Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Unusually-High Trading Volume

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw strong trading volume on Friday . 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

Several equities research analysts have weighed in on the stock. Erste Group Bank raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. 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. Finally, Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

The company has a market capitalization of $32.94 billion, a P/E ratio of 7.28, a price-to-earnings-growth ratio of 0.88 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. The company’s 50 day moving average is $14.52 and its 200-day moving average is $13.04.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Friday, February 2nd. The bank reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.35. The business had revenue of $5.81 billion during the quarter, compared to analyst estimates 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 EPS for the current fiscal year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of institutional investors and hedge funds have recently bought and sold shares of DB. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its stake in shares of Deutsche Bank Aktiengesellschaft by 10.4% in the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,620,402 shares of the bank’s stock worth $25,519,000 after acquiring an additional 152,498 shares during the period. Radnor Capital Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 7.6% in the first quarter. Radnor Capital Management LLC now owns 48,200 shares of the bank’s stock worth $760,000 after acquiring an additional 3,400 shares during the period. Aprio Wealth Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 8.1% in the first quarter. Aprio Wealth Management LLC now owns 14,082 shares of the bank’s stock worth $222,000 after acquiring an additional 1,050 shares during the period. Park Avenue Securities LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 37.2% in the first quarter. Park Avenue Securities LLC now owns 19,591 shares of the bank’s stock worth $309,000 after acquiring an additional 5,317 shares during the period. Finally, Banque Cantonale Vaudoise grew its stake in shares of Deutsche Bank Aktiengesellschaft by 4.0% in the first quarter. Banque Cantonale Vaudoise now owns 41,920 shares of the bank’s stock worth $661,000 after acquiring an additional 1,600 shares during the period. 27.90% of the stock is currently owned by 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.