Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Down 18.5% in March

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 8,260,000 shares, a decline of 18.5% from the February 28th total of 10,140,000 shares. Based on an average daily trading volume, of 3,010,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 0.5% of the company’s stock are sold short.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB opened at $23.86 on Tuesday. 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 has a fifty-two week low of $13.70 and a fifty-two week high of $25.33. The firm has a 50-day simple moving average of $21.64 and a 200-day simple moving average of $18.80. The company has a market capitalization of $47.53 billion, a price-to-earnings ratio of 17.16 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on DB. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at $773,016,000. Franklin Resources Inc. grew its stake in Deutsche Bank Aktiengesellschaft by 199.8% in the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after acquiring an additional 8,617,662 shares during the last quarter. Capital International Investors increased its holdings in Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock valued at $1,510,097,000 after acquiring an additional 7,558,488 shares in the last quarter. Amundi lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.6% in the fourth quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after purchasing an additional 7,484,594 shares in the last quarter. Finally, Marshall Wace LLP grew its position in shares of Deutsche Bank Aktiengesellschaft by 18.7% in the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after purchasing an additional 2,369,480 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.