Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Update

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 6,662,962 shares, a growth of 25.8% from the December 31st total of 5,295,664 shares. Based on an average daily trading volume, of 2,444,236 shares, the days-to-cover ratio is presently 2.7 days. Based on an average daily trading volume, of 2,444,236 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Hedge funds have recently added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI increased its position in shares of Deutsche Bank Aktiengesellschaft by 574.0% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 3,125,577 shares of the bank’s stock valued at $110,677,000 after purchasing an additional 2,661,833 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 43.2% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 131,626 shares of the bank’s stock worth $4,673,000 after buying an additional 39,717 shares during the last quarter. Mediolanum International Funds Ltd boosted its stake in Deutsche Bank Aktiengesellschaft by 50.8% in the third quarter. Mediolanum International Funds Ltd now owns 273,437 shares of the bank’s stock worth $9,632,000 after buying an additional 92,166 shares in the last quarter. Liontrust Investment Partners LLP bought a new position in Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $147,318,000. Finally, Generali Asset Management SPA SGR raised its stake in shares of Deutsche Bank Aktiengesellschaft by 51.9% during the third quarter. Generali Asset Management SPA SGR now owns 408,691 shares of the bank’s stock worth $14,472,000 after acquiring an additional 139,630 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

DB has been the topic of several recent research reports. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Jefferies Financial Group began coverage on Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They issued a “hold” rating for the company. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. Finally, Barclays raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. 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. Based on data from MarketBeat, the company has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Up 0.6%

Shares of DB traded up $0.24 during trading hours on Tuesday, reaching $39.84. 3,663,717 shares of the company’s stock traded hands, compared to its average volume of 2,732,224. Deutsche Bank Aktiengesellschaft has a 12 month low of $18.73 and a 12 month high of $40.43. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.76. The firm’s 50 day simple moving average is $38.27 and its 200-day simple moving average is $36.30.

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

Deutsche Bank Aktiengesellschaft Company Profile

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.