Public Sector Pension Investment Board Boosts Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Public Sector Pension Investment Board raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 17.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,230,898 shares of the bank’s stock after acquiring an additional 186,277 shares during the period. Public Sector Pension Investment Board’s holdings in Deutsche Bank Aktiengesellschaft were worth $21,290,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Aprio Wealth Management LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 4.3% during the second quarter. Aprio Wealth Management LLC now owns 14,686 shares of the bank’s stock worth $234,000 after buying an additional 604 shares during the last quarter. Cetera Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 9.2% during the first quarter. Cetera Advisors LLC now owns 11,826 shares of the bank’s stock worth $186,000 after buying an additional 1,001 shares during the period. Rhumbline Advisers grew its position 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 acquiring an additional 1,230 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 20.5% in the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock valued at $118,000 after purchasing an additional 1,251 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the second quarter. SG Americas Securities LLC now owns 107,297 shares of the bank’s stock worth $1,710,000 after acquiring an additional 1,403 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB opened at $16.30 on Thursday. Deutsche Bank Aktiengesellschaft has a 52-week low of $12.09 and a 52-week high of $17.95. 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 stock has a 50 day moving average price of $17.08 and a 200 day moving average price of $16.46.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DB. 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 raised shares of 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. According to MarketBeat, the company currently 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.