Deutsche Bank Ag (DB) Stock Value Declined While Commerzbank Aktiengesellschaft Decreased Its Holding

May 21, 2018 - By Vivian Currie

Deutsche Bank Aktiengesellschaft (NYSE:DB) Logo

Commerzbank Aktiengesellschaft decreased its stake in Deutsche Bank Ag (DB) by 13.33% based on its latest 2017Q4 regulatory filing with the SEC. Commerzbank Aktiengesellschaft sold 2.54M shares as the company’s stock declined 28.95% with the market. The institutional investor held 16.52 million shares of the major banks company at the end of 2017Q4, valued at $314.29 million, down from 19.06M at the end of the previous reported quarter. Commerzbank Aktiengesellschaft who had been investing in Deutsche Bank Ag for a number of months, seems to be less bullish one the $26.22B market cap company. It closed at $12.71 lastly. It is down 18.76% since May 21, 2017 and is downtrending. It has underperformed by 30.31% the S&P500.

Commerzbank Aktiengesellschaft, which manages about $8.07B US Long portfolio, upped its stake in Cme Group Inc (NASDAQ:CME) by 46,820 shares to 85,358 shares, valued at $12.47 million in 2017Q4, according to the filing. It also increased its holding in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) by 40,401 shares in the quarter, for a total of 257,358 shares, and has risen its stake in Philip Morris Intl Inc (NYSE:PM).

More news for Deutsche Bank Aktiengesellschaft (NYSE:DB) were recently published by: Seekingalpha.com, which released: “Investment bank revamp at Deutsche?” on April 24, 2018. Seekingalpha.com‘s article titled: “Deutsche Bank: Truly Dreadful” and published on May 07, 2018 is yet another important article.

Deutsche Bank Aktiengesellschaft (NYSE:DB) Ratings Chart

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