Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Large Volume Increase – Here’s Why

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw unusually-strong trading volume on Tuesday . Approximately 2,318,404 shares traded hands during trading, a decline of 9% from the previous session’s volume of 2,535,174 shares.The stock last traded at $20.39 and had previously closed at $21.58.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DB. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Finally, The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

The stock has a market capitalization of $41.83 billion, a P/E ratio of 15.12 and a beta of 1.22. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The company has a 50-day moving average price of $19.13 and a two-hundred day moving average price of $17.69.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) 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%. Equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DB. Capital International Investors lifted its position in Deutsche Bank Aktiengesellschaft by 9.4% in the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock worth $1,510,097,000 after buying an additional 7,558,488 shares during the last quarter. Norges Bank bought a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth $773,016,000. Amundi boosted its position in Deutsche Bank Aktiengesellschaft by 23.6% during the fourth quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after buying an additional 7,484,594 shares during the period. Marshall Wace LLP grew its stake in shares of Deutsche Bank Aktiengesellschaft by 18.7% during the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after buying an additional 2,369,480 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 199.8% in the fourth quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock worth $222,715,000 after buying an additional 8,617,662 shares during the period. 27.90% of the stock is currently owned by institutional investors.

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.