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

Deutsche Bank Aktiengesellschaft (NYSE:DB) has earned a consensus rating of “Hold” from the five brokerages that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of equities analysts have commented on the stock. Morgan Stanley raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Finally, Citigroup cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Anchor Investment Management LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $41,000. Blue Trust Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 221.4% in the fourth quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock valued at $53,000 after purchasing an additional 2,674 shares during the period. Parallel Advisors LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 26.9% during the 4th quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock worth $74,000 after purchasing an additional 1,163 shares during the period. Headlands Technologies LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at $119,000. Finally, Leo Wealth LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter worth $159,000. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE:DB opened at $16.72 on Thursday. The company has a market capitalization of $34.56 billion, a P/E ratio of 7.30, a P/E/G ratio of 0.96 and a beta of 1.30. The business’s 50-day moving average is $16.17 and its 200 day moving average is $14.10. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12 month low of $9.82 and a 12 month high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, April 25th. The bank reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 5.47% and a net margin of 6.68%. The business had revenue of $8.45 billion for the quarter, compared to analysts’ expectations of $8.13 billion. On average, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.2 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, May 21st. Investors of record on Thursday, May 16th were paid a dividend of $0.3313 per share. The ex-dividend date of this dividend was Friday, May 17th. This represents a dividend yield of 2.05%.

About Deutsche Bank Aktiengesellschaft

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.