Danske Bank A/S (OTCMKTS:DNKEY) Shares Down 0.7% – Here’s Why

Danske Bank A/S (OTCMKTS:DNKEY) shares were down 0.7% on Thursday . The company traded as low as $14.67 and last traded at $14.81. Approximately 54,244 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 35,954 shares. The stock had previously closed at $14.91.

Analyst Ratings Changes

DNKEY has been the topic of several research reports. Barclays raised Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st. UBS Group upgraded Danske Bank A/S to a “strong-buy” rating in a research note on Monday, October 7th. Finally, The Goldman Sachs Group raised Danske Bank A/S to a “hold” rating in a report on Friday, September 27th.

Danske Bank A/S Stock Down 1.5 %

The stock has a fifty day moving average of $14.46 and a two-hundred day moving average of $14.84. The stock has a market cap of $24.77 billion, a price-to-earnings ratio of 7.41 and a beta of 0.90.

Danske Bank A/S (OTCMKTS:DNKEY) last posted its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. Danske Bank A/S had a net margin of 42.04% and a return on equity of 13.40%. The company had revenue of $2.04 billion during the quarter. On average, research analysts expect that Danske Bank A/S will post 1.84 EPS for the current year.

Danske Bank A/S Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 19th were issued a dividend of $0.4604 per share. This is a boost from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date of this dividend was Thursday, December 19th. Danske Bank A/S’s dividend payout ratio (DPR) is 39.09%.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.