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

Deutsche Bank Aktiengesellschaft (NYSE:DB) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock traded up $0.00 during trading hours on Thursday, reaching $18.77. 1,120,901 shares of the company were exchanged, compared to its average volume of 1,750,120. Deutsche Bank Aktiengesellschaft has a 12 month low of $12.43 and a 12 month high of $18.85. 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 50-day moving average of $17.22 and a 200 day moving average of $16.70. The firm has a market cap of $37.39 billion, a price-to-earnings ratio of 9.63 and a beta of 1.20.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DB. Versant Capital Management Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $26,000. SYSTM Wealth Solutions LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $135,000. Finally, Allworth Financial LP boosted its position in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after acquiring an additional 8,037 shares during the period. Institutional investors own 27.90% of the company’s stock.

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.