Deutsche Bank Aktiengesellschaft (NYSE:DB) Cut to “Hold” at StockNews.com

StockNews.com lowered shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) from a buy rating to a hold rating in a research note published on Tuesday morning.

Separately, Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Down 1.1 %

NYSE:DB opened at $17.69 on Tuesday. The stock has a market cap of $36.56 billion, a price-to-earnings ratio of 9.07 and a beta of 1.21. 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 1 year low of $12.43 and a 1 year high of $18.07. The business has a fifty day moving average of $17.17 and a 200-day moving average of $16.49.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Large investors have recently bought and sold shares of the stock. Rothschild Investment LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at about $29,000. SYSTM Wealth Solutions LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at about $31,000. Wilmington Savings Fund Society FSB bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $43,000. Allworth Financial LP boosted its position in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% during the 3rd 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, Benjamin F. Edwards & Company Inc. bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at about $135,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

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.