Deutsche Bank Aktiengesellschaft (NYSE:DB) Hits New 12-Month High - Time to Buy?

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $25.22 and last traded at $25.20, with a volume of 161831 shares trading hands. The stock had previously closed at $24.76.

Analysts Set New Price Targets

Several analysts have commented on the stock. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Citigroup reissued a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of "Buy".

Deutsche Bank Aktiengesellschaft Price Performance

The firm has a market capitalization of $47.76 billion, a P/E ratio of 17.25 and a beta of 1.23. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The firm has a 50 day moving average price of $21.45 and a 200-day moving average price of $18.65.

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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 earnings per share (EPS) 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%. On average, analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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 paid a $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This represents a yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft's dividend payout ratio (DPR) is presently 15.18%.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several institutional investors and hedge funds have recently modified their holdings of DB. Charles Schwab Investment Management Inc. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 16.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 143,505 shares of the bank's stock worth $2,484,000 after buying an additional 20,478 shares during the period. Cerity Partners LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 77.2% during the 3rd quarter. Cerity Partners LLC now owns 98,381 shares of the bank's stock worth $1,703,000 after acquiring an additional 42,860 shares in the last quarter. FMR LLC increased its position in Deutsche Bank Aktiengesellschaft by 13.7% during the 3rd quarter. FMR LLC now owns 1,647,327 shares of the bank's stock valued at $28,419,000 after purchasing an additional 198,404 shares during the period. Townsquare Capital LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $273,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth approximately $3,022,000. 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.