Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Average Rating of “Buy” from Analysts

Deutsche Bank Aktiengesellschaft (NYSE:DB) has earned a consensus rating of “Buy” from the four research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

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

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Venturi Wealth Management LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 1.6% in the 4th quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock worth $562,000 after purchasing an additional 513 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank’s stock worth $242,000 after purchasing an additional 537 shares during the last quarter. Truist Financial Corp increased its position in shares of Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank’s stock worth $235,000 after purchasing an additional 636 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% in the 4th quarter. Cetera Investment Advisers now owns 19,438 shares of the bank’s stock worth $331,000 after purchasing an additional 738 shares during the last quarter. Finally, Pitcairn Co. increased its position in shares of Deutsche Bank Aktiengesellschaft by 5.7% in the 4th quarter. Pitcairn Co. now owns 13,742 shares of the bank’s stock worth $234,000 after purchasing an additional 740 shares during the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 0.4 %

NYSE DB traded down $0.09 during mid-day trading on Friday, hitting $20.31. The company’s stock had a trading volume of 1,981,856 shares, compared to its average volume of 1,961,935. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 52-week low of $13.20 and a 52-week high of $20.96. The stock’s fifty day simple moving average is $18.64 and its two-hundred day simple moving average is $17.36. The firm has a market capitalization of $40.45 billion, a P/E ratio of 14.61 and a beta of 1.22.

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 net margin of 4.66% and a return on equity of 3.90%. Research analysts expect 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. Shareholders of record on Monday, May 26th will be issued a $0.5122 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 1.7%. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s payout ratio is currently 51.08%.

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.