Baader Bank Aktiengesellschaft Sells 40,460 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Baader Bank Aktiengesellschaft reduced its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 7.0% during the fourth quarter, HoldingsChannel reports. The firm owned 534,874 shares of the bank’s stock after selling 40,460 shares during the period. Deutsche Bank Aktiengesellschaft comprises 0.6% of Baader Bank Aktiengesellschaft’s portfolio, making the stock its 22nd biggest holding. Baader Bank Aktiengesellschaft’s holdings in Deutsche Bank Aktiengesellschaft were worth $9,217,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 31.2% in the fourth quarter. Blue Trust Inc. now owns 37,492 shares of the bank’s stock worth $649,000 after acquiring an additional 8,907 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its position in Deutsche Bank Aktiengesellschaft by 2.1% in the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock worth $39,492,000 after acquiring an additional 46,192 shares during the period. Atomi Financial Group Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 9.7% during the fourth quarter. Atomi Financial Group Inc. now owns 19,810 shares of the bank’s stock valued at $338,000 after purchasing an additional 1,749 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 168,974 shares of the bank’s stock valued at $2,881,000 after acquiring an additional 2,165 shares during the period. Finally, Ballentine Partners LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 27.6% during the fourth quarter. Ballentine Partners LLC now owns 16,676 shares of the bank’s stock valued at $284,000 after purchasing an additional 3,612 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Trading Up 0.1 %

Shares of DB opened at $20.13 on Thursday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $12.43 and a fifty-two week high of $20.45. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78. The company’s fifty day moving average is $17.77 and its 200 day moving average is $16.91. The stock has a market capitalization of $40.09 billion, a PE ratio of 10.32 and a beta of 1.20.

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.