Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Rating of “Buy” by Analysts

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have been assigned a consensus rating of “Buy” from the five ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

A number of 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. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Versant Capital Management Inc bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. Farther Finance Advisors LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 96.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank’s stock worth $39,000 after purchasing an additional 800 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Deutsche Bank Aktiengesellschaft by 21.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank’s stock worth $57,000 after purchasing an additional 424 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at $43,000. Finally, Jones Financial Companies Lllp boosted its position in shares of 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 valued at $69,000 after buying an additional 3,748 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $23.29 on Tuesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The stock has a market capitalization of $46.39 billion, a PE ratio of 16.76 and a beta of 1.03. The stock’s 50 day moving average price is $22.57 and its 200-day moving average price is $19.42. Deutsche Bank Aktiengesellschaft has a 52-week low of $13.70 and a 52-week high of $25.33.

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

Deutsche Bank Aktiengesellschaft Increases Dividend

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