Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Large Volume Increase - Here's Why

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 2,318,404 shares changed hands during mid-day 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

DB has been the subject of several recent analyst reports. Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Finally, Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Trading Up 1.8 %

The company has a 50 day simple moving average of $19.34 and a two-hundred day simple moving average of $17.77. 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 firm has a market cap of $48.44 billion, a PE ratio of 17.50 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. Analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal 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. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 1.7%. Deutsche Bank Aktiengesellschaft's payout ratio is presently 15.18%.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

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

About Deutsche Bank Aktiengesellschaft

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.