Envestnet Asset Management Inc. Has $1.16 Million Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Envestnet Asset Management Inc. boosted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Rating) by 113.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,711 shares of the bank’s stock after purchasing an additional 53,476 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,160,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Deutsche Bank Aktiengesellschaft by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 72,468,796 shares of the bank’s stock valued at $536,269,000 after buying an additional 1,820,736 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in Deutsche Bank Aktiengesellschaft by 36.3% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 17,079,045 shares of the bank’s stock valued at $193,860,000 after purchasing an additional 4,548,705 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Deutsche Bank Aktiengesellschaft by 5.5% in the first quarter. Dimensional Fund Advisors LP now owns 6,281,641 shares of the bank’s stock valued at $79,463,000 after purchasing an additional 325,478 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.9% during the third quarter. Russell Investments Group Ltd. now owns 4,199,330 shares of the bank’s stock valued at $31,437,000 after acquiring an additional 76,508 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 14.3% during the third quarter. Canada Pension Plan Investment Board now owns 3,156,667 shares of the bank’s stock valued at $23,645,000 after acquiring an additional 395,494 shares in the last quarter. Institutional investors own 24.67% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Down 1.5 %

DB stock opened at $10.44 on Thursday. Deutsche Bank Aktiengesellschaft has a twelve month low of $7.24 and a twelve month high of $13.57. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.82. The stock has a market cap of $21.58 billion, a P/E ratio of 4.16, a PEG ratio of 0.62 and a beta of 1.33. The business’s 50-day moving average price is $10.46 and its 200-day moving average price is $11.25.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DB shares. StockNews.com initiated coverage on Deutsche Bank Aktiengesellschaft in a research note on Thursday, May 18th. They issued a “buy” rating on the stock. Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “neutral” rating to a “buy” rating in a report on Thursday, May 4th. Finally, Bank of America downgraded Deutsche Bank Aktiengesellschaft from a “neutral” rating to an “underperform” rating in a report on Friday, February 10th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.00.

About Deutsche Bank Aktiengesellschaft

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Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following segments: Corporate Bank, Investment Bank, Private Bank, Asset Management, Capital Release Unit, and Corporate and Other. The Corporate Bank segment includes the global transaction bank as well as the German commercial clients division.