Deutsche Bank Aktiengesellschaft (NYSE:DB) Sets New 12-Month High - Time to Buy?

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $27.49 and last traded at $27.37, with a volume of 112381 shares changing hands. The stock had previously closed at $27.38.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Citigroup reaffirmed a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Barclays restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Finally, Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Trading Up 0.2%

The stock has a market capitalization of $54.67 billion, a P/E ratio of 19.74 and a beta of 1.00. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The firm's 50-day simple moving average is $24.07 and its 200 day simple moving average is $20.27.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. The company had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $7.95 billion. Equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of large investors have recently added to or reduced their stakes in DB. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at about $43,000. Aprio Wealth Management LLC raised its stake in Deutsche Bank Aktiengesellschaft by 28.1% in the 4th quarter. Aprio Wealth Management LLC now owns 19,138 shares of the bank's stock valued at $326,000 after purchasing an additional 4,197 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 31.7% in the 4th quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank's stock valued at $2,078,000 after purchasing an additional 29,042 shares in the last quarter. Kathmere Capital Management LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 15.1% in the fourth quarter. Kathmere Capital Management LLC now owns 17,036 shares of the bank's stock worth $290,000 after purchasing an additional 2,233 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 5.1% during the fourth quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank's stock valued at $394,000 after purchasing an additional 1,113 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.

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