Trader's Watch List: Wells Fargo & Company

Trader's Watch List: Wells Fargo & Company

Wells Fargo & Company (NYSE:WFC)'s short interest is 31.92 million shares, or 0.71% of the float.

The Percentage Price Oscillator is above the signal line on shares of Wells Fargo Advantage (EAD). Wells Fargo & had a return on equity of 12.65% and a net margin of 23.25%. It has underperformed by 2.78% the S&P500.

Wells Fargo & (NYSE:WFC) last posted its quarterly earnings results on Friday, July 14th. Alpha Cubed Investments Llc acquired 117,380 shares as Wells Fargo Co New (WFC)'s stock declined 8.66%. Alexandria Capital LLC boosted its holdings in Wells Fargo & by 0.3% during the 1st quarter.

Wells Fargo & declared that its Board of Directors has initiated a share buyback plan on Wednesday, June 28th that authorizes the company to buyback $11.50 billion in shares.

The stock decreased 0.26% or $0.05 during the last trading session, reaching $18.85. About 7.46M shares traded. Wells Fargo & has a one year low of $44.28 and a one year high of $59.99. It has underperformed by 7.03% the S&P500. The company's stock had a trading volume of 1,455,014 shares. Pelos Petros G sold $1.34 million worth of stock. Another trade for 9,050 shares valued at $499,108 was made by SARGENT RONALD on Friday, May 5.

Institutions own 76.57% of Wells Fargo & Company (WFC)'s shares.

The original version of this report can be accessed at https://www.truebluetribune.com/2017/10/12/jefferies-group-analysts-increase-earnings-estimates-for-wells-fargo-company-wfc.html. Therefore 27% are positive.


A number of analysts offered their Estimated Earnings analysis for Wells Fargo & Company (WFC) for the current quarter. The company has surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters.

The best 30 year refinance loan interest rates at Wells Fargo have been offered at 4.000% today carrying an April of 4.050%. The rating was maintained by Evercore with "Outperform" on Wednesday, April 19. Keefe Bruyette & Woods has "Buy" rating and $6200 target.

Since the beginning of the calendar year, the stock is 12.23%. Adelante Capital Management Llc who had been investing in Retail Opportunity Investmen for a number of months, seems to be bullish on the $2.11 billion market cap company. Sandler O'Neill upgraded the stock to "Buy" rating in Wednesday, September 2 report.

Investors sentiment increased to 0.88 in Q2 2017. Its down 0.30, from 0.88 in 2017Q1. Moreover, Lumbard & Kellner Llc has 4.39% invested in the company for 139,553 shares. 110 funds opened positions while 566 raised stakes. $1.04 million worth of Wells Fargo & Co (NYSE:WFC) was sold by Hardison Hope A. on Tuesday, May 16. Wells Fargo & Co Del Com now has $276.29B valuation. Delphi Management Inc Ma has invested 2.68% in Wells Fargo & Co (NYSE:WFC). Finally, Vetr upgraded shares of Wells Fargo & from a sell rating to a hold rating and set a $53.07 price objective on the stock in a research report on Monday, September 18th. Gam Holdg Ag holds 1.33 million shares. Moreover, Geode Capital Management Llc has 0% invested in the company for 37,129 shares. Novare Cap Ltd Liability Corporation, North Carolina-based fund reported 95,146 shares. Violich Management reported 29,925 shares.

Raiff Partners Inc holds 9.65% of its portfolio in Metlife Inc for 61,000 shares. Holowesko Prtnrs Ltd invested in 7.68% or 2.05 million shares. Patriot Wealth Management Inc. now owns 160,873 shares of the financial services provider's stock worth $8,954,000 after buying an additional 6,997 shares in the last quarter.

EPS Estimate for the next year is 4.4. Matrix Asset Advisors Inc Ny, a New York-based fund reported 431,074 shares. 189,169 are held by Bbva Compass National Bank & Trust Inc.

Exciting times ahead? WFC is covered by 21 analysts who by consensus are expecting earnings to increase from today's level of $4.1 to $4.75 over the next couple of years. Therefore 83% are positive. The stock of Procter & Gamble Co (NYSE:PG) has "Hold" rating given on Tuesday, August 4 by TheStreet. Nomura maintained Wells Fargo & Co (NYSE:WFC) on Monday, April 25 with "Buy" rating. The company was upgraded on Tuesday, September 20 by Morgan Stanley. The stock has "Buy" rating by B. Riley & Co on Wednesday, October 26. The firm earned "Outperform" rating on Thursday, August 17 by RBC Capital Markets. BMO Capital Markets maintained the stock with "Hold" rating in Sunday, July 30 report. Credit Suisse downgraded the stock to "Neutral" rating in Thursday, February 16 report. UBS maintained Procter & Gamble Co (NYSE:PG) on Monday, October 26 with "Neutral" rating.

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