Assenagon Asset Management S.A. Buys 29,042 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Assenagon Asset Management S.A. boosted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 31.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120,572 shares of the bank’s stock after purchasing an additional 29,042 shares during the period. Assenagon Asset Management S.A.’s holdings in Deutsche Bank Aktiengesellschaft were worth $2,078,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aprio Wealth Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 28.1% during the 4th quarter. Aprio Wealth Management LLC now owns 19,138 shares of the bank’s stock valued at $326,000 after purchasing an additional 4,197 shares during the period. Versant Capital Management Inc bought a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $43,000. M&T Bank Corp raised its position in Deutsche Bank Aktiengesellschaft by 18.6% in the third quarter. M&T Bank Corp now owns 14,321 shares of the bank’s stock worth $248,000 after acquiring an additional 2,241 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $28,515,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 0.8 %

Deutsche Bank Aktiengesellschaft stock opened at $19.46 on Thursday. Deutsche Bank Aktiengesellschaft has a 12-month low of $12.43 and a 12-month high of $19.65. The firm has a market capitalization of $38.76 billion, a price-to-earnings ratio of 9.98 and a beta of 1.20. The firm has a 50 day moving average of $17.45 and a 200 day moving average of $16.79. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

View Our Latest Research Report on Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft Company Profile

(Free Report)

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.

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

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