HighTower Advisors LLC Has $187,000 Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

HighTower Advisors LLC cut its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 69.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,847 shares of the bank’s stock after selling 24,383 shares during the quarter. HighTower Advisors LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $187,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rhumbline Advisers grew its holdings in Deutsche Bank Aktiengesellschaft by 4.3% in the 2nd quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock valued at $478,000 after buying an additional 1,230 shares in the last quarter. Ballentine Partners LLC increased its position in Deutsche Bank Aktiengesellschaft by 13.7% during the second quarter. Ballentine Partners LLC now owns 13,158 shares of the bank’s stock worth $210,000 after acquiring an additional 1,590 shares during the period. US Bancorp DE increased its position in Deutsche Bank Aktiengesellschaft by 3.5% during the third quarter. US Bancorp DE now owns 46,587 shares of the bank’s stock worth $806,000 after acquiring an additional 1,590 shares during the period. Crossmark Global Holdings Inc. raised its stake in Deutsche Bank Aktiengesellschaft by 1.3% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 128,905 shares of the bank’s stock worth $2,054,000 after purchasing an additional 1,621 shares in the last quarter. Finally, Rothschild Investment LLC bought a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $29,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Trading Up 0.8 %

DB opened at $17.18 on Thursday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $12.43 and a fifty-two week high of $18.07. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market capitalization of $35.51 billion, a price-to-earnings ratio of 8.81 and a beta of 1.21. The company’s 50 day moving average price is $17.15 and its two-hundred day moving average price is $16.53.

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.