Deutsche Bank Adjusts Positions in Allison Transmission, Xerox, and National Bank

NEW YORK, NY — Deutsche Bank AG has made significant adjustments to its stock positions in Allison Transmission Holdings, Xerox Holdings Co., and National Bank Holdings Co., according to recent filings with the Securities and Exchange Commission.

During the fourth quarter, Deutsche Bank reduced its holdings in Allison Transmission by 24.3%, holding 11,817 shares after selling 3,786 shares. As of the latest filing, these shares were valued at approximately $1,277,000.

In contrast, other institutional investors have recently increased their positions in Allison Transmission. Barclays PLC raised its stake by 23.4%, now owning 61,449 shares worth $5,902,000. Additionally, SG Americas Securities LLC significantly boosted its stake by 776.2%, with 16,999 shares now valued at $1,837,000. Currently, hedge funds and institutional investors own 96.90% of Allison Transmission’s stock.

Allison Transmission’s stock opened at $102.38 on Monday, with a market capitalization of $8.63 billion and a P/E ratio of 12.32. The company also recently announced a quarterly dividend of $0.27, set for payment on May 30th.

Shifting focus to Xerox, Deutsche Bank lifted its position by 103.8% in the fourth quarter, acquiring 70,724 additional shares, bringing its total to 138,852 shares valued at $1,171,000. Other investors, such as Marshall Wace LLP and BNP Paribas Financial Markets, also made considerable investments in the company.

Xerox’s stock opened at $4.49 on Monday. The company reported earnings of ($0.06) EPS for the last quarter, missing estimates by $0.03, amidst a revenue decline of 3.0% year-over-year.

Lastly, Deutsche Bank increased its stake in National Bank Holdings by 60.4% in the same quarter, holding 30,067 shares valued at $1,295,000. Various other investors also expanded their holdings, indicating strong institutional interest.

National Bank’s stock opened at $36.52 on Monday, following a report that indicated a missed EPS of $0.63 against an expected $0.76. The firm also declared a quarterly dividend of $0.30 on May 30th, a positive change from last quarter.