Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Down 28.6% in May

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 6,750,000 shares, a decline of 28.6% from the May 15th total of 9,450,000 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,720,000 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of Deutsche Bank Aktiengesellschaft

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT bought a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter valued at approximately $39,000. Farther Finance Advisors LLC grew its position in Deutsche Bank Aktiengesellschaft by 96.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after acquiring an additional 800 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Deutsche Bank Aktiengesellschaft by 21.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock worth $57,000 after purchasing an additional 424 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% during the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock worth $69,000 after purchasing an additional 3,748 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 28,293.3% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,259 shares of the bank's stock worth $101,000 after purchasing an additional 4,244 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on DB shares. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Bank of America initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They issued a "buy" rating for the company. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Trading Up 1.1%

Shares of Deutsche Bank Aktiengesellschaft stock traded up $0.31 on Thursday, reaching $27.74. The company had a trading volume of 2,438,248 shares, compared to its average volume of 2,466,814. The firm has a market cap of $55.25 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 0.35 and a beta of 0.98. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. The firm's 50-day moving average price is $26.63 and its two-hundred day moving average price is $22.36. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $29.07.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, topping the consensus estimate of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a net margin of 5.76% and a return on equity of 4.61%. The company had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. As a group, research 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, 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.