Intellectus Partners LLC grew its position in shares of Deutsche Bank AG (NYSE:DB) by 24.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,160 shares of the bank’s stock after buying an additional 13,348 shares during the quarter. Intellectus Partners LLC’s holdings in Deutsche Bank AG were worth $1,195,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in DB. Bronfman E.L. Rothschild L.P. raised its position in 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 worth $109,000 after buying an additional 2,793 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new position in Deutsche Bank AG during the 2nd quarter worth $130,000. Sei Investments Co. raised its position in Deutsche Bank AG by 49.9% during the 2nd quarter. Sei Investments Co. now owns 8,278 shares of the bank’s stock worth $147,000 after buying an additional 2,757 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in Deutsche Bank AG during the 1st quarter worth $186,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Deutsche Bank AG during the 1st quarter worth $197,000. Institutional investors own 22.52% of the company’s stock.
A number of equities analysts have commented on DB shares. ValuEngine upgraded shares of Deutsche Bank AG from a “hold” rating to a “buy” rating in a research report 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. DZ Bank AG restated a “buy” rating on shares of Deutsche Bank AG in a research report on Thursday, July 27th. Macquarie downgraded shares of Deutsche Bank AG from an “outperform” rating to a “neutral” rating and set a $18.03 price objective for the company. in a research report on Friday, July 28th. Finally, Zacks Investment Research downgraded shares of Deutsche Bank AG from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Deutsche Bank AG has a consensus rating of “Hold” and a consensus price target of $18.21.
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