Deutsche Bank Aktiengesellschaft (NYSE:DB) Reaches New 52-Week High - Here's What Happened

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $22.12 and last traded at $22.08, with a volume of 321281 shares changing hands. The stock had previously closed at $21.49.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Wednesday, February 5th. Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Finally, Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

The firm has a market capitalization of $42.99 billion, a P/E ratio of 15.53 and a beta of 1.22. 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 $19.13 and a 200-day moving average price of $17.69.

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 declared an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be issued 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 presently 15.18%.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several institutional investors have recently added to or reduced their stakes in DB. US Bancorp DE raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 3.5% in the third quarter. US Bancorp DE now owns 46,587 shares of the bank's stock worth $806,000 after buying an additional 1,590 shares during the period. QRG Capital Management Inc. grew its position in Deutsche Bank Aktiengesellschaft by 8.0% in the 3rd quarter. QRG Capital Management Inc. now owns 366,755 shares of the bank's stock valued at $6,349,000 after acquiring an additional 27,144 shares during the last quarter. M&G PLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the third quarter worth $10,354,000. Fiera Capital Corp lifted its position in shares of Deutsche Bank Aktiengesellschaft by 124.3% during the third quarter. Fiera Capital Corp now owns 127,101 shares of the bank's stock worth $2,200,000 after purchasing an additional 70,425 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 29.4% during the third quarter. Crossmark Global Holdings Inc. now owns 166,809 shares of the bank's stock valued at $2,887,000 after purchasing an additional 37,904 shares during the period. 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.