Rockefeller Capital Management L.P. decreased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) by 95.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,824 shares of the bank’s stock after selling 208,154 shares during the period. Rockefeller Capital Management L.P.’s holdings in Deutsche Bank Aktiengesellschaft were worth $340,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in DB. Evergreen Capital Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 1.9% during the second quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock worth $452,000 after buying an additional 282 shares during the last quarter. Cresset Asset Management LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 2.4% in the third quarter. Cresset Asset Management LLC now owns 11,955 shares of the bank’s stock valued at $423,000 after purchasing an additional 285 shares during the period. Smartleaf Asset Management LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 2.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 14,636 shares of the bank’s stock valued at $568,000 after purchasing an additional 323 shares during the period. Parallel Advisors LLC raised its position in Deutsche Bank Aktiengesellschaft by 3.2% during the 3rd quarter. Parallel Advisors LLC now owns 11,645 shares of the bank’s stock worth $412,000 after purchasing an additional 359 shares during the last quarter. Finally, Toth Financial Advisory Corp lifted its holdings in Deutsche Bank Aktiengesellschaft by 5.3% during the 4th quarter. Toth Financial Advisory Corp now owns 8,000 shares of the bank’s stock worth $308,000 after buying an additional 400 shares during the period. Institutional investors own 27.90% of the company’s stock.
Deutsche Bank Aktiengesellschaft Stock Up 0.7%
Shares of NYSE DB opened at $37.29 on Tuesday. Deutsche Bank Aktiengesellschaft has a 12-month low of $28.12 and a 12-month high of $40.43. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. The firm has a market cap of $72.35 billion, a PE ratio of 10.29, a P/E/G ratio of 0.49 and a beta of 0.94. The company’s fifty day simple moving average is $32.89 and its 200 day simple moving average is $34.34.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Bank of America set a $43.00 price target on Deutsche Bank Aktiengesellschaft in a research note on Tuesday. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings lowered shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $43.00.
Get Our Latest Report on Deutsche Bank Aktiengesellschaft
About Deutsche Bank Aktiengesellschaft
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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