Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Average Rating of “Buy” by Brokerages

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have earned a consensus recommendation of “Buy” from the five ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

A number of research firms recently issued reports on DB. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Royal Bank of Canada reiterated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th.

Deutsche Bank Aktiengesellschaft Stock Down 2.1 %

Shares of NYSE DB opened at $23.97 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The stock has a market capitalization of $47.76 billion, a PE ratio of 17.25 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $25.33. The business’s fifty day moving average price is $21.55 and its 200-day moving average price is $18.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share 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%. On average, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Several hedge funds have recently added to or reduced their stakes in the company. Capital International Investors raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock valued at $1,510,097,000 after buying an additional 7,558,488 shares in the last quarter. Norges Bank purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth approximately $773,016,000. Amundi lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.6% in the 4th quarter. Amundi now owns 39,176,325 shares of the bank’s stock worth $678,926,000 after acquiring an additional 7,484,594 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 18.7% in the 4th quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after purchasing an additional 2,369,480 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 199.8% during the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after purchasing an additional 8,617,662 shares during the last quarter. 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.