Deutsche Bank Aktiengesellschaft (NYSE:DB) Downgraded by StockNews.com to "Hold"

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.

Separately, Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, September 3rd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB traded up $0.11 during mid-day trading on Friday, reaching $17.05. The company's stock had a trading volume of 1,810,617 shares, compared to its average volume of 2,380,488. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The stock has a market cap of $34.62 billion, a P/E ratio of 8.74 and a beta of 1.21. The firm's fifty day moving average price is $16.88 and its two-hundred day moving average price is $16.43. Deutsche Bank Aktiengesellschaft has a 12-month low of $11.13 and a 12-month high of $17.95.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

A number of institutional investors have recently bought and sold shares of DB. First Trust Direct Indexing L.P. lifted its holdings in Deutsche Bank Aktiengesellschaft by 1.3% during the first quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank's stock valued at $755,000 after purchasing an additional 630 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Deutsche Bank Aktiengesellschaft by 79.7% in the 1st quarter. BNP Paribas Financial Markets now owns 445,488 shares of the bank's stock worth $7,025,000 after buying an additional 197,517 shares in the last quarter. Callan Capital LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 79.3% during the first quarter. Callan Capital LLC now owns 30,529 shares of the bank's stock valued at $481,000 after acquiring an additional 13,506 shares during the period. Mediolanum International Funds Ltd purchased a new stake in Deutsche Bank Aktiengesellschaft in the 1st quarter worth $5,443,000. Finally, Susquehanna International Group Ltd. bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at about $170,000. 27.90% of the stock is owned by institutional investors.

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.

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