Versant Capital Management Inc Makes New $26,000 Investment in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Versant Capital Management Inc bought a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,545 shares of the bank’s stock, valued at approximately $26,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after purchasing an additional 1,686,776 shares in the last quarter. Cerity Partners LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 77.2% in the third quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after buying an additional 42,860 shares during the last quarter. Achmea Investment Management B.V. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 39.7% in the second quarter. Achmea Investment Management B.V. now owns 121,232 shares of the bank’s stock valued at $1,937,000 after acquiring an additional 34,428 shares during the period. Vanderbilt University acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $525,000. Finally, Andra AP fonden purchased a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $1,312,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 0.4 %

Shares of DB stock opened at $17.43 on Wednesday. Deutsche Bank Aktiengesellschaft has a twelve month low of $12.43 and a twelve month high of $18.07. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The business’s 50 day moving average is $17.14 and its two-hundred day moving average is $16.63. The company has a market capitalization of $36.02 billion, a P/E ratio of 8.94 and a beta of 1.20.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus 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.