Deutsche Lufthansa (OTCMKTS:DLAKY) Stock Rating Lowered by Sanford C. Bernstein

Sanford C. Bernstein lowered shares of Deutsche Lufthansa (OTCMKTS:DLAKY - Free Report) from an outperform rating to a market perform rating in a research report released on Wednesday morning, MarketBeat reports.

Separately, Barclays lowered shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Deutsche Lufthansa currently has an average rating of "Hold".

Deutsche Lufthansa Price Performance

Shares of Deutsche Lufthansa stock traded down $0.05 on Wednesday, hitting $8.58. 27,502 shares of the company traded hands, compared to its average volume of 70,205. The stock has a market capitalization of $10.28 billion, a P/E ratio of 7.53, a price-to-earnings-growth ratio of 1.52 and a beta of 1.16. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.72 and a current ratio of 0.80. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.78. The business has a 50-day simple moving average of $7.82 and a 200 day simple moving average of $7.22.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The transportation company reported ($0.78) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.17). Deutsche Lufthansa had a net margin of 3.31% and a return on equity of 12.11%. The company had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $7.93 billion. Research analysts expect that Deutsche Lufthansa will post 0.87 earnings per share for the current fiscal year.

Deutsche Lufthansa Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were paid a dividend of $0.2226 per share. This represents a yield of 3.09%. This is a positive change from Deutsche Lufthansa's previous dividend of $0.22. The ex-dividend date was Thursday, May 8th. Deutsche Lufthansa's payout ratio is presently 19.30%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC lifted its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,809 shares of the transportation company's stock after purchasing an additional 6,749 shares during the period. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 at the end of the most recent quarter.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.