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 company has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded down $0.08 on Thursday, hitting $17.18. The company had a trading volume of 1,328,873 shares, compared to its average volume of 3,345,684. The company has a market cap of $35.51 billion, a PE ratio of 7.48, a PEG ratio of 0.93 and a beta of 1.30. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.80 and a quick ratio of 0.80. Deutsche Bank Aktiengesellschaft has a 52 week low of $9.82 and a 52 week high of $17.95. The business has a 50-day simple moving average of $15.54 and a 200-day simple moving average of $13.66.

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.