Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Deutsche Bank Aktiengesellschaft (NYSE:DB) has received a consensus rating of “Moderate Buy” from eight analysts, with varying recommendations including one sell, two holds, four buys, and one strong buy.
• In its latest quarterly earnings report, Deutsche Bank reported earnings of $0.54 per share, falling short of the consensus estimate of $0.78, but outperforming revenue expectations with $9.21 billion.
• Institutional investor interest has notably increased, with several firms expanding their stakes, as the company now has 27.90% of its stock held by hedge funds and institutional investors.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) has been given a consensus rating of "Hold" by the nine analysts that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company.

A number of research analysts recently weighed in on the stock. Citigroup restated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Bank of America assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating on the stock. The Goldman Sachs Group cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Tuesday. Finally, Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB traded down $0.19 during trading hours on Monday, reaching $35.17. The company had a trading volume of 1,827,637 shares, compared to its average volume of 2,639,261. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. Deutsche Bank Aktiengesellschaft has a 52 week low of $15.20 and a 52 week high of $37.54. The firm has a market cap of $70.05 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 0.43 and a beta of 1.02. The firm's 50 day moving average price is $32.65 and its 200-day moving average price is $27.53.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%.The company had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $7.80 billion. On average, analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several hedge funds have recently bought and sold shares of the stock. Evergreen Capital Management LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 1.9% during the 2nd quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank's stock valued at $452,000 after buying an additional 282 shares in the last quarter. Contravisory Investment Management Inc. raised its position in shares of Deutsche Bank Aktiengesellschaft by 2.9% during the 2nd quarter. Contravisory Investment Management Inc. now owns 12,223 shares of the bank's stock valued at $358,000 after buying an additional 346 shares in the last quarter. CW Advisors LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 1.7% during the 2nd quarter. CW Advisors LLC now owns 23,000 shares of the bank's stock valued at $673,000 after buying an additional 379 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after buying an additional 424 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Deutsche Bank Aktiengesellschaft by 4.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 10,033 shares of the bank's stock valued at $294,000 after buying an additional 450 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company's stock.

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.