Park Avenue Securities LLC Boosts Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Park Avenue Securities LLC raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 5.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,083 shares of the bank’s stock after purchasing an additional 1,113 shares during the period. Park Avenue Securities LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $394,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Rhumbline Advisers grew its stake in Deutsche Bank Aktiengesellschaft by 4.3% in the second quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock worth $478,000 after purchasing an additional 1,230 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Deutsche Bank Aktiengesellschaft by 66.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 221,966 shares of the bank’s stock worth $3,538,000 after buying an additional 88,644 shares during the last quarter. Blair William & Co. IL acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth approximately $368,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $135,000. Finally, Bank of Montreal Can raised its position in shares of Deutsche Bank Aktiengesellschaft by 5.0% during the 2nd quarter. Bank of Montreal Can now owns 918,022 shares of the bank’s stock valued at $14,991,000 after acquiring an additional 44,130 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.5 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $20.01 on Friday. Deutsche Bank Aktiengesellschaft has a twelve month low of $12.43 and a twelve month high of $20.08. The stock 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 current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The business’s 50 day simple moving average is $17.58 and its 200-day simple moving average is $16.83.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.