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

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have earned an average rating of “Hold” from the five ratings firms that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

DB has been the subject of a number of research reports. Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Finally, Citigroup cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Institutional investors and hedge funds have recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter worth $41,000. Blue Trust Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 221.4% in the 4th quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock valued at $53,000 after acquiring an additional 2,674 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 26.9% during the 4th quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after acquiring an additional 1,163 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $113,000. Finally, Callan Capital LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $118,000. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 8.7 %

NYSE:DB opened at $17.92 on Friday. The firm’s 50 day moving average is $14.90 and its 200 day moving average is $13.25. Deutsche Bank Aktiengesellschaft has a 12 month low of $9.82 and a 12 month high of $17.95. The stock has a market capitalization of $37.03 billion, a PE ratio of 8.18, a price-to-earnings-growth ratio of 0.93 and a beta of 1.32. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.56.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.35. The firm had revenue of $5.81 billion for the quarter, compared to analysts’ expectations of $7.46 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. Sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current year.

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.