Charles Schwab Investment Management Inc. Grows Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Charles Schwab Investment Management Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 16.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 143,505 shares of the bank’s stock after buying an additional 20,478 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $2,484,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $29,000. SYSTM Wealth Solutions LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter worth approximately $31,000. Blue Trust Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft by 251.8% in 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 in the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $135,000. Finally, Allworth Financial LP grew its position in Deutsche Bank Aktiengesellschaft by 3,738.1% during 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. 27.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on DB. StockNews.com downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $17.89 on Monday. The firm has a fifty day simple moving average of $17.18 and a 200-day simple moving average of $16.49. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $18.07. The stock has a market capitalization of $36.97 billion, a price-to-earnings ratio of 9.17 and a beta of 1.21.

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.