Capital World Investors increased its position in shares of Deutsche Bank AG (NYSE:DB) by 82.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,884,260 shares of the bank’s stock after acquiring an additional 10,784,260 shares during the quarter. Capital World Investors owned about 1.16% of Deutsche Bank AG worth $423,513,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DB. Cambridge Investment Research Advisors Inc. increased its position in Deutsche Bank AG by 1.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 11,065 shares of the bank’s stock valued at $197,000 after buying an additional 202 shares in the last quarter. Edmond DE Rothschild Holding S.A. increased its holdings in shares of Deutsche Bank AG by 3.0% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 18,325 shares of the bank’s stock valued at $316,000 after purchasing an additional 530 shares during the period. Strategic Advisors LLC increased its holdings in shares of Deutsche Bank AG by 1.2% in the second quarter. Strategic Advisors LLC now owns 63,981 shares of the bank’s stock valued at $1,624,000 after purchasing an additional 749 shares during the period. MEAG MUNICH ERGO AssetManagement GmbH increased its holdings in shares of Deutsche Bank AG by 8.2% in the second quarter. MEAG MUNICH ERGO AssetManagement GmbH now owns 17,012 shares of the bank’s stock valued at $301,000 after purchasing an additional 1,287 shares during the period. Finally, US Bancorp DE increased its holdings in shares of Deutsche Bank AG by 13.9% in the second quarter. US Bancorp DE now owns 14,124 shares of the bank’s stock valued at $252,000 after purchasing an additional 1,726 shares during the period. Hedge funds and other institutional investors own 22.52% of the company’s stock.

Shares of Deutsche Bank AG (NYSE:DB) traded down 0.908% during trading on Wednesday, hitting $16.915. 1,181,481 shares of the stock were exchanged. The company’s market cap is $34.94 billion. The firm has a 50 day moving average of $16.45 and a 200-day moving average of $17.48. Deutsche Bank AG has a 12-month low of $13.05 and a 12-month high of $20.94.

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DB has been the subject of several recent research reports. Barclays PLC reissued a “neutral” rating on shares of Deutsche Bank AG in a report on Thursday, June 8th. Zacks Investment Research raised Deutsche Bank AG from a “strong sell” rating to a “hold” rating in a report on Monday, June 12th. ValuEngine raised Deutsche Bank AG from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. BidaskClub upgraded shares of Deutsche Bank AG from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, DZ Bank AG restated a “buy” rating on shares of Deutsche Bank AG in a research report on Thursday, July 27th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Deutsche Bank AG currently has a consensus rating of “Hold” and a consensus price target of $16.57.

Deutsche Bank AG Company Profile

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

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