Stifel Financial Corp Acquires 2,834 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Stifel Financial Corp raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,421 shares of the bank’s stock after acquiring an additional 2,834 shares during the period. Stifel Financial Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $977,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cerity Partners LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 77.2% in the 3rd quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after acquiring an additional 42,860 shares during the last quarter. Achmea Investment Management B.V. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 39.7% during the second quarter. Achmea Investment Management B.V. now owns 121,232 shares of the bank’s stock valued at $1,937,000 after purchasing an additional 34,428 shares in the last quarter. Vanderbilt University bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $525,000. Andra AP fonden acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $1,312,000. Finally, Sienna Gestion bought a new position in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $10,365,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.6 %

Deutsche Bank Aktiengesellschaft stock opened at $17.04 on Tuesday. The firm has a 50 day moving average price of $17.16 and a two-hundred day moving average price of $16.52. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 52-week low of $12.43 and a 52-week high of $18.07. The firm has a market cap of $35.22 billion, a price-to-earnings ratio of 8.74 and a beta of 1.21.

Wall Street Analyst Weigh In

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

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.