1,545 Shares in Deutsche Bank Aktiengesellschaft (NYSE:DB) Acquired by Versant Capital Management Inc

Versant Capital Management Inc purchased a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,545 shares of the bank’s stock, valued at approximately $26,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. SYSTM Wealth Solutions LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $31,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $43,000. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $135,000. Allworth Financial LP grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the third 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. Finally, DRW Securities LLC purchased a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth approximately $185,000. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $17.43 on Wednesday. The business has a 50-day simple moving average of $17.14 and a 200-day simple moving average of $16.63. 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 one year low of $12.43 and a one year high of $18.07. The company has a market cap of $36.02 billion, a PE ratio of 8.94 and a beta of 1.20.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About Deutsche Bank Aktiengesellschaft

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.