Wells Fargo offered $1bn penalty to settle mis-selling scandal

Wells Fargo Advisors continues to bleed reps

Northside Capital Management Llc who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $248.14B market cap company. In the fourth quarter, Wells Fargo booked a record $3.25 billion charge related to regulatory investigations, sales practices and other matters. About 32.05M shares traded or 35.83% up from the average. Over the past year and a half, Wells Fargo Advisors has seen a 4.5% decline in its advisers workorce, falling from 15,086 in September 2016 to 14,399 at the end of March. WFC underperformed by 19.30% the S&P 500. Chapter Iv Investors Llc who had been investing in Range Res Corp for a number of months, seems to be bullish on the $3.58B market cap company. The stock decreased 0.99% or $0.75 during the last trading session, reaching $75.24. Captrust Advsr has 1,731 shares. It has outperformed by 52.19% the S&P500. It has change of 0.02, from 2017Q3's 0.73. 138 funds opened positions while 466 raised stakes. Wells Fargo reported a slight decline in interest income. Ironwood Ltd Liability Corp invested 0.03% of its portfolio in General Electric Company (NYSE:GE). Texas Permanent School Fund owns 54,584 shares or 0.01% of their USA portfolio. State Of New Jersey Common Pension Fund D owns 5.14 million shares. Viking Lp has invested 1.99% of its portfolio in Wells Fargo & Company (NYSE:WFC). Cedar Wealth Management LLC now owns 3,461 shares of the financial services provider's stock valued at $153,000 after buying an additional 185 shares during the last quarter. Deutsche Bank maintained the shares of GE in report on Tuesday, November 21 with "Sell" rating.

Wells Fargo declared that its board has authorized a stock repurchase program on Tuesday, January 23rd that permits the company to buyback 350,000,000 shares. Veritable Ltd Partnership reported 289,545 shares. Thompson Siegel & Walmsley Limited Liability stated it has 9,428 shares. Virginia-based Hendershot Invests has invested 0.11% in Wells Fargo & Company (NYSE:WFC).

Last year, while still reeling from a highly-publicized account fraud scandal, Wells Fargo ran into issues with its auto lending and mortgage lending practices. Baskin Ser stated it has 0.08% of its capital in Wells Fargo & Company (NYSE:WFC). Employees Retirement Sys Of Ohio holds 0.94% or 3.15 million shares in its portfolio.

WFC registered $292,234 net activity with 0 insider purchases and 1 sale since November 17, 2017. Argus downgraded shares of Wells Fargo & Company from a "buy" rating to a "hold" rating and boosted their price objective for the company from $53.00 to $53.78 in a report on Wednesday, January 18th. The positive are 55%. Wells Fargo & Company had 136 analyst reports since July 29, 2015 according to SRatingsIntel. On Thursday, December 21 the firm has "Buy" rating by Buckingham Research given.

The stock of Wells Fargo & Company (NYSE:WFC) has "Underperform" rating given on Friday, September 25 by Macquarie Research. Cantor Fitzgerald maintained the shares of ANTM in report on Thursday, September 14 with "Buy" rating. On Friday, January 12 the firm earned "Hold" rating by BMO Capital Markets. The rating was downgraded by Keefe Bruyette & Woods on Monday, October 17 to "Mkt Perform". For a total of 481,537 shares it reduced its holding in Grupo Financiero Galicia S A (NASDAQ:GGAL) by 459,167 shares in the quarter, and has cut its stake in L3 Technologies Inc. The firm presently has a "hold" rating on the financial services provider's stock. 6,500 shares were sold by Reitman Stephen F, worth $406,065. About 5.68M shares traded.

Investors sentiment increased to 1.44 in 2017 Q4. It dropped, as 51 investors sold RRC shares while 119 reduced holdings. Crow Point Ptnrs Limited Liability Company reported 0.01% stake. Adams Natural Fund invested in 322,100 shares or 0.82% of the stock. 113.62 million shares or 7.16% less from 122.38 million shares in 2017Q3 were reported. Prudential Fincl Incorporated has 182,654 shares for 0.02% of their portfolio. Bradley Foster Sargent Ct holds 0.99% or 448,990 shares in its portfolio. Atlantic Lc invested 0.01% in Five Below, Inc.

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