Wilmington Savings Fund Society FSB Takes $43,000 Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Wilmington Savings Fund Society FSB acquired a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,460 shares of the bank’s stock, valued at approximately $43,000.

Several other large investors also recently added to or reduced their stakes in DB. M&T Bank Corp lifted its holdings in Deutsche Bank Aktiengesellschaft by 18.6% in the third quarter. M&T Bank Corp now owns 14,321 shares of the bank’s stock valued at $248,000 after acquiring an additional 2,241 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $28,515,000. National Bank of Canada FI grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 98.0% during the 3rd quarter. National Bank of Canada FI now owns 21,187 shares of the bank’s stock worth $366,000 after purchasing an additional 10,489 shares during the period. Wellington Management Group LLP increased its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after purchasing an additional 1,686,776 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in Deutsche Bank Aktiengesellschaft by 5.3% in the 3rd quarter. Stifel Financial Corp now owns 56,421 shares of the bank’s stock valued at $977,000 after buying an additional 2,834 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DB shares. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, December 18th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB opened at $16.93 on Monday. 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 company has a market cap of $34.99 billion, a P/E ratio of 8.68 and a beta of 1.21. The stock has a 50-day moving average of $17.16 and a two-hundred day moving average of $16.52. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $18.07.

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.