Ritholtz Wealth Management Has $2.77 Million Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Ritholtz Wealth Management lifted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 162,545 shares of the bank's stock after acquiring an additional 15,917 shares during the quarter. Ritholtz Wealth Management's holdings in Deutsche Bank Aktiengesellschaft were worth $2,771,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of DB. Legal & General Group Plc boosted its stake in Deutsche Bank Aktiengesellschaft by 8,267.7% in the 2nd quarter. Legal & General Group Plc now owns 20,181,236 shares of the bank's stock worth $322,438,000 after purchasing an additional 19,940,056 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in shares of Deutsche Bank Aktiengesellschaft by 31,975.7% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank's stock worth $91,042,000 after buying an additional 5,275,992 shares during the period. Marshall Wace LLP grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 102.7% during the second quarter. Marshall Wace LLP now owns 4,778,014 shares of the bank's stock valued at $76,353,000 after buying an additional 2,420,905 shares in the last quarter. Wellington Management Group LLP raised its position in Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank's stock valued at $37,964,000 after buying an additional 1,686,776 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $28,515,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 1.7 %

Shares of NYSE:DB traded up $0.32 during trading on Friday, reaching $19.09. 1,048,849 shares of the company traded hands, compared to its average volume of 976,150. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $19.14. 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 firm has a market cap of $38.02 billion, a P/E ratio of 9.79 and a beta of 1.20. The firm has a fifty day simple moving average of $17.30 and a 200 day simple moving average of $16.74.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft 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.