Fragasso Group Inc. Purchases 4060 Shares of Wells Fargo

Lloyd Doyle
April 16, 2018

Looking backwards over the past quarter, these shares have fell -19.24%. (NYSE:JPM) has risen 23.99% since April 16, 2017 and is uptrending. It has underperformed by 7.77% the S&P500.

Tnb Financial decreased its stake in Wells Fargo & Co New (WFC) by 2.41% based on its latest 2017Q4 regulatory filing with the SEC. Weik Investment Services Inc. now owns 95,779 shares of the financial services provider's stock valued at $4,533,000 after buying an additional 3,083 shares in the last quarter.

Hedge funds and other institutional investors have recently modified their holdings of the company. Referred to as "market cap", it is determined by doubling a company's shares outstanding by the current market price of one share.

The Company ended its previous trading session at $71.01 with the loss of -1.55%. About 32.05M shares traded or 35.83% up from the average. Morgan Stanley lifted their price target on shares of Wells Fargo from $72.00 to $75.00 and gave the company an "overweight" rating in a research report on Friday, February 2nd. It has underperformed by 19.30% the S&P500.

WFC had 1 insider sale and 0 buys since November 17, 2017. Therefore 41% are positive. Wells Fargo had 38 analyst reports since November 10, 2017 according to SRatingsIntel. The company was initiated on Thursday, March 24 by UBS. The firm earned "Neutral" rating on Monday, October 10 by UBS. On Wednesday, January 3 the firm has "Outperform" rating given by Bernstein. The rating was maintained by Keefe Bruyette & Woods with "Hold" on Tuesday, December 12. (NYSE:MET) on Monday, July 10 with "Buy" rating.

Wells Fargo declared that its Board of Directors has authorized a share buyback program on Tuesday, January 23rd that allows the company to buyback 350,000,000 shares.

Van Hulzen Asset Management Llc, which manages about $396.50 million and $328.65M US Long portfolio, decreased its stake in Ishares 1 (SHY) by 6,525 shares to 64,385 shares, valued at $5.40 million in 2017Q4, according to the filing.


Investors sentiment increased to 0.75 in 2017 Q4. Its down 0.03, from 0.91 in 2017Q3. It improved, as 63 investors sold WFC shares while 746 reduced holdings. 138 funds took stakes and 466 increased stakes. As of December 31, 2016, the firm operated 253 retail liquor stores consisting of 179 stores under Liquor Depot, Liquor Barn, and Wine and Beyond brand names in Alberta; 34 stores under Liquor Depot and Liquor Barn brand names in British Columbia; 22 stores under Brown Jug brand name in Alaska; 15 stores under Liquor Barn Â'The Ultimate Party SourceÂ' and Liquor Barn Express brand names in Kentucky; 2 stores under Joe CanalÂ's Discount Liquor Outlet brand name in New Jersey; and 1 store under the brand name of LQR MKT in CT.

Wells Fargo & Company (WFC) closed the Friday at final price of $50.89 after traded 32001013 shares.

Wells Fargo Income Opportunities Fund (:EAD) stock stands -1.19% away from its 50-day simple moving average and also -4.92% away from the 200-day average. Cim Mangement accumulated 7,545 shares. Baldwin Inv Mngmt Limited Liability Company invested in 0.37% or 17,088 shares.

Wells Fargo (NYSE:WFC) has been assigned a $55.00 target price by stock analysts at Keefe, Bruyette & Woods in a research note issued to investors on Monday. Family Management Corporation accumulated 23,935 shares. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. 11,541 were accumulated by Brown Capital Management Lc. 29,403 are owned by Holderness Invs Company. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the stock.

Wells Fargo & Co (NYSE:WFC) opened at 58.21 on Friday. (NYSE:MET). Wade G W And Incorporated has 225,287 shares for 1.31% of their portfolio.

Clearbridge Llc decreased Metlife Inc (MET) stake by 50.28% reported in 2017Q4 SEC filing. It also reduced its holding in Union Pacific Corp (NYSE:UNP) by 49,453 shares in the quarter, leaving it with 1.33 million shares, and cut its stake in Nike Inc Cl B (NYSE:NKE). Another trade for 9,194 shares valued at $1.03 million was sold by Lake Marianne. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 14 Hold. Therefore 53% are positive. On Friday, April 13 the firm has "Hold" rating given by Susquehanna. Wells Fargo maintained MetLife, Inc. We can't have enough maintenance the once will always reflect the hard, but logically stocks that have grown earnings per allowance sharply in the after are an excellent bet to continue to take effect as a result. (NYSE:JPM) rating on Monday, October 17. The company was maintained on Thursday, September 28 by Nomura. The rating was maintained by BTIG Research on Tuesday, August 2 with "Buy".

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