Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Rating of "Buy" by Brokerages

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) has earned a consensus recommendation of "Buy" from the five research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

DB has been the subject of a number of recent analyst reports. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Citigroup reaffirmed 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 report on Friday, March 7th. Finally, Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd.

Deutsche Bank Aktiengesellschaft Trading Down 0.4 %

NYSE:DB traded down $0.10 during midday trading on Friday, hitting $23.86. 2,968,597 shares of the company traded hands, compared to its average volume of 2,233,998. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $25.33. The firm has a market capitalization of $47.53 billion, a P/E ratio of 17.16 and a beta of 1.23. The firm's fifty day moving average is $21.55 and its 200-day moving average is $18.74.

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Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly 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 net margin of 4.66% and a return on equity of 3.90%. On average, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be paid a $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This is a positive change from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. This represents a yield of 1.7%. Deutsche Bank Aktiengesellschaft's dividend payout ratio is 15.18%.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $43,000. Jones Financial Companies Lllp boosted its stake in Deutsche Bank Aktiengesellschaft by 1,270.5% in the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock valued at $69,000 after acquiring an additional 3,748 shares in the last quarter. Activest Wealth Management acquired a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $86,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock valued at $125,000 after acquiring an additional 4,992 shares in the last quarter. Institutional investors own 27.90% of the company's stock.

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.