Cerity Partners LLC Purchases New Shares in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Cerity Partners LLC purchased a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DBGet Rating) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,597 shares of the bank’s stock, valued at approximately $241,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DB. Edmond DE Rothschild Holding S.A. raised its position in Deutsche Bank Aktiengesellschaft by 384.8% in the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 2,545 shares of the bank’s stock valued at $33,000 after buying an additional 2,020 shares during the last quarter. Parallel Advisors LLC raised its position in Deutsche Bank Aktiengesellschaft by 47.4% in the 2nd quarter. Parallel Advisors LLC now owns 4,498 shares of the bank’s stock valued at $39,000 after buying an additional 1,446 shares during the last quarter. Lake Street Advisors Group LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $90,000. Private Advisor Group LLC raised its position in Deutsche Bank Aktiengesellschaft by 9.9% in the 2nd quarter. Private Advisor Group LLC now owns 14,580 shares of the bank’s stock valued at $127,000 after buying an additional 1,319 shares during the last quarter. Finally, Signaturefd LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 26.5% during the 1st quarter. Signaturefd LLC now owns 10,487 shares of the bank’s stock valued at $133,000 after purchasing an additional 2,198 shares during the last quarter.

Deutsche Bank Aktiengesellschaft Stock Down 0.6 %

Shares of NYSE DB opened at $10.44 on Tuesday. Deutsche Bank Aktiengesellschaft has a 52 week low of $7.24 and a 52 week high of $16.70. The business has a 50-day simple moving average of $8.97 and a two-hundred day simple moving average of $9.13. The company has a quick ratio of 0.79, a current ratio of 0.72 and a debt-to-equity ratio of 2.06. The company has a market cap of $21.58 billion, a P/E ratio of 6.21, a P/E/G ratio of 0.69 and a beta of 1.41.

Analyst Ratings Changes

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

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.

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

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