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

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw a significant increase in short interest in 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. Based on an average daily trading volume, of 2,540,000 shares, the short-interest ratio is currently 4.0 days. Currently, 0.6% of the company’s shares are sold short.

Deutsche Bank Aktiengesellschaft Stock Up 5.3 %

DB stock traded up $1.22 during midday trading on Friday, reaching $24.20. 4,613,121 shares of the company’s stock traded hands, compared to its average volume of 2,202,621. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $24.44. The company has a market cap of $48.20 billion, a price-to-earnings ratio of 17.41 and a beta of 1.23. The firm’s fifty day moving average price is $20.23 and its 200-day moving average price is $18.15. 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 (NYSE:DB) last released 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 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 fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Analyst Ratings Changes

Several analysts recently commented on the company. 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 raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Finally, Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. One 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

A number of hedge funds have recently bought and sold shares of DB. Versant Capital Management Inc bought a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $43,000. Jones Financial Companies Lllp boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after buying an additional 3,748 shares during the last quarter. Activest Wealth Management bought a new position in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $86,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 218.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after acquiring an additional 4,992 shares during the period. 27.90% of the stock is owned by hedge funds and other institutional investors.

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.