Deutsche Bank Aktiengesellschaft (NYSE:DB) Cut to “Hold” at StockNews.com

StockNews.com cut shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) from a buy rating to a hold rating in a research report released on Thursday morning.

Deutsche Bank Aktiengesellschaft Trading Up 0.0 %

Shares of DB opened at $18.77 on Thursday. The stock has a 50 day simple moving average of $17.22 and a 200-day simple moving average of $16.70. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The stock has a market cap of $37.39 billion, a PE ratio of 9.63 and a beta of 1.20. Deutsche Bank Aktiengesellschaft has a 1 year low of $12.43 and a 1 year high of $18.85.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors and hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc bought a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $26,000. SYSTM Wealth Solutions LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. bought a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth approximately $135,000. Finally, Allworth Financial LP increased its holdings in Deutsche Bank Aktiengesellschaft by 3,738.1% during the 3rd quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after purchasing an additional 8,037 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

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.