Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Position Trimmed by Atria Investments Inc

Atria Investments Inc decreased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 19.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 35,855 shares of the bank’s stock after selling 8,882 shares during the quarter. Atria Investments Inc’s holdings in Deutsche Bank Aktiengesellschaft were worth $621,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Rothschild Investment LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at $29,000. SYSTM Wealth Solutions LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at $31,000. EverSource Wealth Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 20.5% in the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock valued at $118,000 after buying an additional 1,251 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 251.8% in the 2nd quarter. Blue Trust Inc. now owns 8,587 shares of the bank’s stock worth $135,000 after acquiring an additional 6,146 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at $135,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB stock opened at $16.79 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. Deutsche Bank Aktiengesellschaft has a twelve month low of $12.05 and a twelve month high of $17.95. The company has a market cap of $34.70 billion, a P/E ratio of 8.61 and a beta of 1.22. The business has a fifty day simple moving average of $17.04 and a 200 day simple moving average of $16.48.

Wall Street Analyst Weigh In

Several brokerages have commented on DB. 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 raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft 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.