Plato Investment Management Ltd Makes New Investment in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Plato Investment Management Ltd bought a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 249,557 shares of the bank’s stock, valued at approximately $4,324,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Aprio Wealth Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% in the 2nd 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 grew its holdings in Deutsche Bank Aktiengesellschaft by 9.2% in the first quarter. Cetera Advisors LLC now owns 11,826 shares of the bank’s stock worth $186,000 after purchasing an additional 1,001 shares during the last quarter. Rhumbline Advisers increased its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% during the second quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock worth $478,000 after purchasing an additional 1,230 shares in the last quarter. EverSource Wealth Advisors LLC increased its position 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 in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the 2nd quarter. SG Americas Securities LLC now owns 107,297 shares of the bank’s stock valued at $1,710,000 after purchasing an additional 1,403 shares during the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Down 2.2 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $16.40 on Thursday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s 50 day simple moving average is $17.00 and its 200-day simple moving average is $16.46. Deutsche Bank Aktiengesellschaft has a 1-year low of $11.45 and a 1-year high of $17.95.

Analyst Ratings Changes

Several research firms have recently issued reports on DB. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. 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.