Mainpage
Sport

Wells Fargo & Company (WFC) Holdings Increased by Aperio Group, LLC

Author

19 July, 2017

Insiders sold 2,570,556 shares of company stock worth $36,001,548 in the last 90 days.

Wells Fargo & announced that its board has initiated a stock buyback program on Wednesday, June 28th that permits the company to buyback $11.50 billion in shares. The stock appeared $59.99 above its 52-week highs and is down -0.44% for the last five trades.

Wells Fargo & Company (NYSE:WFC) gained 0.16% with the closing price of $54.80. It has underperformed by 7.03% the S&P500. Hotchkis & Wiley Capital Management LLC boosted its position in Wells Fargo & by 49.5% in the first quarter.

Public Sector Pension Investment Board increased Lendingclub Corp (LC) stake by 150% reported in 2016Q4 SEC filing. The correct version of this report can be accessed at https://www.thestockobserver.com/2017/07/19/wells-fargo-company-wfc-shares-sold-by-profund-advisors-llc-updated-updated-updated.html. (VDSI)'s stock rose 4.10%. The Private Capital Management Llc holds 921,305 shares with $12.58M value, down from 996,444 last quarter. The 50 day moving average was up $0.91 and the 200 day average went down $-0.36 or -0.66%. Amarillo National Bank boosted its stake in shares of Wells Fargo & by 0.7% in the first quarter. About shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since July 19, 2016 and is uptrending. It has underperformed by 21.19% the S&P500.

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.30, from 0.97 in 2016Q3. It is negative, as 112 investors sold WFC shares while 836 reduced holdings.

A number of hedge funds and other institutional investors have recently made changes to their positions in WFC.

Wells Fargo & (NYSE:WFC) last posted its quarterly earnings results on Friday, July 14th. Texas Cap Natl Bank Tx holds 1.09% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 8,653 shares. Klingenstein Fields & Ltd Liability holds 61,124 shares. Boston Management Incorporated invested in 58,809 shares or 1.84% of the stock. Hartline Invest reported 0.25% in Wells Fargo & Co (NYSE:WFC). Nippon Life Ins reported 199,361 shares stake. Market Capitalization if basically the market value of the company's shares outstanding. Veritable LP holds 0.41% in Wells Fargo & Co (NYSE:WFC) or 307,022 shares. Moreover, Lowe Brockenbrough And Com Inc has 0.91% invested in Wells Fargo & Co (NYSE:WFC). Meridian Investment Counsel holds 18,275 shares. Ejf Ltd Liability Corporation has 5,000 shares for 0.02% of their portfolio. Financial & Investment Management Group Ltd owns 660,877 shares or 3.13% of their USA portfolio.

More notable recent Wells Fargo & Co (NYSE:WFC) news were published by: Seekingalpha.com which released: "Wells Fargo Earnings Report: A Work In Progress" on July 17, 2017, also Seekingalpha.com with their article: "Wells Fargo rethinks business model" published on July 17, 2017, Usatoday.com published: "Wells Fargo to pay $142M in fake-account settlement" on July 10, 2017.

Among 31 analysts covering Wells Fargo & Company (NYSE:WFC), 13 have Buy rating, 5 Sell and 13 Hold. Therefore 42% are positive.

Currently, EPS of Wells Fargo & Company (WFC) is 1.07 while the analysts predicted the EPS of the stock to be 1.01 suggesting the company fell short of the analysts' expectations. BMO Capital Markets maintained the stock with "Buy" rating in Thursday, July 13 report. The rating was upgraded by Citigroup to "Buy" on Thursday, January 7. Wells Fargo & now has an average rating of "Hold" and a consensus target price of $56.06. The stock of Wells Fargo & Co (NYSE:WFC) earned "Outperform" rating by Evercore on Wednesday, April 19. The rating was maintained by S&P Research with "Buy" on Thursday, August 13. The stock of Wells Fargo & Co (NYSE:WFC) has "Sell" rating given on Friday, July 14 by BMO Capital Markets. The firm has "Buy" rating given on Monday, January 11 by Goldman Sachs.

At the end of Mar reporting period, 774 institutional holders increased their position in Wells Fargo & Company (NYSE:WFC) by some 163,759,479 shares, 1,066 decreased positions by 156,048,839 and 198 held positions by 3,530,222,398. Company fiscal year is ending in October and analysts' consensus recommendation is Outperform for HPQ and estimated EPS for next quarter is $ 0.42. After $1.07 actual EPS reported by Wells Fargo & Co for the previous quarter, Wall Street now forecasts -0.93% negative EPS growth.

Since March 3, 2017, it had 1 buy, and 7 insider sales for $397.31 million activity. Hardison Hope A. had sold 20,000 shares worth $1.04M on Tuesday, May 16. White Pine Investment CO raised its position in shares of Wells Fargo & by 24.0% in the second quarter. Shares for $499,108 were bought by SARGENT RONALD. Mack Mary T sold $2.05M worth of stock. CARROLL DAVID M had sold 117,704 shares worth $6.95M on Friday, March 3.

Among 31 analysts covering Microsoft Corporation (NASDAQ:MSFT), 26 have Buy rating, 1 Sell and 4 Hold. Therefore 25% are positive. Wells Fargo & Company had 76 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Outperform" rating by Barrington Research given on Tuesday, October 6. The stock has "Market Perform" rating by CJS Securities on Tuesday, September 20. Dougherty & Company maintained VASCO Data Security International, Inc. Jefferies maintained it with "Hold" rating and $6200 target in Friday, July 7 report. Wunderlich upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Friday, October 21. The financial services provider reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.05. The rating was maintained by Canaccord Genuity on Thursday, June 1 with "Hold". Microsoft Corporation had 92 analyst reports since July 22, 2015 according to SRatingsIntel.

United States Steel Corporation (NYSE:X), stock is trading $41.83 above the 52-week high and has displayed a high EPS growth of -50.10% in last 5 years. Following the completion of the transaction, the insider now directly owns 109 shares in the company, valued at $5,675.63. The shares were sold at an average price of $54.21, for a total value of $5,421,000.00.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


More news


  • "It" director Andy Muschietti to helm "Robotech" for Sony

    Andy Muschietti gained popularity after he made his debut with Mama which hit the theatres in 2013 and was a huge hit. The producers behind the original series, Frank and Jehan Agrama, are also involved with the movie.
    Shooting woes doom Gilas Pilipinas in loss to rival Korea

    Shooting woes doom Gilas Pilipinas in loss to rival Korea

    The Philippine national team struggled from the 3-point area and buckled against unfavorable calls versus the Koreans. However, Gilas got nothing from its offense from that point on as Korea cruised to victory.
    Criticism levelled at proposed minimum wage increase

    Criticism levelled at proposed minimum wage increase

    Unite regional secretary Jimmy Kelly pointed out that today's increase follows what he described as the "derisory" increase of 10 cents past year .
  • Sizmek Buys Rocket Fuel for US$145 million

    Sizmek Buys Rocket Fuel for US$145 million

    The following years saw it continue to make gains and in its 2016 annual report the company brought in $456.3 million in revenues. The acquisition will enable Rocket Fuel to undergo its business reformation beyond the glare of the harsh public eye.
    Singer R. Kelly denies BuzzFeed article accusing him of 'cult'

    Singer R. Kelly denies BuzzFeed article accusing him of 'cult'

    Savage continued to claim his daughter was being held against her will stating she "doesn't know what to say". The police report noted that the door was open, the house was clear and no one was there.

    The Alere Inc. (ALR) Downgraded by BidaskClub

    A number of large investors have recently bought and sold shares of the stock. 32 funds opened positions while 67 raised stakes. The investment professionals in our partner's database reported: 73.43 million shares, down from 75.35 million shares in 2016Q3.
  • This Disney Star Has Made His WeHo Neighborhood

    This Disney Star Has Made His WeHo Neighborhood "A Living Hell"

    There's nothing that we can do though, the Jake Paul army is the strongest out there". Jake Paul jumps on top of a KTLA 5 News van as Chris Wolfe reports.
    Two hotels shut over cholera outbreak

    Two hotels shut over cholera outbreak

    He said all water bowsers and vendors would be inspected and water sources checked to prevent the spread of cholera. He was accompanied by Health Principal Secretary Julius Korir and the Director of Medical Services Jackson Kioko.
    South Korea proposes military, family reunion talks with North Korea

    South Korea proposes military, family reunion talks with North Korea

    The vice defense minister did not elaborate on the meaning of hostile military activities, which varies between the two Koreas. The North and the South have been divided since Korea's liberation from the Japanese at the end of World War II.
  • An 'awful long time' of misery ahead on Southern Rail, warn unions

    An 'awful long time' of misery ahead on Southern Rail, warn unions

    Southern Rail workers have announced another strike in the dispute over staffing and driver-only trains as commuters were warned disruption could last "an very bad long time".
    'Sexist' Audi commercial in China treats bride like vehicle

    'Sexist' Audi commercial in China treats bride like vehicle

    While the auto is still on screen a male voice reportedly said in Mandarin, "an important decision must be made carefully". In the ad, the groom's mother interrupts the ceremony to pinch the bride's nose and look in her mouth and behind her ears.
    Relief reaches Dongria Kondhs in Odisha's Rayagada

    Relief reaches Dongria Kondhs in Odisha's Rayagada

    Around 2,000 people of other communities also live on the other side of the river and all of them are inaccessible, Sethi added. Private schools remained closed and traders downed their shutters as life was thrown out of gear due to nonstop rain.