After this morning's 2.3% surge to $15.5 per share, Deutsche Bank Aktiengesellschaft might just keep moving past its target price of $15.93. With an average analyst rating of hold, and target prices from $15.93 to $15.93, the stock's next move is anyone's guess.
The stock has a very low short interest at 0.4%, and a short ratio of 5.18. The company's insiders own 7.96% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 47.8% of Deutsche Bank Aktiengesellschaft's shares being owned by this investor type.
Institutions Invested in Deutsche Bank Aktiengesellschaft
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Deutsche Bank Aktiengesellschaft | 4% | 82,501,407 | $1,278,771,808 |
| 2024-06-30 | Vanguard Group Inc | 4% | 78,271,833 | $1,213,213,411 |
| 2024-06-30 | Capital International Investors | 4% | 73,269,816 | $1,135,682,148 |
| 2024-06-30 | Arrowstreet Capital, Limited Partnership | 2% | 45,338,227 | $702,742,518 |
| 2024-06-30 | UBS Group AG | 1% | 27,732,969 | $429,861,019 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 27,174,620 | $421,206,610 |
| 2024-06-30 | Amundi | 1% | 23,536,508 | $364,815,874 |
| 2024-06-30 | Legal & General Group PLC | 1% | 20,181,236 | $312,809,158 |
| 2024-06-30 | Hudson Executive Capital, LP | 1% | 17,274,575 | $267,755,912 |
| 2024-06-30 | DekaBank Deutsche Girozentrale | 1% | 17,240,984 | $267,235,252 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Deutsche Bank Aktiengesellschaft.
