Wells Fargo Co New (WFC) Shareholder State Of Wisconsin Investment Board Increased Stake

June 27, 2018 - By Michael Lund

Wells Fargo & Company (NYSE:WFC) Corporate LogoBig Money Sentiment decreased to 0.59 in Q1 2018. It has change of 0.16, from 2017Q4’s 0.75. The ratio fall due to WFC positioning: 108 sold and 790 reduced. 122 funds amassed stakes and 412 increased stakes. Investors holded 3.64 billion in 2017Q4 but now own 3.62 billion shares or 0.62% less. Cap Fund Mngmt Sa has 0.05% invested in Wells Fargo & Company (NYSE:WFC) for 157,117 shs. Meristem Llp invested 0.96% of its capital in Wells Fargo & Company (NYSE:WFC). Moreover, First Bank & Trust Of Hutchinson has 0.19% invested in Wells Fargo & Company (NYSE:WFC). Ally reported 1.14% of its capital in Wells Fargo & Company (NYSE:WFC). Capital Ww Investors reported 2.02% stake. The Texas-based Salient Com Lta has invested 0.18% in Wells Fargo & Company (NYSE:WFC). Boston owns 131,896 shs. 344,561 are held by Cullen Frost Bankers. Fincl Architects has invested 2.01% in Wells Fargo & Company (NYSE:WFC). Pinnacle Wealth Mngmt Advisory Gru Ltd Liability has invested 0.13% in Wells Fargo & Company (NYSE:WFC). Van Hulzen Asset Management Ltd Liability accumulated 10,018 shs. St Germain D J holds 1.06% of its capital in Wells Fargo & Company (NYSE:WFC) for 160,147 shs. Neville Rodie And Shaw stated it has 218,770 shs. Suntrust Banks invested in 0.41% or 1.18M shs. Koch Indus invested 0.03% of its capital in Wells Fargo & Company (NYSE:WFC).

WFC had 1 sale and 0 buys since May 24, 2018. This’s net activity of $1.40 million.

In 2018Q1 SEC form is reported State Of Wisconsin Investment Board’s holdings in Wells Fargo Co New (WFC) which was increased by 2.81%. The company’s stock declined 8.45% with the market as State Of Wisconsin Investment Board bought 190,395 shares. The institutional investor is holding 6.96 million shares, compared to the 6.77 million from the previous quarter. And the announced value of the major banks company is $364.55M for the 2018Q1. Wells Fargo Co New has $260.38 billion market cap. The stock increased 0.01% or $0.0051 during the last trading session, reaching $53.4351.Wells Fargo & Company has volume of 1.62 million shares. Since June 27, 2017 WFC has risen 4.02% and is uptrending. WFC underperformed the S&P 500 by 8.55%.

State Of Wisconsin Investment Board reduced its stake in Acuity Brands Inc (NYSE:AYI) by 27,325 shares to 84,728 shares, valued at $11.79M in 2018Q1, according to the filing. It manages about $34.63B US Long portfolio. For a total of 66,064 shares it reduced its holding in Autoliv Inc (NYSE:ALV) by 37,003 shares in the quarter, and has cut its stake in Continental Resources Inc (NYSE:CLR).

For more Wells Fargo & Company (NYSE:WFC) news posted briefly go to: 247Wallst.com, Fool.com, Bizjournals.com, Seekingalpha.com or Businesswire.com. The titles are as follows: “6 Most Important Things in Business Today” posted on June 26, 2018, “3 Dividends to Love From Companies You Hate” on June 26, 2018, “Wells Fargo sheds almost 100 jobs in pricey San Francisco” with a publish date: June 19, 2018, “Wells Fargo eyes post-Brexit hubs” and the last “Wells Fargo Contributes $250000 for Bay Area Affordable Housing, Revitalization Efforts” with publication date: June 26, 2018.

Wells Fargo & Company (NYSE:WFC) Ratings Coverage

In total 23 analysts cover Wells Fargo (NYSE:WFC). “Buy” rating has 12, “Sell” are 4, while 7 are “Hold”. 52% are bullish. With $76 highest and $5400 lowest PT Wells Fargo has $62.87 average PT or 17.66% above the current ($53.4351) price. 42 are the (NYSE:WFC)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Monday, March 26 the stock has “Buy” rating by Robert W. Baird. On Friday, April 13 the company was maintained by BMO Capital Markets. On Friday, April 13 the rating was maintained by Susquehanna with “Hold”. The company rating was maintained by BMO Capital Markets on Thursday, January 4. In Wednesday, January 10 report Atlantic Securities upgraded the stock to “Neutral” rating. The stock rating was maintained by Buckingham Research with “Buy” on Monday, April 16. On Monday, February 5 the rating was downgraded by JP Morgan to “Underweight”. On Sunday, April 15 the rating was maintained by Piper Jaffray with “Hold”. On Sunday, February 4 the stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by BMO Capital Markets. The company rating was maintained by Susquehanna on Sunday, February 4.

Wells Fargo & Company (NYSE:WFC) Institutional Investors Chart

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