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Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Gap Down - Time to Sell?

Deutsche Bank Aktiengesellschaft logo with Finance background
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Key Points

  • Shares gapped down: DB opened at $29.55 after a $31.53 close and last traded around $29.10 on heavy volume, trading well below its 50‑day ($37.06) and 200‑day ($36.41) moving averages.
  • Quarterly results beat estimates: Deutsche Bank reported $0.88 EPS vs. $0.72 expected and $8.99B revenue vs. $7.71B, and raised its annual dividend to $1.00 (ex‑dividend June 1).
  • Analyst sentiment is mixed: MarketBeat shows a consensus "Hold" with 1 Strong Buy, 4 Buy, 5 Hold and 1 Sell, indicating no clear analyst conviction.
  • MarketBeat previews top five stocks to own in May.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $31.53, but opened at $29.55. Deutsche Bank Aktiengesellschaft shares last traded at $29.1030, with a volume of 1,713,627 shares traded.

Analyst Ratings Changes

A number of research analysts have issued reports on DB shares. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Saturday, December 20th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Zacks Research lowered Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 30th. Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold".

View Our Latest Stock Analysis on Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft Price Performance

The firm has a 50-day simple moving average of $37.06 and a two-hundred day simple moving average of $36.41. The company has a market capitalization of $58.06 billion, a price-to-earnings ratio of 8.50, a P/E/G ratio of 0.42 and a beta of 0.94. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%.The business had revenue of $8.99 billion during the quarter, compared to analysts' expectations of $7.71 billion. As a group, analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be given a $1.00 dividend. The ex-dividend date is Monday, June 1st. This represents a yield of 251.0%. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.51. Deutsche Bank Aktiengesellschaft's payout ratio is currently 6.15%.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth $27,000. Salomon & Ludwin LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 2,807.4% in the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank's stock worth $28,000 after acquiring an additional 758 shares during the period. Triumph Capital Management purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth about $32,000. Cary Street Partners Investment Advisory LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank's stock valued at $38,000 after acquiring an additional 413 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank's stock valued at $40,000 after purchasing an additional 881 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Company Profile

(Get Free Report)

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank's core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.

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