Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 10,140,000 shares, an increase of 35.0% from the February 13th total of 7,510,000 shares. Based on an average daily volume of 2,540,000 shares, the short-interest ratio is currently 4.0 days. Approximately 0.6% of the company’s stock are short sold.
Analyst Ratings Changes
Several research analysts recently commented on the company. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Finally, Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Stock Performance
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share 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%. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The business also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be issued a $0.5122 dividend. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 15.18%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $773,016,000. Franklin Resources Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 199.8% during the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock worth $222,715,000 after acquiring an additional 8,617,662 shares during the period. Capital International Investors grew its stake in shares of Deutsche Bank Aktiengesellschaft by 9.4% in the fourth quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock worth $1,510,097,000 after purchasing an additional 7,558,488 shares in the last quarter. Amundi raised its position in shares of Deutsche Bank Aktiengesellschaft by 23.6% during the 4th quarter. Amundi now owns 39,176,325 shares of the bank’s stock worth $678,926,000 after buying an additional 7,484,594 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 18.7% in the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after buying an additional 2,369,480 shares during the period. 27.90% of the stock is currently owned by institutional investors.
Deutsche Bank Aktiengesellschaft Company Profile
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.
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