Deutsche Bank Aktiengesellschaft (NYSE:DB) Hits New 12-Month High - Should You Buy?

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $27.10 and last traded at $27.07, with a volume of 45849 shares. The stock had previously closed at $26.80.

Analyst Ratings Changes

A number of research firms recently issued reports on DB. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Finally, Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Two 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

The stock's 50 day moving average price is $24.07 and its 200 day moving average price is $20.23. 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 firm has a market cap of $54.44 billion, a PE ratio of 19.66 and a beta of 1.00.

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 analysts' consensus estimates of $0.85 by $0.19. The company had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 96.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after buying an additional 800 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the third quarter worth about $43,000. MassMutual Private Wealth & Trust FSB grew its stake in 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 purchasing an additional 424 shares in the last quarter. Jones Financial Companies Lllp increased its holdings 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. Finally, Activest Wealth Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $86,000. 27.90% of the stock is owned by institutional investors and hedge funds.

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.