The stock has "Overweight" rating by JP Morgan on Wednesday, July 29.
Concert Wealth Management Inc increased Wells Fargo & Co New (WFC) stake by 27636% reported in 2016Q4 SEC filing.
During the latest trading session Wells Fargo & Company (NYSE:WFC) stock went up with a prior 52-week high of $59.99. Boston Partners has an ownership of 7,948,841 stocks of the financial services provider's shares valued at $442,432,000 following purchasing an extra 2,648,763 shares through out the quarter. Moreover, Art Advsr Ltd Liability has 0.22% invested in Wells Fargo & Co (NYSE:WFC). The stock rose 0.48% or $1.14 reaching $238.99. About 206,000 shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since September 20, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.
Among 3 analysts covering CareDx (NASDAQ:CDNA), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 41% are positive. CareDx had 4 analyst reports since September 25, 2015 according to SRatingsIntel. TD Securities upgraded it to "Buy" rating and $65 target in Monday, August 17 report. The firm has "Hold" rating by Sandler O'Neill given on Wednesday, April 12. The rating was downgraded by Argus Research to "Hold" on Wednesday, January 18. The rating was maintained by Jefferies with "Hold" on Friday, July 7. London Of Virginia holds 3.32% in Wells Fargo & Co (NYSE:WFC) or 8.76M shares. The company was maintained on Wednesday, July 12 by Susquehanna. Deutsche Bank maintained the shares of WFC in report on Thursday, September 22 with "Buy" rating. Evercore has "Outperform" rating and $64 target.
The collective rating of 2.6 for Wells Fargo & Company (NYSE:WFC) also leans strongly towards the neutral end of the spectrum. Pelos Petros G had sold 24,708 shares worth $1.34 million on Monday, June 12.
Since March 21, 2017, it had 1 insider purchase, and 4 sales for $387.85 million activity. Schwab Charles Investment Management has invested 0.84% of its portfolio in Wells Fargo & Co (NYSE:WFC). $383.92 million worth of Wells Fargo & Co (NYSE:WFC) was sold by BERKSHIRE HATHAWAY INC. It also increased its holding in Select Sector Spdr Tr (XLF) by 16,440 shares in the quarter, for a total of 26,491 shares, and has risen its stake in Vanguard Intl Equity Index F (VWO). On Tuesday, March 21 the insider Loughlin Michael J sold $1.04 million. Wells Fargo & comprises about 1.6% of Perkins Coie Trust Co's investment portfolio, making the stock its 14th biggest position. 9,050 shares valued at $499,108 were bought by SARGENT RONALD on Friday, May 5.
Analyst Opinion Summary: Jamba, Inc. (JMBA), Installed Building Products, Inc. (IBP)
The stock of Installed Building Products Inc (NYSE:IBP) has "Hold" rating given on Tuesday, August 22 by KeyBanc Capital Markets. Clearbridge Llc decreased Colgate Palmolive Co (NYSE:CL) stake by 374,350 shares to 767,519 valued at $50.23 million in 2016Q4.
Wells Fargo & (NYSE:WFC) last released its earnings results on Friday, July 14th. They expect $0.37 earnings per share, up 23.33% or $0.07 from last year's $0.3 per share. Covington Cap Management has 1.26% invested in Wells Fargo & Co (NYSE:WFC) for 257,794 shares.
Investors sentiment decreased to 0.67 in 2016 Q4. Its up 0.12, from 0.76 in 2016Q3. It dived, as 112 investors sold WFC shares while 836 reduced holdings.
Quite a few investment firms and many large funds have acquired or sold some of the position in the company. Financial Architects Inc holds 113,576 shares or 1.47% of its portfolio.
Analysts await Wells Fargo & Co (NYSE:WFC) to report earnings on October, 13 before the open. Financial Advisory stated it has 6,588 shares. Eaton Vance Management owns 3.88M shares. Cs Mckee LP has 619,397 shares for 2.6% of their portfolio. $1.47M worth of Wells Fargo & Co (NYSE:WFC) was sold by CARROLL DAVID M. On Tuesday, May 16 Hardison Hope A. sold $1.04M worth of Wells Fargo & Co (NYSE:WFC) or 20,000 shares. Metropolitan Life Ins owns 28,447 shares or 0.01% of their USA portfolio. Matrix Asset Advsrs has 489,636 shares. Doheny Asset Mgmt Ca reported 0.43% in Wells Fargo & Co (NYSE:WFC). The stock declined 0.09% or $0.05 reaching $53.31 per share. Farmers Merchants Invests has invested 3.79% in Wells Fargo & Co (NYSE:WFC). Wealthtrust reported 4,941 shares stake. State of Wisconsin Investment Board now owns 5,492,211 shares of the financial services provider's stock worth $305,696,000 after purchasing an additional 791,867 shares during the period. Pace Hldgs Corp was raised too. WFC has a beta of 0.94 and JPM's beta is 1.16. Sumitomo Mitsui Trust Holdings Inc. now owns 13,415,854 shares of the financial services provider's stock worth $746,726,000 after purchasing an additional 93,236 shares during the period. 41 funds opened positions while 71 raised stakes. 9,877,518 shares of the company were exchanged. Viking Fund Management LLC now owns 54,000 shares of the financial services provider's stock valued at $3,006,000 after purchasing an additional 3,000 shares during the period. The correct version of this story can be accessed at https://www.equitiesfocus.com/2017/09/20/wells-fargo-company-wfc-shares-bought-by-alta-capital-management-llc.html. Integral Derivatives Lc holds 0.02% or 21,499 shares in its portfolio. Northern Tru Corporation has 612,727 shares. Wells Fargo &'s yield ratio (DPR) is 38.42%. California-based California State Teachers Retirement Sys has invested 0.01% in Proofpoint Inc (NASDAQ:PFPT). Emerald Mutual Fund Advisers has 1.01% invested in Proofpoint Inc (NASDAQ:PFPT) for 301,296 shares. (NASDAQ:IDCC). New York-based Goldman Sachs Grp Inc has invested 0.02% in InterDigital, Inc.
On the other hand, Schlumberger Limited by far traveled 8.52% versus a 1-year low price of $62.56. Airain Limited reported 15,704 shares. Gw Henssler Associate invested in 109,287 shares.