Where Wells Fargo & Co (NYSE:WFC) Stands on Analytical Review Chart?

The fund owned 54,039 shares of the financial services provider's stock after buying an additional 832 shares during the period. Rothschild Investment Corp IL's holdings in Wells Fargo & Co. were worth $730,000 as of its most recent SEC filing. Vanguard Group Inc. raised its position in shares of Wells Fargo & Company by 2.2% in the second quarter. Overall, the share price is up 6.12% so far this year.

Wells Fargo & Co (NYSE:WFC) is expected to release the earnings of its current quarter on 4/13/17. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Cedar Wealth Management LLC now owns 3,276 shares of the financial services provider's stock worth $155,000 after buying an additional 1,059 shares during the period. Finally, Cedar Wealth Management LLC boosted its stake in Wells Fargo & Company by 5.6% in the third quarter. Timber Creek Capital Management LLC now owns 3,033 shares of the financial services provider's stock worth $134,000 after buying an additional 700 shares in the last quarter. Cable Hill Partners LLC boosted its stake in Wells Fargo & Company by 10.5% in the third quarter. The net percent change held by Institutional Investors has seen a change of -1.13% in last three month period.

Wells Fargo & Company (NYSE:WFC) opened at 58.09 on Friday. The firm has a market capitalization of $281.05 billion, a P/E ratio of 13.89 and a beta of 0.99. It turned higher 4.77% from its 50-day simple moving average. Wells Fargo & Company has 52-Week high of $59.01 and 52-Week Low of $43.55.

Wells Fargo & Company (NYSE:WFC) last issued its earnings results on Friday, January 13th. For the quarter, shares have been noted at 11.27%. Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The business earned $21.60 billion during the quarter. The company has 1 year Price Target of $58.25. The company's quarterly revenue was up 2.1% compared to the same quarter a year ago. The current consensus recommendation provided by covering analysts is 2.70.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Friday, November 4th were given a dividend of $0.38 per share. The ex-dividend date of this dividend is Wednesday, February 1st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.62%. Wells Fargo & Company's dividend payout ratio is now 38.10%.

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Other equities analysts have also issued reports about the company.

The 1 analysts offering 12-month price forecasts for Northern Dynasty Minerals Ltd have a median target of 3.82, with a high estimate of 3.82 and a low estimate of 3.82.

Many brokerage firms are involved in issuing their ratings on Wells Fargo & Company (NYSE:WFC). Instinet restated a "buy" rating and set a $51.00 target price on shares of Wells Fargo & Company in a research report on Wednesday, January 11th.

Wells Fargo began releasing data about retail-banking performance following the September 8 revelation that employees opened as many as 2 million deposit and credit-card accounts over about a half decade without customers' permission. Seven investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fifteen have given a buy rating to the stock. The analysts, on average, are forecasting a $58.35 price target, but the stock is already up 35.41% from its recent lows.

  • Zachary Reyes