Wells Fargo & Company (NYSE:WFC) Trending Stock in Review

Sigma Planning Corp decreased Wells Fargo & Co New (WFC) stake by 15.32% reported in 2016Q4 SEC filing. Alpha Omega Wealth Management LLC now owns 3,003 shares of the financial services provider's stock worth $167,000 after acquiring an additional 258 shares in the last quarter. Wells Fargo & Co New now has $261.65B valuation. The expected WFC's profit could reach $5.21 billion giving the stock 12.51 P/E in the case that $1.05 earnings per share is reported. The company had a trading volume of 7,243,400 shares. Flippin Bruce & Porter Inc. bought a new stake in shares of Wells Fargo & Co during the second quarter worth approximately $4,229,000. It has underperformed by 7.03% the S&P500. Telos Capital Management Inc. grew its position in Wells Fargo & by 3.0% during the 1st quarter. The Public Employees Retirement Association Of Colorado holds 911,230 shares with $50.22M value, down from 2.76M last quarter.

Investors sentiment decreased to 0.79 in 2016 Q4. Its up 0.07, from 1.02 in 2016Q3. 61 funds opened positions while 151 raised stakes. Amer Int owns 11,756 shares or 0% of their United States portfolio. The company has market cap of $2.06 billion. Crestpoint Cap Mngmt Llc, a Missouri-based fund reported 14,800 shares. Stonebridge Cap Limited Liability holds 60,208 shares.

Recent session action on shares of Bank of America Corporation (NYSE:BAC) puts the stock on today's active list. Brown Advisory Inc reported 4.94M shares. 330,772 are held by North Star Investment Management. Intact Inc accumulated 6,300 shares. Tanaka Capital Management Inc owns 87,315 shares or 1.48% of their U.S. portfolio. Hyman Charles D stated it has 628,916 shares. (NYSE:VMW) for 21,111 shares.

EPS Growth this year is -3.2 percent. Wells Fargo & Co has a 12-month low of $43.55 and a 12-month high of $59.99. With 117,300 avg volume, 4 days are for Mammoth Energy Services Incorporated (NASDAQ:TUSK)'s short sellers to cover TUSK's short positions. The rating was maintained by FBR Capital on Tuesday, September 27 with "Outperform". UBS reinitiated it with "Neutral" rating and $58 target in Wednesday, January 11 report. Jefferies maintained the shares of WFC in report on Friday, August 11 with "Hold" rating. As per Friday, July 14, the company rating was maintained by BMO Capital Markets. The stock has "Outperform" rating by Evercore on Wednesday, April 19. As per Tuesday, May 24, the company rating was downgraded by Cowen & Co. The company was maintained on Monday, August 17 by S&P Research. Berenberg Bank lowered Wells Fargo & from a "hold" rating to a "sell" rating and lifted their target price for the stock from $35.00 to $45.00 in a research report on Friday, July 21st. Therefore 39% are positive. Loughlin Michael J sold $1.04 million worth of Wells Fargo & Co (NYSE:WFC) on Tuesday, March 21. The firm earned "Outperform" rating on Monday, September 19 by Robert W. Baird. On Thursday, June 22 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Piper Jaffray Companies reissued a "neutral" rating and set a $50.00 target price (down previously from $52.00) on shares of Wells Fargo & in a research note on Wednesday, September 13th. (NYSE:PFE) has "Hold" rating given on Thursday, October 13 by Jefferies. The firm has "Strong-Buy" rating by Vetr given on Wednesday, September 2. The firm has "Hold" rating by Sandler O'Neill given on Monday, April 11. Equities research analysts forecast that Wells Fargo & Company will post $4.16 earnings per share for the current year. They expect $1.05 earnings per share, up 1.94% or $0.02 from last year's $1.03 per share. WFC's profit will be $5.21 billion for 12.55 P/E if the $1.05 EPS becomes a reality. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.00 by $0.04.

Since June 15, 2017, it had 1 insider purchase, and 0 insider sales for $25,416 activity. About 1.39 million shares traded. Telos Capital Management Inc. now owns 6,703 shares of the financial services provider's stock worth $373,000 after purchasing an additional 193 shares in the last quarter. The insider Hardison Hope A. sold $1.04M. $2.05M worth of Wells Fargo & Co (NYSE:WFC) was sold by Mack Mary T on Thursday, June 8.

Investors sentiment decreased to 1.21 in Q4 2016. Its down 0.30, from 0.97 in 2016Q3. It increased, as 112 investors sold WFC shares while 836 reduced holdings.

Other hedge funds have also recently added to or reduced their stakes in the company. Yost Capital Ltd invested in 267,640 shares. Fruth Investment Mgmt reported 10,952 shares.

Wells Fargo & Company (WFC)'s RSI (Relative strength index) is at 49.59, its ATR (Average True Range) value is 0.7, while its Beta factor was calculated at 0.94. Kcm Investment Advsrs Ltd Llc owns 650,688 shares. Narwhal owns 0.93% invested in Wells Fargo & Co (NYSE:WFC) for 55,945 shares. The California-based Brandes Investment Partners Lp has invested 0.01% in the stock. Wells Fargo & had a net margin of 23.25% and a return on equity of 12.65%. Group One Trading Limited Partnership holds 40,234 shares or 0.04% of its portfolio. Martin And Inc Tn reported 73,288 shares. White Pine Capital Lc holds 10,697 shares or 0.15% of its portfolio. KLCM Advisors Inc. increased its stake in Wells Fargo & Co by 4.0% in the second quarter. It also upped Csl (NYSE:CSL) stake by 322,128 shares and now owns 455,909 shares.

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

Related:

Comments


Other news