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Manufacturers’ Life Insurance Company reduced its stake in Deutsche Bank (NYSE:DB – Get Rating) stock by 4.4% in the third quarter, according to its latest disclosure to the SEC. The company owned 884,966 bank shares after selling his 40,366 shares during this period. The Deutsche Bank Aktiengesellschaft holdings held by Manufacturers’ Life Insurance Company were valued at $6,641,000 at the time of the most recent SEC filing.
Other hedge funds are also buying and selling shares in the company. Brinker Capital Investments LLC increased its stake in Deutsche Bank Aktiengesellschaft by 2.2% in the third quarter. Brinker Capital Investments LLC now owns 59,590 bank shares worth $441,000 after acquiring an additional 1,280 shares during this period. Private Advisor Group LLC increased its stake in Deutsche Bank Aktiengesellschaft by 9.9% in the second quarter. Private Advisor Group LLC now owns 14,580 bank shares worth $127,000 after purchasing an additional 1,319 of his shares last quarter. Parallel Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 47.4% in the second quarter. Parallel Advisors LLC now owns 4,498 shares of bank stock valued at $39,000 after purchasing an additional 1,446 shares during the previous quarter. Shilanski & Associates Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 16.5% in the second quarter. Shilanski & Associates Inc. now owns 16,270 shares of the bank worth $142,000 after purchasing an additional 2,304 shares in the previous quarter. Finally, Mariner LLC increased its stake in Deutsche Bank Aktiengesellschaft by 6.9% in the first quarter. Mariner LLC now owns 36,139 shares of bank stock valued at $457,000 after purchasing an additional 2,317 shares during the previous quarter. Institutional investors own 24.67% of the company’s shares.
Deutsche Bank trading up 0.9%
NYSE DB shares opened at $13.43 on Monday. The company has a debt to equity ratio of 2.06, a quick ratio of 0.79 and a current ratio of 0.72. His 50-day moving average price for this business is $11.56 and his 200-day moving average price is $9.75. The Deutsche Bank Aktiengesellschaft hit a 52-week low of $7.24 and a 52-week high of $16.70. The company has a market capitalization of $27.76 billion, a price/earnings ratio of 7.99, a PEG ratio of 0.78, and a beta of 1.33.
Analyst Rating Change
A number of equity analysts have recently commented on the company. Royal Bank of Canada upgraded Deutsche Bank Aktien Gesellschaft from a ‘sector perform’ rating to an ‘outperform’ rating and set a price target of $14.00 in a research note on Friday 25 November. Barclays increased its price target for Deutsche Bank Aktiengesellschaft from €11.00 ($11.96) to €11.50 ($12.50) in a research note on Monday 14 November. JPMorgan Chase & Co. has raised its share price target for Deutsche Bank Aktiengesellschaft to 15.00 euros ($16.30) from 13.00 euros ($14.13), giving the company an “overweight” in a research note on Tuesday, Dec. 6. gave a rating. Credit Suisse Group raised its price target on Deutsche Bank Aktiengesellschaft from €10.00 ($10.87) to €10.50 ($11.41) in a research report on Thursday, October 27, giving the company an “underperforming” rating. rice field. Finally, Morgan Stanley lowered Deutsche Bank Aktiengesellschaft’s price target from 15.00 euros ($16.30) to 14.00 euros ($15.22) in a research report on Thursday, October 13, giving the stock an “equal weight” rating. has been set. One analyst gave a sell rating, four assigned a hold rating, and five assigned a buy rating. Based on MarketBeat.com data, the company’s current consensus rating is Hold, with an average target price of $13.81.
About Deutsche Bank
(get rating)
Deutsche Bank AG is engaged in the provision of corporate banking and investment services. It operates through the Corporate Bank, Investment Bank, Private Bank, Asset Management, Capital Release Units, Corporate and Other segments. The Corporate Bank segment includes the Global Transaction Bank and the German Commercial Customers Division.
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