What do Insider Trends Have to Say About Wells Fargo & Company (WFC)?

Marco Green
December 7, 2017

The firm invests in real estate markets of the United States. It has a 15.13 P/E ratio. 50,310 are owned by Compton Management Ri.

Clear Investment Research LLC purchased a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at $121,000.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Seekingalpha.com which released: "Wells Fargo Will Outperform" on November 10, 2017, also Investorplace.com with their article: "Flagging Earnings Momentum Make Wells Fargo & Co (WFC) a Sell" published on December 05, 2017, Reuters.com published: "In a push upmarket, Wells Fargo gives top brokers raises in 2018" on December 01, 2017. Jefferies Group LLC reissued a "hold" rating and issued a $62.00 price objective on shares of Wells Fargo & Co in a report on Wednesday, April 5th. Capital World Investors who had been investing in Wells Fargo And Co for a number of months, seems to be bullish on the $291.94B market cap company. Among active positions in the latest quarter, 729 holders increased their positions by a total of 159.78 million shares, 1,046 holders decreased the positions by a total of 146.14 million shares, and 218 holders held their positions. About 26.76 million shares traded or 46.29% up from the average.

The price of Wells Fargo & Company (NYSE:WFC) over the past year has increased 5.44% while the S&P 500 has increased 18.74%. It has underperformed by 7.03% the S&P500. Cmt Asset Mgmt Limited holds 0.09% in Wells Fargo & Company (NYSE:WFC) or 25,130 shares. The firm owned $464.23 million shares of the company's stock after selling 3.76 million shares during the period. Another trade for 24,708 shares valued at $1.34M was made by Pelos Petros G on Monday, June 12. The Illinois-based Security Capital Research & Management Inc has invested 2.43% in the stock. Brick & Kyle Associates now owns 1,859 shares of the financial services provider's stock valued at $103,000 after purchasing an additional 162 shares in the last quarter.

The stock increased 0.48% or $0.09 during the last trading session, reaching $18.97. At the moment, the 14-day ATR for News Corporation (NASDAQ:NWSA) is noted at 0.33. It has underperformed by 9.54% the S&P500.

Analysts await Generac Holdings Inc. They expect $0.50 earnings per share, 0.00% or $0.00 from last year's $0.5 per share. BIDU's profit will be $527.78 million for 38.22 P/E if the $1.52 EPS becomes a reality. BMO Capital Markets maintained it with "Hold" rating and $50.0 target in Friday, October 13 report. The rating was maintained by Canaccord Genuity with "Hold" on Wednesday, February 15. The rating was maintained by Vining Sparks on Friday, April 28 with "Strong-Buy". The firm has "Buy" rating by Deutsche Bank given on Tuesday, September 8.

ILLEGAL ACTIVITY NOTICE: "Wells Fargo & Company (NYSE:WFC) Stake Lessened by River Road Asset Management LLC" was originally posted by StockNewsTimes and is the property of of StockNewsTimes. Wells Fargo & Company had 104 analyst reports since July 29, 2015 according to SRatingsIntel. UBS reiterated a "neutral" rating and issued a $56.00 price target (down from $59.00) on shares of Wells Fargo & Company in a research note on Friday, September 15th. The firm earned "Hold" rating on Friday, October 13 by BMO Capital Markets. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Vantage Investment Advsrs Limited Com owns 180 shares. Balyasny Asset Mgmt Lc has invested 0.69% in Wells Fargo & Company (NYSE:WFC). The rating was upgraded by Keefe Bruyette & Woods to "Outperform" on Wednesday, April 5. The MF Rank of Wells Fargo & Company (NYSE:WFC) is 9097.

Capital World Investors, which manages about $425.76 billion US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 4.47M shares to 37.56 million shares, valued at $7.43B in 2017Q2, according to the filing. It is positive, as 4 investors sold First Business Financial Services, Inc. shares while 14 reduced holdings. Schwab Strategic Tr (SCHP) was reduced too.

Short interest is another tool that analysts use to gauge investor sentiment. Its up 0.12, from 0.76 in 2017Q1. It is positive, as 85 investors sold WFC shares while 685 reduced holdings.

VANGUARD GROUP INC raised its stake in Square, Inc. Further, company shares have been seen trading -24.11% off of the 52 week high and 188.64% away from the 52 week low. Lsv Asset Mngmt invested in 0.37% or 3.71M shares. Insiders own 0.29% of the company's stock. Rampart Invest Mngmt Limited Co reported 50,558 shares stake. Central Secs reported 220,000 shares. East Coast Asset Limited Liability holds 71,748 shares or 1.09% of its portfolio. The correct version of this piece can be read at https://weekherald.com/2017/12/06/cfo4life-group-llc-has-1-04-million-holdings-in-wells-fargo-company-wfc.html. Vetr raised Wells Fargo & Company from a "sell" rating to a "hold" rating and set a $54.49 price objective on the stock in a research report on Tuesday, October 24th. Bremer Trust Natl Association invested in 0.84% or 53,207 shares. Wells Fargo & Company now has a consensus rating of "Hold" and a consensus price target of $57.25. Mackenzie invested 1.34% in Wells Fargo & Company (NYSE:WFC). Van Strum Towne holds 0.36% or 9,885 shares in its portfolio.

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