Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Consensus Recommendation of “Buy” from Analysts

Deutsche Bank Aktiengesellschaft (NYSE:DB) has earned an average recommendation of “Buy” from the four analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have issued reports on DB shares. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Finally, Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of institutional investors have recently made changes to their positions in the stock. Capital International Investors lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 9.4% in the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock worth $1,510,097,000 after acquiring an additional 7,558,488 shares during the period. Norges Bank acquired a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $773,016,000. Amundi lifted its stake in Deutsche Bank Aktiengesellschaft by 23.6% during the fourth quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after purchasing an additional 7,484,594 shares during the last quarter. Marshall Wace LLP lifted its stake in Deutsche Bank Aktiengesellschaft by 18.7% during the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after purchasing an additional 2,369,480 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 199.8% during the fourth quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after purchasing an additional 8,617,662 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB traded down $0.09 during trading on Friday, reaching $20.31. 1,981,856 shares of the company’s stock traded hands, compared to its average volume of 1,961,935. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.20 and a 12 month high of $20.96. The company has a 50 day moving average of $18.64 and a 200-day moving average of $17.36. The stock has a market capitalization of $40.45 billion, a P/E ratio of 14.61 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced 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 net margin of 4.66% and a return on equity of 3.90%. On average, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be paid a $0.5122 dividend. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is currently 51.08%.

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.