Public Sector Pension investment Board lowered its stake in shares of Deutsche Bank AG (NYSE:DB) by 46.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 866,033 shares of the bank’s stock after selling 736,773 shares during the quarter. Public Sector Pension investment Board’s holdings in Deutsche Bank AG were worth $15,335,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. raised its position in shares of Deutsche Bank AG by 83.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,132 shares of the bank’s stock valued at $109,000 after buying an additional 2,793 shares in the last quarter. Lipe & Dalton purchased a new stake in shares of Deutsche Bank AG during the 2nd quarter valued at $2,372,000. Capstone Asset Management Co. raised its position in shares of Deutsche Bank AG by 37.4% during the 2nd quarter. Capstone Asset Management Co. now owns 175,955 shares of the bank’s stock valued at $3,130,000 after buying an additional 47,870 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Deutsche Bank AG by 211.7% during the 1st quarter. Renaissance Technologies LLC now owns 3,971,796 shares of the bank’s stock valued at $68,385,000 after buying an additional 2,697,658 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Deutsche Bank AG by 4.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,909,133 shares of the bank’s stock valued at $51,669,000 after buying an additional 123,207 shares in the last quarter. Hedge funds and other institutional investors own 22.52% of the company’s stock.

Several analysts have recently weighed in on DB shares. ValuEngine cut shares of Deutsche Bank AG from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Macquarie cut shares of Deutsche Bank AG from an “outperform” rating to a “neutral” rating and set a $18.03 price objective on the stock. in a research report on Friday, July 28th. Credit Suisse Group upgraded shares of Deutsche Bank AG from an “underperform” rating to a “neutral” rating in a research report on Tuesday, September 5th. Zacks Investment Research cut shares of Deutsche Bank AG from a “buy” rating to a “strong sell” rating in a research report on Thursday, September 7th. Finally, BidaskClub upgraded shares of Deutsche Bank AG from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $17.21.

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Deutsche Bank AG (DB) traded up 1.65% during trading on Thursday, hitting $16.65. 1,124,383 shares of the company traded hands. Deutsche Bank AG has a 52 week low of $11.19 and a 52 week high of $20.94. The company’s 50 day moving average is $16.76 and its 200-day moving average is $17.66. The stock’s market capitalization is $34.39 billion.

Deutsche Bank AG Profile

Institutional Ownership by Quarter for Deutsche Bank AG (NYSE:DB)

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