Deutsche Bank Aktiengesellschaft (NYSE:DB) Hits New 12-Month High at $16.40

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $16.40 and last traded at $16.35, with a volume of 431638 shares traded. The stock had previously closed at $16.24.

Analyst Ratings Changes

A number of equities analysts have weighed in on DB shares. Erste Group Bank raised Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research note on Wednesday, March 13th. Morgan Stanley raised Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research note on Wednesday, March 27th. Citigroup downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 31st. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Monday, March 18th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Price Performance

The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.56. The company has a market cap of $34.10 billion, a PE ratio of 7.53, a P/E/G ratio of 0.90 and a beta of 1.32. The stock has a 50-day simple moving average of $14.73 and a 200 day simple moving average of $13.20.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. The company had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $7.46 billion. Equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.22 EPS for the current year.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 77,480,209 shares of the bank's stock valued at $851,507,000 after buying an additional 1,073,195 shares during the period. Deutsche Bank AG raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 64.0% in the 3rd quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank's stock valued at $593,411,000 after buying an additional 21,080,301 shares during the period. Norges Bank purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $326,093,000. Capital International Investors acquired a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter worth $252,028,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in Deutsche Bank Aktiengesellschaft by 30.8% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,559,579 shares of the bank's stock worth $185,233,000 after purchasing an additional 3,196,091 shares in the last quarter. Hedge funds and other 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.