Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Rating of “Hold” by Analysts

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have been given an average recommendation of “Hold” by the four research firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating.

DB has been the topic of several research analyst reports. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Citigroup downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Finally, Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday.

Deutsche Bank Aktiengesellschaft Trading Up 0.6 %

DB opened at $15.37 on Wednesday. The stock has a fifty day moving average price of $13.60 and a 200-day moving average price of $12.47. Deutsche Bank Aktiengesellschaft has a 12 month low of $9.52 and a 12 month high of $15.49. The firm has a market cap of $31.76 billion, a price-to-earnings ratio of 7.02, a PEG ratio of 0.86 and a beta of 1.30. 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 announced its earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. The company had revenue of $5.81 billion for the quarter, compared to analyst estimates of $7.46 billion. As a group, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.21 earnings per share for the current fiscal year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of hedge funds have recently modified their holdings of the stock. Legal & General Group Plc boosted its position in Deutsche Bank Aktiengesellschaft by 0.9% during the fourth quarter. Legal & General Group Plc now owns 88,800 shares of the bank’s stock worth $1,008,000 after purchasing an additional 831 shares in the last quarter. Ballentine Partners LLC boosted its position in Deutsche Bank Aktiengesellschaft by 8.7% during the fourth quarter. Ballentine Partners LLC now owns 11,193 shares of the bank’s stock worth $152,000 after purchasing an additional 899 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Deutsche Bank Aktiengesellschaft by 1.0% during the third quarter. Assenagon Asset Management S.A. now owns 108,153 shares of the bank’s stock worth $1,197,000 after purchasing an additional 1,100 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in Deutsche Bank Aktiengesellschaft by 6.2% during the third quarter. Dorsey & Whitney Trust CO LLC now owns 19,293 shares of the bank’s stock worth $212,000 after purchasing an additional 1,128 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 26.9% during the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock worth $74,000 after purchasing an additional 1,163 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.