Pitcairn Co. Decreases Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Pitcairn Co. decreased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 11.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 13,002 shares of the bank’s stock after selling 1,715 shares during the period. Pitcairn Co.’s holdings in Deutsche Bank Aktiengesellschaft were worth $225,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DB. Janus Henderson Group PLC boosted its position in Deutsche Bank Aktiengesellschaft by 26.3% during the 1st quarter. Janus Henderson Group PLC now owns 254,215 shares of the bank’s stock worth $4,007,000 after purchasing an additional 52,896 shares during the period. Jane Street Group LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 23.2% in the first quarter. Jane Street Group LLC now owns 1,335,540 shares of the bank’s stock valued at $21,061,000 after buying an additional 251,413 shares in the last quarter. Cetera Advisors LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.2% during the 1st quarter. Cetera Advisors LLC now owns 11,826 shares of the bank’s stock valued at $186,000 after buying an additional 1,001 shares during the period. EverSource Wealth Advisors LLC lifted its position in Deutsche Bank Aktiengesellschaft by 20.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock worth $118,000 after acquiring an additional 1,251 shares in the last quarter. Finally, Aprio Wealth Management LLC grew its position in Deutsche Bank Aktiengesellschaft by 4.3% in the second quarter. Aprio Wealth Management LLC now owns 14,686 shares of the bank’s stock valued at $234,000 after acquiring an additional 604 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Price Performance

Deutsche Bank Aktiengesellschaft stock opened at $16.30 on Thursday. Deutsche Bank Aktiengesellschaft has a 52 week low of $12.09 and a 52 week high of $17.95. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The stock has a 50 day moving average of $17.08 and a 200-day moving average of $16.46.

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.