Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Down 20.7% in January

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 5,280,611 shares, a decline of 20.7% from the January 15th total of 6,662,962 shares. Based on an average trading volume of 3,218,645 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 3,218,645 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth $27,000. Salomon & Ludwin LLC lifted its position in Deutsche Bank Aktiengesellschaft by 2,807.4% during the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock worth $28,000 after buying an additional 758 shares during the period. Triumph Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $32,000. Cary Street Partners Investment Advisory LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 61.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after buying an additional 413 shares during the period. Finally, Westside Investment Management Inc. increased its stake in shares of Deutsche Bank Aktiengesellschaft by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock valued at $42,000 after acquiring an additional 593 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DB has been the topic of a number of recent research reports. Jefferies Financial Group assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They issued a “hold” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, January 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 8th. Citigroup reiterated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Finally, Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock traded down $1.40 during midday trading on Friday, hitting $35.27. 5,020,251 shares of the stock were exchanged, compared to its average volume of 3,116,623. The stock has a market cap of $70.26 billion, a price-to-earnings ratio of 10.28, a PEG ratio of 0.32 and a beta of 0.95. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $18.89 and a fifty-two week high of $40.43. The stock’s 50-day moving average price is $38.46 and its 200-day moving average price is $36.54. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.76.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. The firm had revenue of $8.99 billion during the quarter, compared to the consensus estimate of $7.71 billion. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, June 1st will be paid a $1.00 dividend. This represents a yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is currently 6.15%.

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.