Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have received a consensus rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several research firms recently commented on DB. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Barclays reaffirmed an “overweight” 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. Finally, Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DB. Versant Capital Management Inc purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $43,000. Jones Financial Companies Lllp grew its position in Deutsche Bank Aktiengesellschaft by 1,270.5% during the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after purchasing an additional 3,748 shares during the last quarter. Activest Wealth Management acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at $86,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock valued at $125,000 after buying an additional 4,992 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 1.5 %

NYSE:DB opened at $20.60 on Friday. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.22 and a 12-month high of $20.96. The firm has a market cap of $41.03 billion, a PE ratio of 14.82 and a beta of 1.22. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a fifty day moving average price of $18.69 and a 200 day moving average price of $17.45.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. 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. Investors of record on Monday, May 26th will be given a $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is 51.08%.

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.