Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have been given a consensus recommendation of “Moderate Buy” by the five brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several research analysts have weighed in on DB shares. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Finally, Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of hedge funds and other institutional investors have recently modified their holdings of DB. Versant Capital Management Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $43,000. Jones Financial Companies Lllp grew its holdings in Deutsche Bank Aktiengesellschaft by 1,270.5% during the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after purchasing an additional 3,748 shares during the period. Activest Wealth Management bought a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $86,000. Finally, Smartleaf Asset Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 218.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after purchasing an additional 4,992 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

DB stock opened at $21.49 on Friday. The business’s 50-day moving average price is $19.03 and its two-hundred day moving average price is $17.60. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The firm has a market cap of $42.81 billion, a PE ratio of 15.46 and a beta of 1.22. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.31 and a 1-year high of $21.96.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be given a $0.5122 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a dividend yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s payout ratio is currently 15.18%.

Deutsche Bank Aktiengesellschaft Company Profile

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.