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

Deutsche Bank AG raised its stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 46.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 841,296 shares of the company's stock after buying an additional 268,387 shares during the quarter. Deutsche Bank AG's holdings in Aurora Innovation were worth $5,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AUR. CoreCap Advisors LLC raised its position in shares of Aurora Innovation by 15.0% during the fourth quarter. CoreCap Advisors LLC now owns 13,177 shares of the company's stock worth $83,000 after purchasing an additional 1,717 shares during the period. CIBC Asset Management Inc raised its holdings in Aurora Innovation by 5.1% during the 4th quarter. CIBC Asset Management Inc now owns 35,587 shares of the company's stock worth $224,000 after buying an additional 1,723 shares during the period. Corient Private Wealth LLC lifted its stake in Aurora Innovation by 11.5% in 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 boosted its holdings in shares of Aurora Innovation by 217.2% in 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 during the period. Finally, Summit Investment Advisors Inc. increased its position in shares of Aurora Innovation by 3.5% during the fourth 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 in the last quarter. Institutional investors own 44.71% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on AUR shares. Oppenheimer initiated coverage on shares of Aurora Innovation in a research report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price objective on the stock. TD Cowen assumed coverage on Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price objective for the company. Canaccord Genuity Group lifted their target price on Aurora Innovation from $10.00 to $15.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. The Goldman Sachs Group raised their price target on shares of Aurora Innovation from $6.00 to $7.00 and gave the stock a "neutral" rating in a research note on Monday, May 12th. Finally, Evercore ISI increased their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an "in-line" rating in a report on Tuesday, February 18th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $10.75.

Aurora Innovation Price Performance

AUR stock traded down $0.03 during trading hours on Tuesday, reaching $6.25. The stock had a trading volume of 24,827,653 shares, compared to its average volume of 13,181,554. The stock has a 50-day simple moving average of $6.79 and a 200 day simple moving average of $6.85. Aurora Innovation, Inc. has a fifty-two week low of $2.10 and a fifty-two week high of $10.77. The stock has a market capitalization of $10.88 billion, a PE ratio of -13.30 and a beta of 2.76.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.01). On average, sell-side analysts forecast that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Aurora Innovation 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.