Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Position Lowered by XTX Topco Ltd

XTX Topco Ltd lowered its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 46.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,513 shares of the bank’s stock after selling 12,439 shares during the quarter. XTX Topco Ltd’s holdings in Deutsche Bank Aktiengesellschaft were worth $251,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at $29,000. SYSTM Wealth Solutions LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at $31,000. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $135,000. Allworth Financial LP increased its stake in 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 purchasing an additional 8,037 shares in the last quarter. Finally, DRW Securities LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $185,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $17.18 on Thursday. The company has a 50 day simple moving average of $17.19 and a 200-day simple moving average of $16.51. Deutsche Bank Aktiengesellschaft has a 52-week low of $12.43 and a 52-week high of $18.07. 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 has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78.

Analysts Set New Price Targets

A number of research firms recently commented on DB. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday. Barclays raised 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 assigned a buy rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of “Moderate Buy”.

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.