Deutsche Bank AG Sells 4,243 Shares of Lamar Advertising (NASDAQ:LAMR)

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. The company operates globally and provides a range of financial products and services to individuals, corporations, and governments.

Lamar Advertising Company (LAMR) is a real estate investment trust (REIT) that owns and operates outdoor advertising displays across the United States. The company's primary business is the sale of advertising space on billboards, transit shelters, and other outdoor advertising displays. LAMR has a portfolio of over 350,000 advertising displays in more than 40 states and Puerto Rico.

In the third quarter of 2021, Deutsche Bank AG lowered its position in Lamar Advertising NASDAQLAMR by 30.1%. This means that the company sold 4,243 shares of the REIT's stock during this period, reducing its holdings to 9,871 shares.

It is important to note that Deutsche Bank AG's holdings in Lamar Advertising NASDAQLAMR are subject to change based on market conditions and other factors. The company may buy or sell additional shares of the REIT's stock at any time.

Overall, Deutsche Bank AG's decision to lower its position in Lamar Advertising NASDAQLAMR reflects the company's ongoing assessment of the REIT's financial performance and market prospects. As a major investor in the real estate industry, Deutsche Bank AG is constantly monitoring market trends and seeking to make informed investment decisions that align with its long-term strategic goals.