Traders Purchase High Volume of Deutsche Bank Aktiengesellschaft Put Options (NYSE:DB)

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw some unusual options trading on Tuesday. Investors bought 10,603 put options on the company. This is an increase of 426% compared to the typical volume of 2,017 put options.

Deutsche Bank Aktiengesellschaft Stock Down 2.7 %

Shares of NYSE:DB traded down $0.58 during midday trading on Tuesday, reaching $21.01. 5,802,544 shares of the company were exchanged, compared to its average volume of 2,640,739. The firm has a market cap of $41.84 billion, a PE ratio of 15.11 and a beta of 1.22. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $13.57 and a fifty-two week high of $22.14. The stock has a fifty day simple moving average of $19.13 and a two-hundred day simple moving average of $17.69.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. As a group, sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.5122 per share. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is currently 15.18%.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of institutional investors have recently made changes to their positions in DB. Wellington Management Group LLP increased its stake in Deutsche Bank Aktiengesellschaft by 332.0% in the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock valued at $37,964,000 after buying an additional 1,686,776 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 77.2% in the 3rd quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after acquiring an additional 42,860 shares in the last quarter. Ritholtz Wealth Management increased its position in shares of Deutsche Bank Aktiengesellschaft by 10.9% in the fourth quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock valued at $2,771,000 after acquiring an additional 15,917 shares during the last quarter. Plato Investment Management Ltd raised its holdings in Deutsche Bank Aktiengesellschaft by 53.7% during the fourth quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank’s stock worth $6,632,000 after acquiring an additional 133,960 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Deutsche Bank Aktiengesellschaft by 31.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank’s stock valued at $2,078,000 after purchasing an additional 29,042 shares during the last quarter. Institutional investors own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DB. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. Finally, Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Moderate Buy”.

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.