Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Rating Upgraded by Morgan Stanley

Deutsche Bank Aktiengesellschaft (NYSE:DB) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Wednesday, MarketBeat reports.

Several other research firms have also recently weighed in on DB. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Erste Group Bank raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Finally, Citigroup lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report 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. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 1.2 %

DB opened at $15.77 on Wednesday. Deutsche Bank Aktiengesellschaft has a 1-year low of $9.82 and a 1-year high of $15.97. The stock’s fifty day simple moving average is $13.71 and its 200 day simple moving average is $12.52. 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 stock has a market cap of $32.58 billion, a PE ratio of 7.20, a price-to-earnings-growth ratio of 0.87 and a beta of 1.30.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Friday, February 2nd. The bank reported $0.72 earnings per share 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 analysts’ expectations of $7.46 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. As a group, research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.21 earnings per share for the current year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several large investors have recently bought and sold shares of the business. Anchor Investment Management LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $41,000. Blue Trust Inc. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 221.4% during the fourth quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock valued at $53,000 after purchasing an additional 2,674 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at about $44,000. Parallel Advisors LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 26.9% during 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 in the last quarter. Finally, Headlands Technologies LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $119,000. 27.90% of the stock is owned by institutional investors and hedge funds.

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.