Are Analysts Bearish Wells Fargo & Company (NYSE:WFC) After Last Week?

Lloyd Doyle
December 7, 2017

Gyroscope Mngmt Grp Limited Liability Company holds 2.76% in Wells Fargo & Company (NYSE:WFC) or 99,740 shares. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in shares of Wells Fargo & Company in the 1st quarter valued at $124,000. The stock has a market cap of $258.91 billion, a PE ratio of 12.95 and a beta of 0.98.

Square, Inc. (NYSE:SQ) closed at $37.61 a share in the latest session and the stock value rose nearly 175.94% since the beginning of this year. 26,755,322 shares of the company's stock traded hands, compared to its average volume of 18,356,117. The correct version of this article can be read at https://www.truebluetribune.com/2017/12/07/8502-shares-in-wells-fargo-company-wfc-acquired-by-hayek-kallen-investment-management.html. It has underperformed by 7.03% the S&P500. Associated Banc holds 325,347 shares. The stock decreased 1.02% or $1.45 during the last trading session, reaching $141.37. The stock was sold at an average price of $56.90, for a total value of $3,983,000.00. It has outperformed by 14.63% the S&P500. Its down 0.26, from 1.2 in 2017Q1. Also, VP Richard Levy sold 97,000 shares of Wells Fargo & Company stock in a transaction that occurred on Thursday, November 30th. 4 funds opened positions while 25 raised stakes. Canandaigua Bank Tru Co holds 0.63% or 55,181 shares. Stearns Financial holds 31,002 shares. Aull Monroe Mgmt Corporation holds 21,569 shares or 0.64% of its portfolio. Natl Asset has 2,819 shares for 0.07% of their portfolio. (NYSE:MSCI). Commonwealth Of Pennsylvania Public School Empls Retrmt Systems holds 0.02% in MSCI Inc. Synovus Corp has invested 0.04% of its portfolio in Palo Alto Networks, Inc. Ing Groep Nv reported 11,016 shares. The Massachusetts-based Wellington Management Group Llp has invested 0.06% in MSCI Inc. Cable Hill Partners LLC raised its stake in shares of Wells Fargo & Co by 10.5% in the third quarter. California State Teachers Retirement System reported 160,436 shares. The institutional investor owned 18,790 shares of the financial services provider's stock after purchasing an additional 2,405 shares during the quarter. (NYSE:DE) stake by 120,000 shares to 378,000 valued at $46.72M in 2017Q2. Time Warner Inc (NYSE:TWX) was reduced too.

Among 9 analysts covering MSCI Inc. Therefore 33% are positive. Palo Alto Networks had 179 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Macquarie Research with "Underperform" on Friday, September 25. Robert W. Baird has "Buy" rating and $58.0 target. The company was maintained on Friday, August 4 by UBS. The stock of Baidu, Inc. The firm has "Outperform" rating by Keefe Bruyette & Woods given on Wednesday, April 5. Jefferies maintained the shares of WFC in report on Friday, September 15 with "Hold" rating. The firm earned "Overweight" rating on Tuesday, November 24 by Barclays Capital. Morgan Stanley maintained Baidu, Inc. UBS reinitiated it with "Neutral" rating and $58 target in Wednesday, January 11 report. The company was maintained on Tuesday, June 6 by Jefferies. The SMA 50/200 for Wells Fargo & Company (NYSE:WFC) is now 1.00891. RAD has risen 14.29% in the 1-month period.

The price to book ratio or market to book ratio for Wells Fargo & Company (NYSE:WFC) now stands at 1.525719.


Since June 8, 2017, it had 0 insider buys, and 1 insider sale for $1.34 million activity. 38,988 shares were sold by Mack Mary T, worth $2.05M on Thursday, June 8. Also, insider Avid Modjtabai sold 100,000 shares of Wells Fargo & Co stock in a transaction on Friday, April 28th.

Investors sentiment increased to 0.88 in 2017 Q2. It increased, as 85 investors sold Wells Fargo & Company shares while 685 reduced holdings.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. After a recent check, Infosys Limited, (NYSE: INFY)'s last month price volatility comes out to be 1.42% which for the week stands at 1.85%. Meridian Counsel Inc accumulated 17,895 shares. Greenleaf Trust stated it has 28,310 shares or 0.04% of all its holdings. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since December 7, 2016 and is uptrending. 37,165 were reported by Meeder Asset Mgmt. Vantage Investment Advsrs Limited Com owns 180 shares. Charter Trust invested in 89,153 shares. Calamos Advsr Limited Liability, a Illinois-based fund reported 1.69 million shares. Smithfield reported 0.34% stake. Deprince Race & Zollo stated it has 1.05% in Wells Fargo & Company (NYSE:WFC). BMO Capital Markets maintained the stock with "Market Perform" rating in Monday, February 27 report. Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $59.00 price target on shares of Wells Fargo & Company in a research note on Monday, October 16th. Therefore 41% are positive. As per Monday, November 13, the company rating was maintained by RBC Capital Markets. The rating was maintained by Sandler O'Neill on Wednesday, April 12 with "Hold". BMO Capital Markets maintained it with "Hold" rating and $50.0 target in Friday, October 13 report.

Among 5 analysts covering First Business Financial (NASDAQ:FBIZ), 1 have Buy rating, 0 Sell and 4 Hold. Guggenheim maintained the stock with "Buy" rating in Thursday, October 15 report. The company was maintained on Sunday, July 30 by BMO Capital Markets.

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