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

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,435,465 shares, a decrease of 15.3% from the February 12th total of 6,414,347 shares. Based on an average daily volume of 2,967,614 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 2,967,614 shares, the short-interest ratio is currently 1.8 days.

Deutsche Bank Aktiengesellschaft Trading Up 3.5%

Shares of NYSE:DB traded up $1.00 during trading on Monday, reaching $29.96. 527,968 shares of the company’s stock traded hands, compared to its average volume of 3,245,172. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.10 and a quick ratio of 1.10. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $18.89 and a fifty-two week high of $40.43. The company has a 50-day simple moving average of $36.66 and a 200-day simple moving average of $36.31.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.16. The company had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.44% and a net margin of 10.02%. On average, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st will be paid a dividend of $1.00 per share. This represents a dividend yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, January 21st. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Citigroup reissued a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its position in Deutsche Bank Aktiengesellschaft by 15.9% during the first quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock worth $3,005,000 after acquiring an additional 17,262 shares during the period. Focus Partners Wealth acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the first quarter valued at about $795,000. Sivia Capital Partners LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth about $413,000. Savant Capital LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 33.0% during the 2nd quarter. Savant Capital LLC now owns 11,529 shares of the bank’s stock worth $338,000 after purchasing an additional 2,863 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in Deutsche Bank Aktiengesellschaft by 54.0% in the 2nd quarter. Allworth Financial LP now owns 2,143 shares of the bank’s stock valued at $63,000 after buying an additional 751 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.