Baron Wealth Management LLC Purchases New Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Baron Wealth Management LLC purchased a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,749 shares of the bank’s stock, valued at approximately $221,000.

Other hedge funds have also recently bought and sold shares of the company. Natixis Advisors LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 2.0% during the third quarter. Natixis Advisors LLC now owns 354,479 shares of the bank’s stock valued at $6,136,000 after purchasing an additional 7,062 shares during the period. Plato Investment Management Ltd purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $4,324,000. D Orazio & Associates Inc. purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $225,000. Crossmark Global Holdings Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 29.4% during the third quarter. Crossmark Global Holdings Inc. now owns 166,809 shares of the bank’s stock worth $2,887,000 after buying an additional 37,904 shares in the last quarter. Finally, Fiera Capital Corp grew its position in shares of Deutsche Bank Aktiengesellschaft by 124.3% during the third quarter. Fiera Capital Corp now owns 127,101 shares of the bank’s stock worth $2,200,000 after buying an additional 70,425 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.7 %

Shares of NYSE DB opened at $17.10 on Tuesday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $12.05 and a fifty-two week high of $17.95. The firm’s 50-day simple moving average is $17.02 and its 200 day simple moving average is $16.48. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78.

Analyst Ratings Changes

A number of research firms have recently weighed in on DB. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

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.