Short Interest in Deutsche Bank Aktiengesellschaft (NYSE:DB) Decreases By 18.5%

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

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

A number of hedge funds and other institutional investors have recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB increased its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank’s stock valued at $57,000 after acquiring an additional 424 shares during the period. Venturi Wealth Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 1.6% in the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock valued at $562,000 after purchasing an additional 513 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank’s stock valued at $242,000 after buying an additional 537 shares in the last quarter. Truist Financial Corp raised its stake in shares of Deutsche Bank Aktiengesellschaft by 4.8% during the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank’s stock worth $235,000 after buying an additional 636 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the 4th quarter. Cetera Investment Advisers now owns 19,438 shares of the bank’s stock valued at $331,000 after buying an additional 738 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Up 1.3 %

NYSE DB opened at $24.34 on Thursday. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a market cap of $48.49 billion, a PE ratio of 17.51 and a beta of 1.23. The stock’s 50 day moving average is $21.83 and its 200 day moving average is $18.89. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.33.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 30th. The bank reported $0.16 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%. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on DB. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Citigroup reaffirmed a “neutral” 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. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Buy”.

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.