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

Deutsche Bank Aktiengesellschaft (NYSE:DB) has been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of equities research analysts recently weighed in on DB shares. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a 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. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Mackenzie Financial Corp boosted its position in Deutsche Bank Aktiengesellschaft by 64.1% in the 4th quarter. Mackenzie Financial Corp now owns 609,613 shares of the bank’s stock valued at $10,394,000 after buying an additional 238,122 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Deutsche Bank Aktiengesellschaft by 15.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 1,908,089 shares of the bank’s stock worth $32,815,000 after purchasing an additional 259,930 shares during the last quarter. Vise Technologies Inc. bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter worth $176,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 27.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,535,464 shares of the bank’s stock worth $43,230,000 after purchasing an additional 551,653 shares during the last quarter. Finally, USS Investment Management Ltd boosted its position in shares of Deutsche Bank Aktiengesellschaft by 0.4% in the 4th quarter. USS Investment Management Ltd now owns 285,171 shares of the bank’s stock worth $4,918,000 after purchasing an additional 1,133 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 0.5 %

Shares of DB opened at $21.49 on Friday. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.31 and a 1 year high of $21.96. 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 stock has a 50 day simple moving average of $19.03 and a 200-day simple moving average of $17.60. The stock has a market cap of $42.81 billion, a PE ratio of 15.46 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its 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, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be given a $0.5122 dividend. This represents a 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 dividend payout ratio (DPR) is presently 15.18%.

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.