Deutsche Bank AG Has $5.30 Million Stake in Aurora Innovation, Inc. (NASDAQ:AUR)

Deutsche Bank AG grew its holdings in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 46.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 841,296 shares of the company's stock after purchasing an additional 268,387 shares during the period. Deutsche Bank AG's holdings in Aurora Innovation were worth $5,300,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AUR. CoreCap Advisors LLC raised its holdings in Aurora Innovation by 15.0% during the fourth quarter. CoreCap Advisors LLC now owns 13,177 shares of the company's stock valued at $83,000 after buying an additional 1,717 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Aurora Innovation by 5.1% during the fourth quarter. CIBC Asset Management Inc now owns 35,587 shares of the company's stock valued at $224,000 after buying an additional 1,723 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Aurora Innovation by 11.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,484 shares of the company's stock valued at $135,000 after buying an additional 2,216 shares in the last quarter. Twin Tree Management LP raised its holdings in Aurora Innovation by 217.2% during the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company's stock valued at $28,000 after buying an additional 3,047 shares in the last quarter. Finally, Summit Investment Advisors Inc. lifted its position in Aurora Innovation by 3.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 98,238 shares of the company's stock worth $619,000 after acquiring an additional 3,360 shares during the last quarter. Hedge funds and other institutional investors own 44.71% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AUR shares. Canaccord Genuity Group boosted their target price on shares of Aurora Innovation from $10.00 to $15.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Evercore ISI boosted their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an "in-line" rating in a research report on Tuesday, February 18th. Cantor Fitzgerald reissued an "overweight" rating and set a $10.00 target price on shares of Aurora Innovation in a research report on Thursday, February 13th. Needham & Company LLC boosted their target price on shares of Aurora Innovation from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, TD Cowen started coverage on shares of Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Aurora Innovation presently has a consensus rating of "Moderate Buy" and a consensus price target of $10.75.

Aurora Innovation Trading Up 1.8%

AUR stock traded up $0.11 during trading on Thursday, reaching $6.17. 8,591,484 shares of the stock were exchanged, compared to its average volume of 13,217,584. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The company has a market capitalization of $10.73 billion, a P/E ratio of -13.15 and a beta of 2.76. The stock has a 50 day simple moving average of $6.77 and a 200-day simple moving average of $6.84.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.01). Equities analysts predict that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Aurora Innovation Company Profile

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.