Toth Financial Advisory Corp Sells 18,500 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Toth Financial Advisory Corp reduced its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 73.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,700 shares of the bank's stock after selling 18,500 shares during the quarter. Toth Financial Advisory Corp's holdings in Deutsche Bank Aktiengesellschaft were worth $114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DB. Versant Capital Management Inc bought a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth about $43,000. Allworth Financial LP boosted its position in Deutsche Bank Aktiengesellschaft by 3,738.1% during the third quarter. Allworth Financial LP now owns 8,252 shares of the bank's stock valued at $143,000 after purchasing an additional 8,037 shares during the last quarter. Legacy Capital Group California Inc. bought a new position in Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $195,000. Finally, Contravisory Investment Management Inc. acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $197,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock traded up $0.11 during midday trading on Friday, reaching $20.01. 1,990,103 shares of the company's stock were exchanged, compared to its average volume of 1,212,809. The stock's 50-day simple moving average is $17.58 and its 200 day simple moving average is $16.83. The firm has a market cap of $39.85 billion, a price-to-earnings ratio of 10.26 and a beta of 1.20. 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 52 week low of $12.43 and a 52 week high of $20.08.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Thursday, January 16th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus 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.