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

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) has been assigned an average recommendation of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts have weighed in on the company. Zacks Research cut Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Finally, Citigroup reaffirmed a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd.

Check Out Our Latest Stock Report on Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft News Summary

Here are the key news stories impacting Deutsche Bank Aktiengesellschaft this week:

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB opened at $29.47 on Friday. The firm’s 50 day simple moving average is $36.88 and its 200-day simple moving average is $36.36. The company has a quick ratio of 0.78, a current ratio of 0.76 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a one year low of $18.89 and a one year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.16. The company had revenue of $8.99 billion for the quarter, compared to analysts’ expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%. Analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, June 1st will be paid a dividend of $1.00 per share. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. The ex-dividend date is Monday, June 1st. This represents a dividend yield of 251.0%.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 15.9% during the first quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock worth $3,005,000 after purchasing an additional 17,262 shares in the last quarter. Focus Partners Wealth acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter worth $795,000. Sivia Capital Partners LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth $413,000. Savant Capital LLC increased its position in Deutsche Bank Aktiengesellschaft by 33.0% during the 2nd quarter. Savant Capital LLC now owns 11,529 shares of the bank’s stock valued at $338,000 after buying an additional 2,863 shares in the last quarter. Finally, Wedbush Securities Inc. acquired a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at about $231,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Company Profile

(Get Free Report)

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.

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