Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 48.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,983,811 shares of the bank’s stock after selling 1,834,217 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $34,340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DB. Rothschild Investment LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $29,000. SYSTM Wealth Solutions LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $31,000. Blue Trust Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 251.8% during the second quarter. Blue Trust Inc. now owns 8,587 shares of the bank’s stock worth $135,000 after acquiring an additional 6,146 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $135,000. Finally, Allworth Financial LP grew its position in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% during the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after acquiring an additional 8,037 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE:DB opened at $17.48 on Thursday. The firm’s fifty day moving average price is $17.08 and its 200 day moving average price is $16.44. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.35 and a 1-year high of $17.95. 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

A number of equities analysts have recently issued reports on the stock. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on Deutsche Bank Aktiengesellschaft

About Deutsche Bank Aktiengesellschaft

(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.

Featured Stories

Want to see what other hedge funds are holding DB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report).

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

Receive News & Ratings for Deutsche Bank Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Bank Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.