Jefferies Group LLC purchased a new position in Deutsche Bank AG (NYSE:DB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 91,658 shares of the bank’s stock, valued at approximately $1,744,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mandatum Life Insurance Co Ltd bought a new position in shares of Deutsche Bank in the fourth quarter worth approximately $160,000. First Republic Investment Management Inc. bought a new position in shares of Deutsche Bank in the third quarter worth approximately $180,000. Private Advisor Group LLC bought a new position in shares of Deutsche Bank in the third quarter worth approximately $195,000. Mackenzie Financial Corp bought a new position in shares of Deutsche Bank in the third quarter worth approximately $199,000. Finally, CIBC World Markets Inc. bought a new position in shares of Deutsche Bank in the fourth quarter worth approximately $263,000. Institutional investors and hedge funds own 25.00% of the company’s stock.
Deutsche Bank AG (DB) opened at $15.79 on Wednesday. Deutsche Bank AG has a 1-year low of $15.06 and a 1-year high of $20.23. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $33,295.71, a price-to-earnings ratio of -25.47 and a beta of 1.30.
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Deutsche Bank Profile
Deutsche Bank AG is a bank and holding company for its subsidiaries. The Company offers a range of investment, financial and related products and services to private individuals, corporate entities and institutional clients. It operates through six divisions: Global Markets, which offers financial products, including trading and hedging services to institutions and corporate clients; Corporate & Investment Banking, which brings together its commercial banking, corporate finance and transaction banking capability; Private, Wealth and Commercial Clients, which combines its capability in private and commercial banking, as well as in wealth management solutions; Deutsche Asset Management, whose investment capabilities span both active and passive strategies and an array of asset classes, including equities, fixed income, real estate and sustainable investments; Postbank, which is a German financial service provider for retail, business and corporate clients, and Non-Core Operations Unit.
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