Wells Fargo & Company (NYSE:WFC) Stock Is Shorted Less
- Author: Zachary Reyes May 24, 2017,
May 24, 2017, 18:40
Northstar Gp holds 0.75% or 19,658 shares. It has underperformed by 5.48% the S&P500. Deutsche Bank upgraded Wells Fargo & Co (NYSE:WFC) on Tuesday, September 8 to "Buy" rating. Peachtree Investment Advisors Inc. now owns 7,444 shares of the financial services provider's stock worth $414,000 after buying an additional 100 shares in the last quarter.
The stock decreased 0.09% or $0.05 on May 22, reaching $53.01. Gvo Asset Mgmt Limited holds 10.82% or 1.04M shares in its portfolio.
On the other hand the company has Relative Strength Index (RSI 14) of 44.57 along with Average True Range (ATR 14) of 0.97, Consequently Wells Fargo & Company (NYSE:WFC)'s weekly and monthly volatility is 1.47%, 1.45% respectively. It has underperformed by 7.03% the S&P500. Amarillo National Bank now owns 11,950 shares of the financial services provider's stock worth $666,000 after buying an additional 80 shares during the period. These analysts have also projected a Low Estimate of $0.95/share and a High Estimate of $1.07/share. Powershares Etf Tr Ii (VRP) was raised too. Its down 0.30, from 0.97 in 2016Q3. The legal version of this piece can be viewed at https://www.themarketsdaily.com/2017/05/24/viking-fund-management-llc-raises-stake-in-wells-fargo-co-wfc.html.
Following trading activity for Wells Fargo & Company (NYSE:WFC), we can see that the stock has moved onto today's list of most actives. Another trade for 16,000 shares valued at $569,520 was bought by ZHANG CHARLES. Reynders Mcveigh Capital Mgmt Llc holds 0.06% or 7,489 shares.
Wells Fargo & Co (NYSE:WFC) last issued its earnings results on Thursday, April 13th.
Patrick Degorce increased its stake in Wells Fargo & Co New (WFC) by 4.91% based on its latest 2016Q4 regulatory filing with the SEC. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since May 24, 2016 and is uptrending. Mckinley Carter Wealth Service holds 0.32% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 12,526 shares. Da Davidson And reported 687,513 shares stake. Baskin Fincl Services holds 6,739 shares.
Zacks Mngmt stated it has 996,296 shares. Moreover, Wright Investors Ser has 0.6% invested in Wells Fargo & Co (NYSE:WFC). Wells Fargo & Company (WFC) has made its way to a 12-month gain of 8.74%. Brandywine Glob Invest Management Limited Liability Com owns 1.77 million shares for 0.62% of their portfolio. Wealthtrust Axiom Lc holds 17,688 shares or 0.35% of its portfolio. Smith Asset Management Group LP now owns 1,820 shares of the financial services provider's stock valued at $101,000 after buying an additional 70 shares during the period. 9,050 shares were bought by SARGENT RONALD, worth $499,108. The insider CARROLL DAVID M sold $6.95 million. The insider BERKSHIRE HATHAWAY INC sold $383.92 million. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 43% are positive. The business had revenue of $22 billion during the quarter, compared to analysts' expectations of $22.25 billion. On Wednesday, April 12 the stock rating was maintained by Evercore with "Outperform". Guggenheim upgraded the stock to "Neutral" rating in Wednesday, April 26 report. The rating was downgraded by Argus Research to "Hold" on Wednesday, January 18. The stock has "Buy" rating by S&P Research on Thursday, August 13. On Wednesday, April 12 the stock rating was downgraded by Rafferty to "Sell".
Investors sentiment decreased to 1.11 in Q4 2016. Its down 0.43, from 1.43 in 2016Q3.
Several other institutional investors also recently modified their holdings of the company. 9 funds opened positions while 35 raised stakes.
Lyon Street Capital Llc holds 8.11% of its portfolio in Natus Medical Inc for 456,016 shares. Stifel Financial holds 0.01% or 68,453 shares in its portfolio. Earnings surprises can have a huge impact on a company's stock price. Skylands Limited, Wisconsin-based fund reported 123,100 shares. Citigroup reported 0% in Sohu.com Inc (NASDAQ:SOHU). Nomura reported 10,000 shares stake. The bigger the return, the more efficient management is in utilizing its asset base. About 2,074 shares traded. Citigroup stated it has 722,929 shares or 0.02% of all its holdings. Wellington Mgmt Group Inc Ltd Liability Partnership has invested 0% in West Corp (NASDAQ:WSTC). Confluence Wealth Management Lc holds 26,400 shares. Trent Capital Management Inc.
Sei Investments Com reported 1.78M shares stake. A 23 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of NKE or, if they already own its stock, sell it. Therefore 50% are positive. iRadimed had 5 analyst reports since July 30, 2015 according to SRatingsIntel. Bank Of Montreal had 25 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned "Overweight" rating on Tuesday, September 20 by Morgan Stanley. The rating was initiated by Piper Jaffray with "Neutral" on Tuesday, November 24. Barclays Capital has "Equal-Weight" rating and $39 target. The stock of Lifelock Inc (NYSE:LOCK) earned "Buy" rating by Needham on Friday, December 18. The rating was maintained by Needham on Monday, June 20 with "Buy". Needham maintained Lifelock Inc (NYSE:LOCK) rating on Thursday, February 11. BMO Capital Markets has "Underperform" rating and $47 target.
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