Deutsche Bank Aktiengesellschaft (NYSE:DB) Reaches New 1-Year High at $16.40

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) reached a new 52-week high during trading on Tuesday . The company traded as high as $16.40 and last traded at $16.35, with a volume of 431638 shares traded. The stock had previously closed at $16.24.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Citigroup cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Finally, Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.2 %

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 market capitalization of $34.05 billion, a PE ratio of 7.52, a price-to-earnings-growth ratio of 0.91 and a beta of 1.32. The business’s 50-day simple moving average is $14.81 and its 200-day simple moving average is $13.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a net margin of 6.86% and a return on equity of 5.37%. The company had revenue of $5.81 billion during the quarter, compared to analyst estimates of $7.46 billion. As a group, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.22 EPS for the current fiscal year.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors have recently bought and sold shares of the business. Deutsche Bank AG raised its position in Deutsche Bank Aktiengesellschaft by 64.0% during the 3rd quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank’s stock worth $593,411,000 after buying an additional 21,080,301 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 5.6% during the 3rd quarter. American Century Companies Inc. now owns 676,884 shares of the bank’s stock valued at $7,439,000 after purchasing an additional 36,012 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,530,094 shares of the bank’s stock valued at $39,057,000 after purchasing an additional 661,034 shares in the last quarter. Toronto Dominion Bank purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at approximately $10,511,000. Finally, Mackenzie Financial Corp increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 19.4% during the 4th quarter. Mackenzie Financial Corp now owns 384,707 shares of the bank’s stock valued at $5,250,000 after purchasing an additional 62,427 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

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.