Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) saw unusually-high trading volume on Monday . Approximately 3,989,915 shares traded hands during trading, an increase of 64% from the previous session's volume of 2,440,285 shares.The stock last traded at $28.10 and had previously closed at $27.54.
Analyst Ratings Changes
DB has been the subject of several recent research reports. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Bank of America began coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of "Moderate Buy".
Read Our Latest Stock Report on DB
Deutsche Bank Aktiengesellschaft Stock Up 2.7%
The firm's 50-day moving average price is $26.24 and its two-hundred day moving average price is $22.21. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The firm has a market cap of $56.34 billion, a PE ratio of 20.35 and a beta of 0.98.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. The business 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 research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.
Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft
A number of hedge funds have recently modified their holdings of DB. MassMutual Private Wealth & Trust FSB grew its position 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 worth $57,000 after purchasing an additional 424 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 21,914 shares of the bank's stock worth $522,000 after buying an additional 477 shares during the last quarter. Venturi Wealth Management LLC increased its position in Deutsche Bank Aktiengesellschaft by 1.6% in the 4th quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock valued at $562,000 after acquiring an additional 513 shares during the period. Sequoia Financial Advisors LLC lifted its position in Deutsche Bank Aktiengesellschaft by 3.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank's stock worth $242,000 after acquiring an additional 537 shares during the period. Finally, Truist Financial Corp grew its stake in shares of Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock valued at $235,000 after purchasing an additional 636 shares during the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.
About Deutsche Bank Aktiengesellschaft
(
Get Free Report)
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.
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