Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Large Growth in Short Interest

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,140,000 shares, an increase of 35.0% from the February 13th total of 7,510,000 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 2,540,000 shares, the days-to-cover ratio is currently 4.0 days.

Wall Street Analysts Forecast Growth

DB has been the topic of a number of research analyst reports. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Finally, StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. One equities research analyst has 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, the stock has a consensus rating of “Buy”.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Callan Family Office LLC bought a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $1,320,000. Wellington Management Group LLP lifted its holdings in Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock valued at $37,964,000 after purchasing an additional 1,686,776 shares during the last quarter. Cerity Partners LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 77.2% during the 3rd quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after purchasing an additional 42,860 shares during the last quarter. Plato Investment Management Ltd lifted its holdings in Deutsche Bank Aktiengesellschaft by 53.7% during the 4th quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank’s stock valued at $6,632,000 after purchasing an additional 133,960 shares during the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in Deutsche Bank Aktiengesellschaft by 10.9% during the 4th quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock valued at $2,771,000 after purchasing an additional 15,917 shares during the last quarter. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB traded up $0.96 during midday trading on Tuesday, reaching $24.91. 2,385,325 shares of the company’s stock were exchanged, compared to its average volume of 2,213,558. The company’s 50 day simple moving average is $20.36 and its two-hundred day simple moving average is $18.21. The firm has a market capitalization of $49.63 billion, a PE ratio of 17.93 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $24.95. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data 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 return on equity of 3.90% and a net margin of 4.66%. Equities research analysts expect 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 disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be issued a dividend of $0.5122 per share. This represents a dividend yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is presently 15.18%.

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.