Banco Santander S.A. Sells 589,520 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Banco Santander S.A. decreased its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 36.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,014,122 shares of the bank’s stock after selling 589,520 shares during the quarter. Banco Santander S.A.’s holdings in Deutsche Bank Aktiengesellschaft were worth $17,554,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. QRG Capital Management Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft by 14.1% during the 2nd quarter. QRG Capital Management Inc. now owns 339,611 shares of the bank’s stock valued at $5,413,000 after purchasing an additional 42,017 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in Deutsche Bank Aktiengesellschaft by 14.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 4,089,532 shares of the bank’s stock valued at $64,404,000 after buying an additional 524,175 shares in the last quarter. Jane Street Group LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 23.2% during the first quarter. Jane Street Group LLC now owns 1,335,540 shares of the bank’s stock worth $21,061,000 after acquiring an additional 251,413 shares during the period. Janus Henderson Group PLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 26.3% during the first quarter. Janus Henderson Group PLC now owns 254,215 shares of the bank’s stock worth $4,007,000 after acquiring an additional 52,896 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 20.5% in the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock valued at $118,000 after purchasing an additional 1,251 shares during the period. 27.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DB has been the subject of a number of research reports. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Down 0.5 %

NYSE:DB opened at $16.69 on Thursday. 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 firm has a fifty day simple moving average of $17.06 and a 200-day simple moving average of $16.48. Deutsche Bank Aktiengesellschaft has a 12 month low of $12.05 and a 12 month high of $17.95.

About Deutsche Bank Aktiengesellschaft

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.