Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Up 24.0% in December

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,263,893 shares, an increase of 24.0% from the November 30th total of 7,470,008 shares. Based on an average trading volume of 2,435,535 shares, the short-interest ratio is currently 3.8 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 2,435,535 shares, the short-interest ratio is currently 3.8 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Liontrust Investment Partners LLP acquired a new position in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $147,318,000. Henry James International Management Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 121.4% during the second quarter. Henry James International Management Inc. now owns 189,208 shares of the bank’s stock worth $5,540,000 after acquiring an additional 103,747 shares during the period. QRG Capital Management Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 8.4% in the second quarter. QRG Capital Management Inc. now owns 277,714 shares of the bank’s stock valued at $8,131,000 after purchasing an additional 21,465 shares during the last quarter. Amundi increased its stake in shares of Deutsche Bank Aktiengesellschaft by 15.3% during the second quarter. Amundi now owns 40,664,519 shares of the bank’s stock worth $1,182,931,000 after purchasing an additional 5,403,011 shares during the period. Finally, HB Wealth Management LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth approximately $256,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DB. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, November 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. Finally, Jefferies Financial Group assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They issued a “hold” rating for the company. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.5%

DB traded down $0.19 during trading hours on Wednesday, hitting $38.62. 497,155 shares of the company’s stock were exchanged, compared to its average volume of 2,915,891. The stock has a market cap of $76.94 billion, a price-to-earnings ratio of 14.26, a PEG ratio of 0.41 and a beta of 0.95. Deutsche Bank Aktiengesellschaft has a 1-year low of $16.97 and a 1-year high of $39.78. The stock’s 50-day moving average is $36.48 and its two-hundred day moving average is $34.56. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.40.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. The firm had revenue of $9.44 billion for the quarter, compared to analyst estimates of $7.75 billion. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal 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.