Hodges Capital Management Inc. Sells 14698 Shares of Wells Fargo & Co

Hodges Capital Management Inc. Sells 14698 Shares of Wells Fargo & Co

The fund owned 59,042 shares of the financial services provider's stock after selling 14,698 shares during the quarter. About 405,783 shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since January 11, 2017 and is downtrending.

Delphi Management Inc decreased its stake in Wells Fargo And Co (WFC) by 50.43% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 10,522 shares of the major banks company at the end of 2017Q3, valued at $580,000, down from 51,771 at the end of the previous reported quarter. The stock decreased 0.52% or $0.33 during the last trading session, reaching $62.79. Notably, in the reported quarter, the banking giant repurchased 51.4 million shares of its common stock. Wells Fargo & Company (WFC) average trading volume of 16,465,520 during the past month is 9.56% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. It has underperformed by 11.76% the S&P500.

Gillespie Robinson & Grimm Inc, which manages about $954.83 million and $750.30M US Long portfolio, upped its stake in Jp Morgan Chase& Co (NYSE:JPM) by 3,895 shares to 127,132 shares, valued at $12.14 million in 2017Q3, according to the filing. Becker Capital Management Inc. boosted its holdings in Wells Fargo & Co by 2.2% in the 3rd quarter.

Analysts await AMERCO (NASDAQ:UHAL) to report earnings on February, 14. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.13. The stock has a market cap of $310,510.00, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 1.72 and a beta of 0.96.

Investors sentiment increased to 1.13 in 2017 Q3. Its down 0.40, from 1.09 in 2017Q2. It dropped, as 33 investors sold INTU shares while 249 reduced holdings. 106 funds opened positions while 593 raised stakes. (NASDAQ:BIIB). Cubist Systematic Strategies Llc holds 0.19% of its portfolio in Biogen Inc. (NYSE:AZO). Mutual Of America Cap Mngmt Ltd Liability Corporation has invested 0.05% of its portfolio in AutoZone, Inc. Utah Retirement Sys accumulated 824,763 shares or 1.02% of the stock. Non-performing assets were down 23.7% to $8.7 billion in the quarter under review from $11.4 billion reported in the prior-year quarter. Sumitomo Mitsui Inc stated it has 0.02% in Mattel, Inc. Geode Capital Mgmt Ltd Liability Corp holds 0.02% or 1.66 million shares in its portfolio. Moreover, Schroder Investment Gru has 0.2% invested in Pepsico, Inc. Hbk Investments LP reported 6,800 shares. Ardsley Advisory Ptnrs reported 4,000 shares. First Fiduciary Invest Counsel Incorporated owns 434,564 shares. New York-based Nbt National Bank N A Ny has invested 1.83% in Pepsico, Inc. Gallagher Marie T. also sold $4.84 million worth of Pepsico, Inc.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 100% are positive. Palo Alto Networks had 179 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, December 7 the stock rating was maintained by Piper Jaffray with "Hold". 10,947 were accumulated by Sns Finance Group Ltd Limited Liability Company. Banks pay relatively high tax rates, so they stand to benefit from the reduction in the corporate rate from 35% to 21%. The rating was upgraded by Keefe Bruyette & Woods to "Outperform" on Wednesday, April 5. Morgan Stanley upgraded the stock to "Overweight" rating in Tuesday, September 20 report. The stock of CommScope Holding Company, Inc. On Tuesday, November 24 the stock rating was maintained by Oppenheimer with "Outperform".


According to Zacks, "Shares of Wells Fargo have underperformed the industry over the last six months". As per Thursday, December 1, the company rating was downgraded by Susquehanna. Wells Fargo & Company's payout ratio is 38.10%. Northland Capital has "Market Perform" rating and $22 target.

Investors sentiment decreased to 0.92 in 2017 Q3. Its up 0.02, from 0.93 in 2017Q2. It is negative, as 92 investors sold WFC shares while 725 reduced holdings. 30 funds opened positions while 78 raised stakes.

Wells Fargo was one of several major USA companies to announce employee pay raises following the law's passage. Fernwood Mgmt Lc holds 0.17% or 895 shares. Fin Engines Advisors Ltd owns 1,511 shares.

The comments came as the two companies reported their quarterly results, which were both heavily impacted by the change in tax laws, but in different ways. Smithbridge Asset Management De holds 12,073 shares or 0.47% of its portfolio. The stock of Wells Fargo & Company (NYSE:WFC) earned "Buy" rating by Guggenheim on Wednesday, July 29. Rockland Trust Co. grew its stake in shares of Wells Fargo & Co by 0.6% during the 2nd quarter. Hills Bank & reported 9,991 shares. 5,499 were accumulated by Parthenon Ltd Liability Company. Grassi stated it has 124,742 shares.

Shares of Wells Fargo & Company (NYSE:WFC) traded up 2.73% during mid-day trading on Friday, reaching $57.27. Therefore 39% are positive. The consensus estimates from Thomson Reuters are calling for $1.05 in earnings per share (EPS) and $22.34 billion in revenue. The rating was maintained by RBC Capital Markets on Monday, November 13 with "Buy".

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