Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Price Down 7.2% - Should You Sell?

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) dropped 7.2% during trading on Monday . The stock traded as low as $19.14 and last traded at $18.99. Approximately 11,573,905 shares changed hands during mid-day trading, an increase of 405% from the average daily volume of 2,292,465 shares. The stock had previously closed at $20.47.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of "Buy".

Deutsche Bank Aktiengesellschaft Stock Up 4.3 %

The stock's 50 day simple moving average is $22.10 and its two-hundred day simple moving average is $19.15. The firm has a market cap of $44.67 billion, a P/E ratio of 16.13 and a beta of 1.03. 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 (NYSE:DB - Get Free Report) last posted 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 net margin of 4.66% and a return on equity of 3.90%. As a group, research analysts forecast 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 paid 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%.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of institutional investors have recently made changes to their positions in DB. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $26,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the third quarter worth $43,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after buying an additional 424 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock worth $69,000 after buying an additional 3,748 shares in the last quarter. Finally, Activest Wealth Management purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth about $86,000. 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.