Canada Pension Plan Investment Board decreased its holdings in Deutsche Bank AG (NYSE:DB) by 56.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 483,084 shares of the bank’s stock after selling 620,360 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Deutsche Bank AG were worth $8,355,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DB. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Deutsche Bank AG by 83.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 6,132 shares of the bank’s stock worth $109,000 after buying an additional 2,793 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new position in shares of Deutsche Bank AG in the second quarter worth approximately $130,000. Sei Investments Co. boosted its holdings in shares of Deutsche Bank AG by 49.9% in the second quarter. Sei Investments Co. now owns 8,278 shares of the bank’s stock worth $147,000 after buying an additional 2,757 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Deutsche Bank AG by 1.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 11,065 shares of the bank’s stock worth $197,000 after buying an additional 202 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Deutsche Bank AG in the second quarter worth approximately $206,000. 22.44% of the stock is currently owned by institutional investors.

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A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Deutsche Bank AG from a “strong sell” rating to a “hold” rating in a report on Monday, November 6th. DZ Bank AG reaffirmed a “buy” rating on shares of Deutsche Bank AG in a report on Thursday, October 26th. ValuEngine raised shares of Deutsche Bank AG from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. HSBC Holdings plc raised shares of Deutsche Bank AG from a “reduce” rating to a “hold” rating and set a $14.00 price target on the stock in a report on Thursday, September 21st. Finally, Keefe, Bruyette & Woods raised shares of Deutsche Bank AG from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 12th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $18.21.

Shares of Deutsche Bank AG (DB) opened at $17.94 on Friday. The stock has a market cap of $37,077.91, a P/E ratio of 12.04 and a beta of 1.37. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.35. Deutsche Bank AG has a 1 year low of $15.09 and a 1 year high of $20.94.

Deutsche Bank AG Profile

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Institutional Ownership by Quarter for Deutsche Bank AG (NYSE:DB)

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