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Addus HomeCare Co. (NASDAQ:ADUS) Shares Purchased by Deutsche Bank AG

Addus HomeCare Co. NASDAQADUS is a publicly traded company that provides home health care services in the United States. The company operates through its two segments: Home Health Services and Home Care Services. Its Home Health Services segment provides skilled nursing care, home infusion therapy, and medical equipment rental services to patients with chronic conditions. Its Home Care Services segment provides non-medical home care services such as personal care assistance, medication management, and transportation services to individuals who require assistance with daily living activities.

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. The bank operates globally and provides a range of services including corporate banking, investment banking, asset management, and retail banking.

In the 3rd quarter, Deutsche Bank AG increased its position in shares of Addus HomeCare Co. NASDAQADUS by 15.3%. This means that the bank now owns a larger number of shares of the company's stock than it did previously. Specifically, the bank acquired an additional 1,243 shares during the period, bringing its total ownership to 9,353 shares.

It is worth noting that Deutsche Bank AG's ownership of Addus HomeCare Co. NASDAQADUS represents a very small percentage of the company's overall stock ownership. The bank owns only 0.06% of the company's outstanding shares. This means that the bank's investment in the company is relatively minor compared to its overall portfolio.

Overall, Deutsche Bank AG's decision to increase its position in shares of Addus HomeCare Co. NASDAQADUS suggests that the bank believes that the company has strong growth prospects and is well-positioned to benefit from the ongoing shift towards home health care services in the United States.


Published 58 days ago

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