M&G Investment Management Ltd. Increases Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

M&G Investment Management Ltd. lifted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 679,956 shares of the bank's stock after purchasing an additional 53,619 shares during the period. M&G Investment Management Ltd.'s holdings in Deutsche Bank Aktiengesellschaft were worth $9,009,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Anchor Investment Management LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $41,000. Blue Trust Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 221.4% in the fourth quarter. Blue Trust Inc. now owns 3,882 shares of the bank's stock valued at $53,000 after purchasing an additional 2,674 shares during the period. Callan Capital LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $118,000. Headlands Technologies LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $119,000. Finally, Park Avenue Securities LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $138,000. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Trading Up 0.4 %

Shares of NYSE DB traded up $0.07 during midday trading on Wednesday, reaching $17.53. 2,246,400 shares of the stock were exchanged, compared to its average volume of 3,283,767. The stock has a 50 day moving average price of $15.91 and a 200-day moving average price of $13.89. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 52-week low of $9.82 and a 52-week high of $17.95. The company has a market capitalization of $36.22 billion, a P/E ratio of 7.65, a P/E/G ratio of 0.96 and a beta of 1.30.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Citigroup downgraded shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a report on Wednesday, January 31st. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Monday, March 18th. Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a report on Wednesday, March 27th. Finally, Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a report on Wednesday, March 13th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold".

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.