Bristol Advisors LLC lessened its holdings in shares of Deutsche Bank AG (NYSE:DB) by 6.6% during the 4th quarter, Holdings Channel reports. The firm owned 90,200 shares of the bank’s stock after selling 6,400 shares during the period. Deutsche Bank comprises approximately 1.1% of Bristol Advisors LLC’s holdings, making the stock its 22nd biggest position. Bristol Advisors LLC’s holdings in Deutsche Bank were worth $1,717,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in DB. Cambridge Investment Research Advisors Inc. boosted its position in shares of Deutsche Bank 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 acquiring an additional 202 shares during the last quarter. CIBC World Markets Inc. acquired a new position in shares of Deutsche Bank during the 2nd quarter valued at about $521,000. Franklin Resources Inc. acquired a new position in shares of Deutsche Bank during the 2nd quarter valued at about $3,381,000. Alliancebernstein L.P. boosted its position in shares of Deutsche Bank by 35.3% during the 2nd quarter. Alliancebernstein L.P. now owns 1,114,059 shares of the bank’s stock valued at $19,819,000 after acquiring an additional 290,561 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Deutsche Bank by 79.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 15,108 shares of the bank’s stock valued at $269,000 after buying an additional 6,699 shares during the period. 20.91% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Deutsche Bank AG (NYSE:DB) traded up $0.06 on Friday, reaching $18.56. 3,280,100 shares of the company traded hands, compared to its average volume of 5,607,700. The stock has a market cap of $37,930.00, a price-to-earnings ratio of -31.46 and a beta of 1.42. Deutsche Bank AG has a 12-month low of $15.59 and a 12-month high of $20.94. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.84 and a current ratio of 0.84.

DB has been the topic of several research analyst reports. upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating and boosted their price objective for the company from $17.93 to $18.20 in a report on Tuesday, November 14th. HSBC upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Citigroup restated a “sell” rating on shares of Deutsche Bank in a report on Tuesday, December 19th. UBS Group restated a “neutral” rating on shares of Deutsche Bank in a report on Monday, December 11th. Finally, DZ Bank restated a “buy” rating on shares of Deutsche Bank in a report on Thursday, October 26th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. Deutsche Bank has an average rating of “Hold” and a consensus price target of $18.08.

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

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