Charles Schwab Investment Management Inc. Purchases 20,478 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Charles Schwab Investment Management Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 16.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,505 shares of the bank’s stock after acquiring an additional 20,478 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $2,484,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rothschild Investment LLC bought a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth approximately $29,000. SYSTM Wealth Solutions LLC bought a new position in Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $31,000. Blue Trust Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 251.8% in the second quarter. Blue Trust Inc. now owns 8,587 shares of the bank’s stock valued at $135,000 after buying an additional 6,146 shares in the last quarter. Benjamin F. Edwards & Company Inc. bought a new position in Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $135,000. Finally, Allworth Financial LP lifted its stake in Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after buying an additional 8,037 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $17.89 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. Deutsche Bank Aktiengesellschaft has a 12-month low of $12.43 and a 12-month high of $18.07. The company has a market capitalization of $36.97 billion, a PE ratio of 9.17 and a beta of 1.21. The firm’s 50 day moving average is $17.18 and its 200-day moving average is $16.49.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft 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.