Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Strong Trading Volume

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) saw unusually-strong trading volume on Friday . Approximately 2,239,912 shares were traded during trading, a decline of 34% from the previous session’s volume of 3,400,049 shares.The stock last traded at $15.95 and had previously closed at $15.80.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on DB shares. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. 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. Erste Group Bank raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Finally, Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.56. The company has a fifty day moving average price of $14.59 and a two-hundred day moving average price of $13.10. The firm has a market cap of $32.88 billion, a P/E ratio of 7.26, a PEG ratio of 0.89 and a beta of 1.32.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.37 by $0.35. The firm had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $7.46 billion. Deutsche Bank Aktiengesellschaft had a net margin of 6.86% and a return on equity of 5.37%. Equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several hedge funds and other institutional investors have recently modified their holdings of the company. Anchor Investment Management LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $41,000. Blue Trust Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 221.4% during the 4th quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock worth $53,000 after acquiring an additional 2,674 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 26.9% in the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after purchasing an additional 1,163 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter worth $76,000. Finally, Charles Schwab Investment Management Inc. acquired a new position in Deutsche Bank Aktiengesellschaft during the first quarter worth $104,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

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.