Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Bought by Kathmere Capital Management LLC

Kathmere Capital Management LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 15.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,036 shares of the bank’s stock after purchasing an additional 2,233 shares during the quarter. Kathmere Capital Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $290,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth $26,000. SYSTM Wealth Solutions LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at about $31,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the third quarter worth about $43,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth about $135,000. Finally, Allworth Financial LP boosted its position in Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after buying an additional 8,037 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB opened at $18.77 on Friday. The firm has a market capitalization of $37.39 billion, a P/E ratio of 9.63 and a beta of 1.20. The stock has a 50-day simple moving average of $17.22 and a two-hundred day simple moving average of $16.70. 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 fifty-two week low of $12.43 and a fifty-two week high of $18.85.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Thursday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Hold”.

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.