Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Holdings Lifted by Ballentine Partners LLC

Ballentine Partners LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 27.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,676 shares of the bank’s stock after acquiring an additional 3,612 shares during the quarter. Ballentine Partners LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $284,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legal & General Group Plc increased its stake in Deutsche Bank Aktiengesellschaft by 8,267.7% in the 2nd quarter. Legal & General Group Plc now owns 20,181,236 shares of the bank’s stock worth $322,438,000 after purchasing an additional 19,940,056 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 31,975.7% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank’s stock worth $91,042,000 after buying an additional 5,275,992 shares during the period. Wellington Management Group LLP increased its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% in the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after acquiring an additional 1,686,776 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $28,515,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 329,898.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 699,597 shares of the bank’s stock worth $12,101,000 after purchasing an additional 699,385 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $20.01 on Friday. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market capitalization of $39.85 billion, a price-to-earnings ratio of 10.26 and a beta of 1.20. The company has a 50 day simple moving average of $17.58 and a 200-day simple moving average of $16.83. Deutsche Bank Aktiengesellschaft has a 52-week low of $12.43 and a 52-week high of $20.08.

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.