Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DBGet Rating) by 33.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 117,454 shares of the bank’s stock after selling 58,439 shares during the period. Envestnet Asset Management Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,027,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of DB. Edmond DE Rothschild Holding S.A. grew its position in shares of Deutsche Bank Aktiengesellschaft by 384.8% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 2,545 shares of the bank’s stock valued at $33,000 after acquiring an additional 2,020 shares during the period. Parallel Advisors LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 47.4% during the 2nd quarter. Parallel Advisors LLC now owns 4,498 shares of the bank’s stock valued at $39,000 after acquiring an additional 1,446 shares during the period. Lake Street Advisors Group LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at about $90,000. Private Advisor Group LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 9.9% during the 2nd quarter. Private Advisor Group LLC now owns 14,580 shares of the bank’s stock valued at $127,000 after acquiring an additional 1,319 shares during the period. Finally, Shilanski & Associates Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 16.5% during the 2nd quarter. Shilanski & Associates Inc. now owns 16,270 shares of the bank’s stock valued at $142,000 after acquiring an additional 2,304 shares during the period.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DB. StockNews.com initiated coverage on Deutsche Bank Aktiengesellschaft in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. Royal Bank of Canada lifted their price objective on Deutsche Bank Aktiengesellschaft from €11.00 ($11.22) to €11.50 ($11.73) in a report on Tuesday, November 1st. Morgan Stanley lowered their price objective on Deutsche Bank Aktiengesellschaft from €15.00 ($15.31) to €14.00 ($14.29) and set an “equal weight” rating on the stock in a report on Thursday, October 13th. Barclays lifted their price objective on Deutsche Bank Aktiengesellschaft from €11.00 ($11.22) to €11.50 ($11.73) in a report on Monday, November 14th. Finally, Credit Suisse Group lifted their price objective on Deutsche Bank Aktiengesellschaft from €10.00 ($10.20) to €10.50 ($10.71) and gave the stock an “underperform” rating in a report on Thursday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has an average rating of “Hold” and an average price target of $12.96.

Deutsche Bank Aktiengesellschaft Stock Up 1.6 %

DB stock opened at $10.65 on Thursday. The firm has a market cap of $22.01 billion, a PE ratio of 6.34, a PEG ratio of 0.68 and a beta of 1.41. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.79 and a current ratio of 0.72. The firm’s 50 day moving average price is $9.03 and its 200-day moving average price is $9.14. Deutsche Bank Aktiengesellschaft has a one year low of $7.24 and a one year high of $16.70.

Deutsche Bank Aktiengesellschaft Company Profile

(Get Rating)

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.

See Also

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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