The biggest institutional shareholders in Wells Fargo & Company include Berkshire Hathaway Inc which owns 480 million shares in the company valued at $26.70 B million. The company has market cap of $5.77 billion. The stock declined 0.03% or $0.01 reaching $43.17 per share. Unilever plc (ADR) (NYSE:UL) has risen 20.68% since July 14, 2016 and is uptrending. It has outperformed by 20.18% the S&P500.
Companies also buy back shares when they believe the shares are undervalued. Wells Fargo & Company (WFC) has made its way to a 12-month gain of 15.19%. About 750,932 shares traded. Deposits increased by 5% year over year, while the loan portfolio grew by 1%.
To say the past few months have been tough ones for Wells Fargo & Co (NYSE:WFC) would be something of an understatement.
Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings results on Friday, July 14th. Therefore 42% are positive. On Tuesday, November 24 the stock rating was initiated by Piper Jaffray with "Neutral". Goldman Sachs upgraded the shares of WFC in report on Monday, January 11 to "Buy" rating. The company was upgraded on Wednesday, September 2 by Sandler O'Neill. Raymond James downgraded Wells Fargo & Co (NYSE:WFC) on Tuesday, October 4 to "Underperform" rating. Wells Fargo & Company presently has an average rating of "Hold" and a consensus target price of $56.00. Inverness Counsel Ltd Liability New York, New York-based fund reported 420,085 shares. Osher Van De Voorde stated it has 5.31% in Wells Fargo & Co (NYSE:WFC).
Since March 3, 2017, it had 1 buying transaction, and 7 sales for $397.31 million activity. SARGENT RONALD bought 9,050 shares worth $499,108. Over the last ninety days, insiders acquired 106,392 shares of company stock worth $5,526,822 and sold 231,278 shares worth $12,361,120. Hawaii-based Ckw Financial Group has invested 0.07% in Wells Fargo & Co (NYSE:WFC). $1.34M worth of Wells Fargo & Co (NYSE:WFC) was sold by Pelos Petros G. Loughlin Michael J sold $1.04M worth of Wells Fargo & Co (NYSE:WFC) on Tuesday, March 21.
Data source: Wells Fargo's Q2 2017 Earnings Release. The financial services provider reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.06.
Fee income dropped 7 percent to $9.69 billion.
Wells Fargo was among firms to kick off second-quarter earnings season for the largest USA banks.
Investors sentiment decreased to 0.67 in Q4 2016. Its up 0.08, from 1.13 in 2016Q3. First Western Capital Management Co's holdings in Wells Fargo & Company were worth $815,000 as of its most recent SEC filing. 149 funds opened positions while 487 raised stakes.
Despite the fact Wells Fargo & Company (NYSE:WFC) was trading at volume less than average, prior 52-week high was $59.99 and surged 15.19% over the same period, trading at a volume of 14.12 million. Scotia Capital Inc owns 593,354 shares or 0.52% of their USA portfolio. Connable Office invested in 0.8% or 63,241 shares. Greenleaf Tru invested 0.04% in Wells Fargo & Co (NYSE:WFC). 339,857 are owned by Eastern Natl Bank. Gemmer Asset Limited Co reported 3,499 shares. 96,009 are held by Calamos Wealth Management Llc. Manchester Ltd Liability Corporation holds 0.01% or 1,137 shares. Dc Cap Advisors has invested 6.62% in Wells Fargo & Co (NYSE:WFC). Vontobel Asset Management accumulated 6.63M shares. Helical Bar had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has declined 1.2 percent this year.
Stock has got OUTPERFORM rating from 8 analyst (s) whereas last month 8 analyst (s) have given outperform rating. The rating was downgraded by JP Morgan to "Neutral" on Wednesday, September 21. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, December 22. Shares dropped though a year ago after the bank agreed to a $185 million settlement with two regulators and a city official over opening as many as 2.1 million accounts with fictitious or unauthorized information. (NYSE: C) came out on top for Friday's report. It reported $US22.2 billion compared to the $US22.5 expected. SCHW's profit will be $522.98M for 27.67 P/E if the $0.39 EPS becomes a reality. It also reduced its holding in Senior Housing Properties Trust (NYSE:SNH) by 268,174 shares in the quarter, leaving it with 483,821 shares, and cut its stake in Intel Corp (NASDAQ:INTC). It is negative, as 31 investors sold Aqua America Inc shares while 123 reduced holdings.