Deutsche Bank AG (NYSE:DB) shares fell 3.9% on Wednesday . The company traded as low as $13.60 and last traded at $13.62, with a volume of 4,772,394 shares traded. The stock had previously closed at $14.18.

A number of brokerages have recently weighed in on DB. Keefe, Bruyette & Woods cut shares of Deutsche Bank AG from a “market perform” rating to an “underperform” rating in a research note on Friday, April 29th. Vetr cut shares of Deutsche Bank AG from a “buy” rating to a “hold” rating and set a $20.15 price objective for the company. in a research note on Friday, April 29th. DZ Bank AG reissued a “neutral” rating on shares of Deutsche Bank AG in a research note on Thursday, April 28th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Deutsche Bank AG in a research note on Monday, April 25th. Finally, Equinet Institutional Services reissued a “neutral” rating on shares of Deutsche Bank AG in a research note on Thursday, April 21st. Five equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the stock. Deutsche Bank AG presently has a consensus rating of “Hold” and an average price target of $21.00.

The firm’s 50-day moving average is $14.66 and its 200-day moving average is $17.07. The firm’s market cap is $18.63 billion.

Other hedge funds have added to or reduced their stakes in the company. Schroder Investment Management Group increased its stake in Deutsche Bank AG by 7.8% in the fourth quarter. Schroder Investment Management Group now owns 9,025,293 shares of the company’s stock worth $203,294,000 after buying an additional 649,298 shares during the last quarter. Bank of Montreal Can raised its stake in Deutsche Bank AG by 304.2% in the fourth quarter. Bank of Montreal Can now owns 967,919 shares of the company’s stock worth $23,375,000 after buying an additional 728,448 shares in the last quarter. Vanguard Group Inc. raised its stake in Deutsche Bank AG by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 29,308,802 shares of the company’s stock worth $707,807,000 after buying an additional 811,605 shares in the last quarter. Mandatum Life Insurance Co Ltd purchased a new stake in Deutsche Bank AG during the fourth quarter worth about $1,455,000. Finally, BNP Paribas Arbitrage SA raised its stake in Deutsche Bank AG by 21.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 294,282 shares of the company’s stock worth $7,107,000 after buying an additional 51,770 shares in the last quarter.

Deutsche Bank AG is a global investment bank. The Bank is a financial services provider to Indian corporate, institutional and individual clients. It operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.