Deutsche Bank Ag (DB) Shareholder Dekabank Deutsche Girozentrale Decreased Stake

June 26, 2018 - By Ronnie Lemelle

Deutsche Bank Aktiengesellschaft (NYSE:DB) Corporate Logo

Dekabank Deutsche Girozentrale’s holdings in Deutsche Bank Ag (DB) is reduced by 26.94% based on its latest 2018Q1 regulatory filing with the SEC. 7.78M shares were sold by Dekabank Deutsche Girozentrale as the company’s stock declined 26.88% with the market. At the end of 2018Q1, the institutional investor held 21.10 million shares of the major banks company, priced at $293.94M, down from 28.88 million at the end of the previous reported quarter. Deutsche Bank Ag has $22.53 billion MC. Ticker’s shares touched $10.76 during the last trading session after 1.19% change.Deutsche Bank Aktiengesellschaft has volume of 1.06M shares. Since June 26, 2017 DB has declined 36.07% and is downtrending. The stock underperformed the S&P 500 by 48.64%.

Dekabank Deutsche Girozentrale rose its stake in Svb Finl Group (NASDAQ:SIVB) by 15,586 shares to 21,219 shares, valued at $5.09 million in 2018Q1, according to the filing. It manages about $14.62B US Long portfolio. Dekabank Deutsche Girozentrale has risen its stake in Alibaba Group Hldg Ltd (NYSE:BABA) and also increased its holding in Telus Corp (NYSE:TU) by 201,658 shares in the quarter, for a total of 832,991 shares.

For more Deutsche Bank Aktiengesellschaft (NYSE:DB) news brought out recently go to: Investorplace.com, Benzinga.com, Seekingalpha.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “3 Bank Stocks to Buy After the Fed’s Stress Tests” brought out on June 22, 2018, “Mike Khouw Sees Unusual Options Activity In Deutsche Bank” on June 01, 2018, “S&P cuts rating on Deutsche Bank” with a publish date: June 01, 2018, “Alcoa: Strong Operating Momentum, Attractive Relative Value” and the last “A Concerning Weakness In Bank Stocks” with publication date: June 16, 2018.

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