Vanderbilt University Buys New Shares in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Vanderbilt University purchased a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,351 shares of the bank’s stock, valued at approximately $525,000.

Other large investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 37.2% in the 1st quarter. Park Avenue Securities LLC now owns 19,591 shares of the bank’s stock valued at $309,000 after acquiring an additional 5,317 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its holdings in Deutsche Bank Aktiengesellschaft by 10.4% in the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,620,402 shares of the bank’s stock valued at $25,519,000 after purchasing an additional 152,498 shares during the last quarter. First Trust Direct Indexing L.P. grew its position in Deutsche Bank Aktiengesellschaft by 1.3% during the 1st quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank’s stock worth $755,000 after purchasing an additional 630 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Deutsche Bank Aktiengesellschaft by 79.7% during the 1st quarter. BNP Paribas Financial Markets now owns 445,488 shares of the bank’s stock valued at $7,025,000 after buying an additional 197,517 shares during the last quarter. Finally, Callan Capital LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 79.3% in the first quarter. Callan Capital LLC now owns 30,529 shares of the bank’s stock worth $481,000 after buying an additional 13,506 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded up $0.21 during trading hours on Monday, reaching $17.05. The company’s stock had a trading volume of 336,544 shares, compared to its average volume of 2,387,236. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.78 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 1-year low of $10.91 and a 1-year high of $17.95. The company’s 50-day moving average is $16.77 and its two-hundred day moving average is $16.39. The firm has a market capitalization of $35.24 billion, a price-to-earnings ratio of 7.35 and a beta of 1.21.

Wall Street Analyst Weigh In

DB has been the subject of several recent research reports. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, October 7th. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a 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 stock 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.