Published: Fri, January 12, 2018
Finance | By Loren Pratt

Wells Fargo & Co (NYSE:WFC) Shares Sold by Fisher Asset Management LLC

Wells Fargo & Co (NYSE:WFC) Shares Sold by Fisher Asset Management LLC

The hedge fund run by Anton Schutz held 192,000 shares of the major banks company at the end of 2017Q3, valued at $10.59M, up from 176,000 at the end of the previous reported quarter. Vetr lowered Wells Fargo & Co from a "hold" rating to a "sell" rating and set a $53.07 target price for the company.in a research report on Monday, October 2nd. Delphi Private Advisors LLC now owns 2,017 shares of the financial services provider's stock worth $100,000 after acquiring an additional 1,461 shares during the last quarter. Wells Fargo & Company (NYSE:WFC)'s short interest is 33.99 million shares, or 0.76% of the float. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2018/01/12/q4-2017-eps-estimates-for-wells-fargo-company-increased-by-jefferies-group-wfc.html. It has underperformed by 7.03% the S&P500. Farmers & Merchants Investments Inc sold 40,935 shares as Wells Fargo (WFC)'s stock declined 8.66%. The institutional investor held 15,443 shares of the public utilities company at the end of 2017Q3, valued at $1.09M, down from 25,923 at the end of the previous reported quarter. Biglari Capital Corp who had been investing in Investors Title Co for a number of months, seems to be less bullish one the $369.99 million market cap company. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. About 6.92 million shares traded. (NYSE:AEP) has risen 7.63% since January 12, 2017 and is uptrending. It has outperformed by 2.91% the S&P500.

Since August 10, 2017, it had 0 buys, and 1 insider sale for $2.10 million activity.

Investors of record on Friday, February 3rd will be paid a $0.38 dividend. Its down 0.10, from 1.06 in 2017Q2. Gillespie Robinson And Grimm stated it has 81,952 shares or 0.6% of all its holdings. Insight 2811 reported 7,844 shares. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.04. Manufacturers Life Insur The holds 11.61 million shares or 0.76% of its portfolio. 54,609 were reported by Sawgrass Asset Mngmt Ltd Com. Jane Street Lc invested in 0.02% or 82,544 shares. Hedeker Wealth Ltd Liability Co has 28,179 shares. Beese Fulmer Invest holds 0.05% or 4,055 shares in its portfolio. Bp Public Limited reported 1.02% stake. Kentucky Retirement Sys accumulated 276,158 shares. 5,407 are owned by Natixis. Cornerstone Advsr, a Alabama-based fund reported 9,000 shares. After a recent check, it is observed that the insiders for the firm now own 0.20% shares.

Among 19 analysts covering American Electric Power Company Inc. Therefore 50% are positive. Bank of America had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Buy" rating by UBS on Thursday, September 29. The firm has "Outperform" rating given on Monday, September 19 by Robert W. Baird. As per Tuesday, October 4, the company rating was downgraded by Raymond James. The stock has "Buy" rating by Keefe Bruyette & Woods on Thursday, September 28. RBC Capital Markets maintained Norfolk Southern Corporation (NYSE:NSC) on Wednesday, July 26 with "Sell" rating. 10 - 8 Day Moving Average Hilo Channel shows "Buy" signal.

Analysts await Herbalife Ltd. (NYSE:HLF) to report earnings on February, 22. They expect $1.21 EPS, up 49.38% or $0.40 from last year's $0.81 per share. After $6.36 actual EPS reported by AMERCO for the previous quarter, Wall Street now forecasts 44.65% EPS growth.


Connors Investor Services Inc, which manages about $522.13 million and $662.99 million US Long portfolio, decreased its stake in Liveperson Inc (NASDAQ:LPSN) by 81,283 shares to 223,107 shares, valued at $3.02 million in 2017Q3, according to the filing. Patten Group Inc acquired 46,610 shares as Norfolk Southern Corp (NSC)'s stock declined 7.75%. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eighteen have assigned a buy rating to the company's stock. Therefore 73% are positive. Atlantic Securities upgraded Wells Fargo & Co from an "underweight" rating to a "neutral" rating in a research report on Wednesday. The stock has "Buy" rating by Buckingham Research on Thursday, December 21. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. The company was maintained on Tuesday, December 12 by Keefe Bruyette & Woods. The stock has "Buy" rating by Argus Research on Tuesday, January 19.

WARNING: "Hayek Kallen Investment Management Boosts Position in Wells Fargo & Co (NYSE:WFC)" was first published by TrueBlueTribune and is the property of of TrueBlueTribune. The firm earned "Buy" rating on Monday, October 9 by Citigroup. BMO Capital Markets maintained the stock with "Sell" rating in Friday, July 14 report.

Investors sentiment increased to 0.89 in 2017 Q3. Its down 0.04, from 0.87 in 2017Q2. It fall, as 92 investors sold WFC shares while 725 reduced holdings.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BMO Capital Markets maintained the shares of BAC in report on Friday, October 6 with "Hold" rating. Berkshire Hathaway, Nebraska-based fund reported 464.23M shares. 15,605 are owned by Barrett Asset Management Limited Liability. Eagle Ridge Invest Mngmt holds 0.14% in Wells Fargo & Company (NYSE:WFC) or 15,000 shares. The Kentucky-based Central Comml Bank Tru has invested 0.01% in Wells Fargo & Company (NYSE:WFC). Serengeti Asset Management Ltd Partnership holds 4.65% of its portfolio in Herbalife Ltd. (NYSE:HLF) for 400,000 shares. Moreover, Commonwealth Bank Of Australia has 3.53% invested in the company for 5.34 million shares. 8,500 are held by Mayo Advisers Ltd Liability Corporation. Intact Investment Mgmt stated it has 17,500 shares. Lincoln Cap Limited Liability Corporation holds 0.2% or 5,754 shares in its portfolio.

Like this: