Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) was the recipient of some unusual options trading activity on Thursday. Traders acquired 15,455 call options on the stock. This represents an increase of approximately 547% compared to the typical volume of 2,389 call options.
Analysts Set New Price Targets
A number of research analysts have commented on DB shares. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on DB
Deutsche Bank Aktiengesellschaft Stock Performance
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. On average, analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be issued a $0.5122 dividend. This represents a yield of 1.7%. The ex-dividend date is Friday, May 23rd. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is 15.18%.
Institutional Trading of Deutsche Bank Aktiengesellschaft
Hedge funds and other institutional investors have recently bought and sold shares of the business. US Bancorp DE raised its position in shares of Deutsche Bank Aktiengesellschaft by 3.5% during the 3rd quarter. US Bancorp DE now owns 46,587 shares of the bank’s stock worth $806,000 after acquiring an additional 1,590 shares in the last quarter. QRG Capital Management Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 8.0% during the third quarter. QRG Capital Management Inc. now owns 366,755 shares of the bank’s stock worth $6,349,000 after purchasing an additional 27,144 shares in the last quarter. M&G PLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $10,354,000. Fiera Capital Corp boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 124.3% in the 3rd quarter. Fiera Capital Corp now owns 127,101 shares of the bank’s stock valued at $2,200,000 after buying an additional 70,425 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 29.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 166,809 shares of the bank’s stock valued at $2,887,000 after buying an additional 37,904 shares during the last quarter. 27.90% of the stock is currently 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.
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