Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Large Volume Increase

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 2,239,912 shares changed hands during trading, a decline of 34% from the previous session's volume of 3,400,049 shares.The stock last traded at $15.95 and had previously closed at $15.80.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DB shares. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research note on Wednesday, March 13th. Citigroup lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Wednesday, January 31st. Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research note on Wednesday, March 27th. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Monday, March 18th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Price Performance

The firm has a 50 day simple moving average of $14.59 and a 200-day simple moving average of $13.08. 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 $32.88 billion, a PE ratio of 7.26, a price-to-earnings-growth ratio of 0.88 and a beta of 1.32.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $7.46 billion. As a group, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of large investors have recently modified their holdings of the business. First Trust Direct Indexing L.P. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the first quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank's stock worth $755,000 after acquiring an additional 630 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Deutsche Bank Aktiengesellschaft by 0.9% during the fourth quarter. Legal & General Group Plc now owns 88,800 shares of the bank's stock worth $1,008,000 after acquiring an additional 831 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 8.7% during the fourth quarter. Ballentine Partners LLC now owns 11,193 shares of the bank's stock worth $152,000 after acquiring an additional 899 shares during the last quarter. Aprio Wealth Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 8.1% during the first quarter. Aprio Wealth Management LLC now owns 14,082 shares of the bank's stock worth $222,000 after acquiring an additional 1,050 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.0% during the third quarter. Assenagon Asset Management S.A. now owns 108,153 shares of the bank's stock worth $1,197,000 after purchasing an additional 1,100 shares during the period. 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.