Traders Buy Large Volume of Put Options on Deutsche Bank Aktiengesellschaft (NYSE:DB)

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) was the target of some unusual options trading on Tuesday. Stock traders acquired 10,603 put options on the stock. This represents an increase of approximately 426% compared to the typical volume of 2,017 put options.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DB shares. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. StockNews.com raised 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 report on Monday, February 3rd. Finally, Barclays reaffirmed 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 assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Up 13.7 %

NYSE DB traded up $2.89 on Wednesday, reaching $23.88. 10,984,395 shares of the stock traded hands, compared to its average volume of 2,926,311. 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 company has a fifty day moving average price of $19.34 and a 200-day moving average price of $17.77. The company has a market cap of $47.56 billion, a price-to-earnings ratio of 17.18 and a beta of 1.22. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.63 and a 12 month high of $23.96.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released 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 return on equity of 3.90% and a net margin of 4.66%. As a group, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Wellington Management Group LLP raised its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% in the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank's stock worth $37,964,000 after acquiring an additional 1,686,776 shares in the last quarter. Cerity Partners LLC grew its stake 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 buying an additional 42,860 shares during the last quarter. Ritholtz Wealth Management grew its stake in Deutsche Bank Aktiengesellschaft by 10.9% during the 4th quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank's stock worth $2,771,000 after buying an additional 15,917 shares during the last quarter. Plato Investment Management Ltd grew its stake in Deutsche Bank Aktiengesellschaft by 53.7% during the 4th quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank's stock worth $6,632,000 after buying an additional 133,960 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in Deutsche Bank Aktiengesellschaft by 31.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank's stock worth $2,078,000 after buying an additional 29,042 shares during the last quarter. 27.90% of the stock is owned by institutional investors.

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.