Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Update

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 9,390,000 shares, an increase of 8.7% from the May 31st total of 8,640,000 shares. Based on an average trading volume of 2,510,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 0.5% of the company’s shares are short sold.

Deutsche Bank Aktiengesellschaft Stock Up 3.8 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $17.03 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12 month low of $9.82 and a 12 month high of $17.95. The business has a fifty day simple moving average of $16.55 and a 200 day simple moving average of $14.95. The stock has a market cap of $35.20 billion, a PE ratio of 7.44, a price-to-earnings-growth ratio of 0.88 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, April 25th. The bank reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 5.47% and a net margin of 6.68%. The business had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.13 billion. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.25 EPS for the current year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, May 21st. Shareholders of record on Thursday, May 16th were paid a $0.3313 dividend. The ex-dividend date was Friday, May 17th. This represents a yield of 2.05%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DB. Capital International Investors grew its stake in Deutsche Bank Aktiengesellschaft by 163.4% in the first quarter. Capital International Investors now owns 48,638,662 shares of the bank’s stock valued at $765,173,000 after acquiring an additional 30,173,405 shares during the period. Norges Bank acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $326,093,000. Deutsche Bank AG boosted its position in shares of Deutsche Bank Aktiengesellschaft by 54.9% during the third quarter. Deutsche Bank AG now owns 50,995,538 shares of the bank’s stock worth $560,441,000 after buying an additional 18,080,301 shares during the period. Acadian Asset Management LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 81.9% during the first quarter. Acadian Asset Management LLC now owns 16,069,955 shares of the bank’s stock worth $253,048,000 after buying an additional 7,237,525 shares during the period. Finally, Capital International Inc. CA boosted its position in shares of Deutsche Bank Aktiengesellschaft by 414.1% during the first quarter. Capital International Inc. CA now owns 7,371,601 shares of the bank’s stock worth $115,971,000 after buying an additional 5,937,749 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DB. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.