National Bank of Canada FI Raises Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

National Bank of Canada FI raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 98.0% during the third quarter, HoldingsChannel reports. The firm owned 21,187 shares of the bank’s stock after purchasing an additional 10,489 shares during the period. National Bank of Canada FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $366,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legal & General Group Plc increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 8,267.7% in the second quarter. Legal & General Group Plc now owns 20,181,236 shares of the bank’s stock valued at $322,438,000 after purchasing an additional 19,940,056 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 31,975.7% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank’s stock worth $91,042,000 after acquiring an additional 5,275,992 shares during the period. Marshall Wace LLP boosted its position in shares of Deutsche Bank Aktiengesellschaft by 102.7% during the 2nd quarter. Marshall Wace LLP now owns 4,778,014 shares of the bank’s stock valued at $76,353,000 after acquiring an additional 2,420,905 shares during the last quarter. Liontrust Investment Partners LLP raised its stake in Deutsche Bank Aktiengesellschaft by 5.9% during the second quarter. Liontrust Investment Partners LLP now owns 4,718,214 shares of the bank’s stock worth $75,386,000 after purchasing an additional 261,467 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock worth $44,042,000 after buying an additional 483,788 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 1.2 %

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. The firm has a market cap of $36.97 billion, a P/E ratio of 9.17 and a beta of 1.21. Deutsche Bank Aktiengesellschaft has a 52 week low of $12.43 and a 52 week high of $18.07. The business has a fifty day simple moving average of $17.18 and a 200-day simple moving average of $16.49.

Analysts Set New Price Targets

DB has been the subject of several analyst reports. Barclays upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average 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.