First Trust Advisors LP Has $88.01 Million Position in Wells Fargo & Company

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27 August, 2017

BDGE's SI was 483,200 shares in August as released by FINRA. Price T Rowe Associates Md invested in 9.85 million shares or 0.1% of the stock. With 169,000 avg volume, 5 days are for Avx Corporation New (NYSE:AVX)'s short sellers to cover AVX's short positions. The SI to Bridge Bancorp Incorporated's float is 2.99%.

The stock increased 0.36% or GBX 0.4 on August 25, reaching GBX 111. Xylem Inc (NYSE:XYL) has risen 20.76% since August 27, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Trust Department Mb Financial Bank N A decreased its stake in Wells Fargo & Co (WFC) by 96.46% based on its latest 2016Q4 regulatory filing with the SEC. Gamble Jones Investment Counsel sold 85,923 shares as Wells Fargo & Co (WFC)'s stock declined 8.66%. The Ccm Investment Advisers Llc holds 127,868 shares with $7.05 million value, down from 151,675 last quarter. Wells Fargo & Co New now has $256.98B valuation.

Shares of Wells Fargo & Company (NYSE WFC) traded down 0.75% during mid-day trading on Friday, reaching $51.77. About 15.31M shares traded.

Wells Fargo & (NYSE:WFC) last issued its quarterly earnings results on Friday, July 14th. It has underperformed by 7.03% the S&P500.

Investors sentiment increased to 0.76 in 2016 Q4. Its down 0.30, from 0.97 in 2016Q3.

A number of other institutional investors also recently bought and sold shares of the stock. 149 funds opened positions while 487 raised stakes. Conestoga Capital Advsrs Limited holds 0.01% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 3,702 shares. Franklin Street Advsr Nc holds 36,566 shares or 0.36% of its portfolio. Fulton Bancorporation Na, a Pennsylvania-based fund reported 37,241 shares. Maltese Management Ltd Llc owns 82,825 shares or 0.09% of their U.S. portfolio. At Bankshares accumulated 0.09% or 12,716 shares. Hardison Hope A. also sold $1.04M worth of Wells Fargo & Co (NYSE:WFC) shares. Dreman Value Mgmt L L C holds 1.53% or 49,656 shares. Rockland Tru Comm owns 2.84% invested in Wells Fargo & Co (NYSE:WFC) for 321,462 shares. 589.77 million shares or 4.66% more from 563.50 million shares in 2016Q3 were reported. 21,804 were accumulated by Sand Hill Global Advsrs Ltd Limited Liability Company. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued. Exchange Capital holds 134,896 shares.

Gamble Jones Investment Counsel increased Amazon Inc (NASDAQ:AMZN) stake by 645 shares to 3,156 valued at $2.37 million in 2016Q4. (WFC)'s stock declined 8.66%. Vanguard Short (VCSH) was raised too. Willingdon Wealth Mngmt invested 0.15% in Wells Fargo & Co (NYSE:WFC). The financial services provider reported $1.07 EPS for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.05. WFC's profit will be $5.26 billion for 12.21 P/E if the $1.06 EPS becomes a reality. Wells Fargo & Company had 84 analyst reports since July 29, 2015 according to SRatingsIntel.

Since February 27, 2017, it had 0 buys, and 1 sale for $709,062 activity. BERKSHIRE HATHAWAY INC sold $383.92 million worth of Wells Fargo & Co (NYSE:WFC) on Monday, April 10.

In other Wells Fargo & news, insider Petros G. Pelos sold 24,708 shares of the stock in a transaction on Monday, June 12th. About 272,888 shares traded. Finally, Piper Jaffray Companies restated a "hold" rating on shares of Wells Fargo & in a report on Sunday, July 30th. Therefore 33% are positive. Equities research analysts forecast that Wells Fargo & Company will post $4.17 earnings per share for the current year. Rafferty downgraded the shares of WFC in report on Wednesday, April 12 to "Sell" rating. Monarch Capital Mgmt owns 1.58% invested in Wells Fargo & Co (NYSE:WFC) for 76,884 shares. The company was reinitiated on Wednesday, January 11 by UBS. The firm has "Buy" rating by Numis Securities given on Thursday, November 17. The firm has "Neutral" rating by UBS given on Monday, October 10. The company was maintained on Wednesday, April 19 by Evercore. The rating was downgraded by Raymond James on Monday, February 13 to "Mkt Perform". Klingenstein Fields & Limited Liability Corp has 0.15% invested in Wells Fargo & Co (NYSE:WFC) for 61,124 shares. The stock of Wells Fargo & Co (NYSE:WFC) has "Sell" rating given on Friday, July 14 by BMO Capital Markets.

Investors sentiment decreased to 1.61 in 2016 Q4. Its down 1.10, from 1.96 in 2016Q3. Invest Mngmt Of Virginia Limited Liability has invested 0.32% in Alexander & Baldwin Inc (NYSE:ALEX). 17 funds opened positions while 35 raised stakes. Cape Cod Five Cents Bancshares reported 5,901 shares. Point72 Asset Management LP invested 0.01% in Xylem Inc (NYSE:XYL). Salient Lta stated it has 23,690 shares. 4,604 were reported by Financial Counselors. (NYSE:AYI). 7,490 were reported by Aberdeen Asset Mgmt Public Limited Company Uk. Duncker Streett & Communication Incorporated has invested 0.07% of its portfolio in Xylem Inc (NYSE:XYL). (NYSE:AYI) for 56,245 shares. American Century has 7.68M shares for 0.46% of their portfolio. Art Ltd holds 13,184 shares. Long Pond Cap Lp holds 895,000 shares or 2.31% of its portfolio. Axa reported 39,000 shares or 0.04% of all its holdings. Community Commercial Bank Na holds 0.56% or 46,351 shares in its portfolio. Retail Bank Of Montreal Can reported 0% stake.

Among 18 analysts covering Acuity Brands Inc. More interesting news about Wells Fargo & Co (NYSE:WFC) were released by: Seekingalpha.com and their article: "Wells Fargo: The Honey Badger?" published on August 14, 2017 as well as Reuters.com's news article titled: "Wells Fargo faces angry questions after new sales abuses uncovered" with publication date: July 28, 2017. Therefore 64% are positive. Transglobe Energy had 2 analyst reports since January 14, 2016 according to SRatingsIntel. Keefe Bruyette & Woods upgraded the shares of WFC in report on Tuesday, January 12 to "Outperform" rating. Oppenheimer maintained Acuity Brands, Inc. The rating was maintained by Jefferies with "Hold" on Tuesday, June 6. $499,108 worth of stock was bought by SARGENT RONALD on Friday, May 5. The stock of Acuity Brands, Inc. The firm has "Buy" rating given on Thursday, May 11 by IBC. On Thursday, September 22 the stock rating was maintained by Deutsche Bank with "Buy". Canaccord Genuity initiated Acuity Brands, Inc. On Thursday, May 11 the stock rating was downgraded by Bank of America to "Underperform".

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