Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Average Rating of “Buy” by Analysts

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have been assigned a consensus rating of “Buy” from the five brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

DB has been the subject of a number of research reports. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE:DB traded down $0.61 during trading hours on Friday, reaching $23.90. The stock had a trading volume of 546,084 shares, compared to its average volume of 2,193,115. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The stock has a market capitalization of $47.60 billion, a PE ratio of 17.20 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $25.33. The company has a 50 day moving average price of $21.45 and a two-hundred day moving average price of $18.65.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given a $0.5122 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 15.18%.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $240,000. Lansforsakringar Fondforvaltning AB publ acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $11,054,000. Mackenzie Financial Corp lifted its stake in Deutsche Bank Aktiengesellschaft by 64.1% in the 4th quarter. Mackenzie Financial Corp now owns 609,613 shares of the bank’s stock worth $10,394,000 after purchasing an additional 238,122 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in shares of Deutsche Bank Aktiengesellschaft by 15.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 1,908,089 shares of the bank’s stock valued at $32,815,000 after purchasing an additional 259,930 shares in the last quarter. Finally, Vise Technologies Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $176,000. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.