Wells Fargo & Co (NYSE:WFC) Shares Bought by American National Bank

Reuters

Reuters

Wells Fargo & Company (WFC) reported its last quarterly earnings on 12/30/2017 where the firm reported its Actual EPS of $0.97/share against the analyst consensus estimate of $1.07/share. There is no guarantee that when share prices reach a 52 week low, the stock will begin to trade higher - it could break down to an even lower level. About 6.00M shares traded.

In continuation of the board refreshment process begun in 2017, Wells Fargo & Company (NYSE:WFC) announced that John S. Chen, Lloyd H. Dean, and Enrique Hernandez, Jr., now the board's longest serving directors, and Federico F. Peña, who was scheduled to retire from the board in 2019, have made a decision to retire at the company's 2018 Annual Meeting of Shareholders. It has underperformed by 7.03% the S&P500.

Marietta Investment Partners Llc decreased its stake in Itau Unibanco Holdin (ITUB) by 72.14% based on its latest 2017Q3 regulatory filing with the SEC. Ledyard Bank accumulated 22,235 shares. The institutional investor held 25,000 shares of the engineering & construction company at the end of 2017Q3, valued at $420,000, down from 47,500 at the end of the previous reported quarter. Winch Advisory Services LLC now owns 2,776 shares of the financial services provider's stock worth $154,000 after acquiring an additional 20 shares in the last quarter. ASML Holding N.V. (NASDAQ:ASML) has risen 44.52% since March 2, 2017 and is uptrending. It has outperformed by 12.26% the S&P500. Investors of record on Friday, February 2nd were issued a $0.39 dividend. Its down 0.15, from 0.88 in 2017Q2. 49 funds opened positions while 62 raised stakes. Nelson Roberts Invest Ltd Liability Co reported 3,313 shares. Nomura Asset Management Ltd holds 1.30 million shares or 0.93% of its portfolio. Virginia-based Alexandria Capital has invested 0.02% in Wells Fargo & Company (NYSE:WFC). Clearbridge Limited Liability invested in 2.16 million shares or 2.57% of the stock. Ntv Asset Management Limited Liability Corporation reported 11,363 shares. Marco Investment Mngmt Ltd Company holds 1.09% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 126,245 shares. National Asset Mgmt reported 1.28% of its portfolio in Amazon.com, Inc. Meyer Handelman reported 0.63% stake. DnB Asset Management AS now owns 495,577 shares of the financial services provider's stock worth $30,067,000 after acquiring an additional 8,359 shares during the last quarter. The company has 4.94 Billion shares outstanding and 4.91 Billion shares were floated in market. Cranbrook Wealth Mngmt Limited Co stated it has 1,344 shares or 0.03% of all its holdings. Greylin Invest Mangement reported 168,750 shares. Legal & General Group Inc Pcl holds 0% or 41,126 shares in its portfolio. Wade G W & holds 1.36% or 202,794 shares in its portfolio. Therefore 50% are positive. USG Corporation had 77 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Comcast Corporation (NASDAQ:CMCSA) earned "Buy" rating by RBC Capital Markets on Friday, September 8. The rating was upgraded by J.P. Morgan to "Buy" on Friday, January 5. Goldman Sachs upgraded the shares of ITUB in report on Wednesday, July 20 to "Neutral" rating. As per Monday, January 4, the company rating was downgraded by Monness Crespi & Hardt. The firm has "Hold" rating by Piper Jaffray given on Friday, July 28. The short ratio in the company's stock is documented at 1.52 and the short float is around of 0.73%.

Davis Capital Partners Llc, which manages about $314.70 million and $845.42 million US Long portfolio, decreased its stake in Td Ameritrade Hldg Corp (NYSE:AMTD) by 70,000 shares to 400,000 shares, valued at $19.52M in 2017Q3, according to the filing. They expect $0.12 EPS, down 29.41% or $0.05 from last year's $0.17 per share. WFC's profit will be $5.23B for 13.38 P/E if the $1.07 EPS becomes a reality.

The company's diluted EPS for trailing twelve months was 3.45.

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Investors sentiment decreased to 1.26 in 2017 Q3. Its up 0.45, from 0.95 in 2017Q2.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WFC. Iowa Bancorp accumulated 107,907 shares. 35,860 were reported by Martin And Inc Tn. Geode Cap Lc owns 45.73 million shares. Bank Of The Ozarks accumulated 22,673 shares or 0.52% of the stock. Capital World Investors now owns 111,753,448 shares of the financial services provider's stock worth $6,192,259,000 after purchasing an additional 10,927,679 shares during the last quarter.

Wells Fargo & Company (WFC)'s current session activity disclosed discouraging signal for active traders. Moreover, First Bancshares & Tru Of Newtown has 0.19% invested in Wells Fargo & Company (NYSE:WFC) for 12,445 shares. Intrust Bankshares Na stated it has 0.35% in Wells Fargo & Company (NYSE:WFC). The company has the market capitalization of $221.9 Billion. Stratos Wealth Ptnrs owns 35,079 shares or 0.09% of their USA portfolio. Westside Investment Management Inc. boosted its position in shares of Wells Fargo & Co by 63.9% during the second quarter. Therefore 94% are positive. Finally, BMO Capital Markets reiterated a "hold" rating and issued a $60.00 target price on shares of Wells Fargo & Co in a report on Monday, February 5th. The stock has "Buy" rating by Keefe Bruyette & Woods on Tuesday, December 12.

Wells Fargo & Co announced that its board has approved a share repurchase plan on Tuesday, January 23rd that permits the company to buyback 350,000,000 shares. Royal Bank of Canada cut Wells Fargo & Co from an "outperform" rating to an "underperform" rating in a report on Monday, February 5th. Raymond James maintained Wells Fargo & Company (NYSE:WFC) on Tuesday, August 8 with "Sell" rating.

Wells Fargo said earlier on Thursday that government agencies had inquired about improprieties in the wealth-management business related to 401 (k) rollovers and other products.

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