Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Update

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 12,140,000 shares, a decrease of 10.4% from the August 15th total of 13,550,000 shares. Based on an average daily trading volume, of 2,280,000 shares, the days-to-cover ratio is presently 5.3 days. Currently, 0.6% of the company’s stock are sold short.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB traded down $0.21 during trading on Monday, hitting $10.72. The stock had a trading volume of 2,441,358 shares, compared to its average volume of 3,481,771. Deutsche Bank Aktiengesellschaft has a 12-month low of $7.24 and a 12-month high of $13.57. The stock has a market capitalization of $22.16 billion, a price-to-earnings ratio of 4.53, a price-to-earnings-growth ratio of 0.68 and a beta of 1.33. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.69. The stock has a 50-day simple moving average of $10.87 and a two-hundred day simple moving average of $10.68.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.24). Deutsche Bank Aktiengesellschaft had a return on equity of 4.55% and a net margin of 9.02%. The firm had revenue of $8.06 billion during the quarter, compared to analysts’ expectations of $7.28 billion. On average, equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DB. StockNews.com cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday, August 31st. Societe Generale cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Monday, July 10th. Finally, Keefe, Bruyette & Woods cut Deutsche Bank Aktiengesellschaft from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.00.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Financial Management Professionals Inc. acquired a new stake in Deutsche Bank Aktiengesellschaft during the first quarter worth about $27,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the first quarter worth about $29,000. CWM LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 33.6% during the first quarter. CWM LLC now owns 5,011 shares of the bank’s stock worth $51,000 after acquiring an additional 1,261 shares during the period. Ronald Blue Trust Inc. grew its holdings in Deutsche Bank Aktiengesellschaft by 55.7% during the first quarter. Ronald Blue Trust Inc. now owns 5,585 shares of the bank’s stock worth $64,000 after acquiring an additional 1,997 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the first quarter worth about $65,000. 21.91% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.