Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company trimmed its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 2.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 809,286 shares of the bank’s stock after selling 17,602 shares during the period. The Manufacturers Life Insurance Company’s holdings in Deutsche Bank Aktiengesellschaft were worth $14,000,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth approximately $29,000. SYSTM Wealth Solutions LLC acquired a new position in Deutsche Bank Aktiengesellschaft in the second quarter worth $31,000. EverSource Wealth Advisors LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 20.5% during the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock worth $118,000 after purchasing an additional 1,251 shares during the period. Allworth Financial LP lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the 3rd quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after buying an additional 8,037 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $135,000. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 4.4 %

Shares of NYSE:DB opened at $17.01 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. The company’s 50-day moving average price is $17.06 and its 200 day moving average price is $16.45. The company has a market cap of $35.16 billion, a PE ratio of 8.72 and a beta of 1.22. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $12.35 and a fifty-two week high of $17.95.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Barclays upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “Moderate Buy”.

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.