Deutsche Bank Aktiengesellschaft (NYSE:DB) Reaches New 52-Week Low - Here's What Happened

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $25.62 and last traded at $26.21, with a volume of 4047527 shares trading hands. The stock had previously closed at $26.78.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DB. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Barclays reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Up 1.4 %

The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The stock has a market capitalization of $53.35 billion, a PE ratio of 19.27 and a beta of 1.03. The company has a 50 day moving average price of $23.53 and a 200-day moving average price of $19.93.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, topping the consensus estimate of $0.85 by $0.19. The business had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. As a group, analysts forecast 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 disclosed an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be given a dividend of $0.5122 per share. This represents a yield of 1.7%. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. The ex-dividend date of this dividend is Friday, May 23rd. Deutsche Bank Aktiengesellschaft's payout ratio is presently 15.18%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. Farther Finance Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 96.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after buying an additional 800 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $43,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of Deutsche Bank Aktiengesellschaft by 21.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock worth $57,000 after acquiring an additional 424 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted 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 valued at $69,000 after acquiring an additional 3,748 shares during the period. 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.