Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $25.74, but opened at $26.64. Deutsche Bank Aktiengesellschaft shares last traded at $26.85, with a volume of 1,314,995 shares traded.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the stock. Citigroup restated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Barclays reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Finally, Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Analysis on Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Trading Up 0.8 %
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 stock's 50 day moving average is $23.42 and its two-hundred day moving average is $19.84. The company has a market capitalization of $53.02 billion, a PE ratio of 19.15 and a beta of 1.03.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $7.95 billion. As a group, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be paid a $0.5122 dividend. This represents a yield of 1.7%. This is an increase 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 dividend payout ratio (DPR) is 15.18%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in DB. Wilmington Savings Fund Society FSB purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $43,000. Versant Capital Management Inc purchased a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter worth $26,000. Aprio Wealth Management LLC raised its position in Deutsche Bank Aktiengesellschaft by 28.1% during the fourth quarter. Aprio Wealth Management LLC now owns 19,138 shares of the bank's stock worth $326,000 after acquiring an additional 4,197 shares during the period. Assenagon Asset Management S.A. lifted its holdings in Deutsche Bank Aktiengesellschaft by 31.7% during the fourth 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. Finally, Kathmere Capital Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.1% during the 4th 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 last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.
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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