MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Acquires 46,192 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,286,316 shares of the bank's stock after acquiring an additional 46,192 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned 0.11% of Deutsche Bank Aktiengesellschaft worth $39,492,000 as of its most recent SEC filing.

A number of other institutional investors and 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 valued at $322,438,000 after buying an additional 19,940,056 shares in the last quarter. Commerzbank Aktiengesellschaft FI grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 31,975.7% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank's stock worth $91,042,000 after purchasing an additional 5,275,992 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Deutsche Bank Aktiengesellschaft by 23.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank's stock worth $44,042,000 after purchasing an additional 483,788 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank's stock valued at $37,964,000 after purchasing an additional 1,686,776 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Deutsche Bank Aktiengesellschaft in the third quarter valued at about $28,515,000. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 0.5 %

DB stock traded up $0.11 during midday trading on Friday, reaching $20.01. The stock had a trading volume of 1,990,103 shares, compared to its average volume of 1,735,325. The firm has a market cap of $39.85 billion, a price-to-earnings ratio of 10.26 and a beta of 1.20. Deutsche Bank Aktiengesellschaft has a twelve month low of $12.43 and a twelve month high of $20.08. 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 business has a fifty day simple moving average of $17.58 and a two-hundred day simple moving average of $16.83.

Analyst Ratings Changes

Separately, StockNews.com lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Thursday, January 16th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of "Hold".

About Deutsche Bank Aktiengesellschaft

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.