Gabelli Funds LLC lessened its holdings in shares of Deutsche Bank AG (NYSE:DB) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,000 shares of the bank’s stock after selling 12,000 shares during the quarter. Gabelli Funds LLC’s holdings in Deutsche Bank were worth $375,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Hudson Executive Capital LP bought a new stake in shares of Deutsche Bank in the 3rd quarter valued at approximately $679,928,000. Franklin Resources Inc. grew its stake in shares of Deutsche Bank by 18.8% in the 3rd quarter. Franklin Resources Inc. now owns 13,503,281 shares of the bank’s stock valued at $154,070,000 after buying an additional 2,132,543 shares in the last quarter. Pictet Asset Management Ltd. bought a new stake in shares of Deutsche Bank in the 3rd quarter valued at approximately $16,580,000. Shah Capital Management bought a new stake in shares of Deutsche Bank in the 4th quarter valued at approximately $10,610,000. Finally, Vanguard Group Inc grew its stake in shares of Deutsche Bank by 2.1% in the 3rd quarter. Vanguard Group Inc now owns 54,018,722 shares of the bank’s stock valued at $613,653,000 after buying an additional 1,094,899 shares in the last quarter. 22.74% of the stock is currently owned by institutional investors.

Several equities research analysts recently commented on DB shares. Morgan Stanley reissued a “sell” rating on shares of Deutsche Bank in a research note on Tuesday, November 27th. UBS Group reissued a “neutral” rating on shares of Deutsche Bank in a research note on Wednesday, January 16th. Credit Suisse Group reissued a “hold” rating on shares of Deutsche Bank in a research note on Wednesday, October 17th. Berenberg Bank reissued a “sell” rating on shares of Deutsche Bank in a research note on Friday, November 2nd. Finally, Barclays set a $8.00 price target on Deutsche Bank and gave the company a “sell” rating in a research note on Tuesday, November 20th. Nine investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Deutsche Bank presently has a consensus rating of “Hold” and an average target price of $11.00.

Shares of Deutsche Bank stock opened at $8.19 on Monday. The company has a market cap of $16.93 billion, a price-to-earnings ratio of -13.65 and a beta of 1.35. The company has a debt-to-equity ratio of 2.28, a current ratio of 0.77 and a quick ratio of 0.77. Deutsche Bank AG has a 12-month low of $7.62 and a 12-month high of $16.83.

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Deutsche Bank Profile

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.

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

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