Deutsche Bank AG (NYSE:DB) Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. decreased its stake in Deutsche Bank AG (NYSE:DB) by 8.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,138 shares of the bank’s stock after selling 1,468 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Deutsche Bank AG were worth $279,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Quadrant Capital Group LLC raised its stake in shares of Deutsche Bank AG by 478.3% in the first quarter. Quadrant Capital Group LLC now owns 9,426 shares of the bank’s stock valued at $156,000 after buying an additional 7,796 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Deutsche Bank AG by 131.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,697 shares of the bank’s stock valued at $174,000 after buying an additional 5,499 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Deutsche Bank AG during the first quarter valued at about $186,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Deutsche Bank AG during the first quarter valued at about $197,000. Finally, Ngam Advisors L.P. acquired a new position in Deutsche Bank AG during the first quarter worth $205,000. Institutional investors own 16.44% of the company’s stock.

Deutsche Bank AG (DB) traded up 1.41% on Monday, hitting $17.29. 6,613,588 shares of the stock were exchanged. Deutsche Bank AG has a 12 month low of $11.19 and a 12 month high of $20.94. The company has a 50-day moving average of $18.22 and a 200 day moving average of $18.32. The firm’s market cap is $35.71 billion.

COPYRIGHT VIOLATION NOTICE: This piece was originally posted by [[site]] and is the property of of [[site]]. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this piece can be read at [[permalink]].

A number of research analysts recently weighed in on DB shares. Zacks Investment Research lowered shares of Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Macquarie upgraded shares of Deutsche Bank AG from an “underperform” rating to an “outperform” rating in a research note on Friday, April 21st. BidaskClub upgraded shares of Deutsche Bank AG from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th. Barclays PLC reiterated an “equal weight” rating on shares of Deutsche Bank AG in a research note on Sunday, April 23rd. Finally, J P Morgan Chase & Co reiterated a “neutral” rating on shares of Deutsche Bank AG in a research note on Monday, May 29th. Seven analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $18.21.

About Deutsche Bank AG