In other Wells Fargo & Company news, insider Michael J. Loughlin sold 17,482 shares of the firm's stock in a transaction dated Monday, December 4th. Wells Fargo & Company's revenue was down.9% on a year-over-year basis.
Wells Fargo & Company (WFC) analysts on average have given a price target of $57.68 on WFC stock. About 8.44M shares traded. This continues to be an interesting story, and we look forward to updating it again soon on Wells Fargo & Company. It has underperformed by 7.03% the S&P500.
Jacobs & Co increased Kraft Heinz Co (KR) stake by 8.8% reported in 2017Q2 SEC filing.
Investors may also want to take a longer-term look at company shares. North Star Inv Management holds 0.16% or 21,552 shares in its portfolio. The short ratio in the company's stock is documented at 1.59 and the short float is around of 0.6%. Monsanto Company (NYSE:MON) has risen 15.46% since December 12, 2016 and is uptrending. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 13.46. Its down 0.15, from 0.88 in 2017Q1. It increased, as 69 investors sold BG shares while 136 reduced holdings. 110.83 million shares or 0.16% less from 111.01 million shares in 2017Q1 were reported. Stockholders of record on Friday, November 3rd were issued a dividend of $0.39 per share. Clinton Inc reported 222,886 shares. Wealth Enhancement Advisory Lc has 12,043 shares for 0.09% of their portfolio. Vanguard Grp stated it has 0.08% in The Kroger Co. Osborne Capital Mngmt Limited has invested 0.03% in Bunge Limited (NYSE:BG). First Midwest National Bank Tru Division stated it has 36,510 shares. The Weekly Volatility is 0.83% and the Monthly Volatility is 1.51%. 91,363 were accumulated by Williams Jones Ltd Liability Com. Cohen & Steers Incorporated accumulated 62,207 shares. Moreover, Next Fincl Group has 0% invested in Monsanto Company (NYSE:MON) for 475 shares. The dividend yield of 2.90% measures the amount of cash dividends distributed to common shareholders relative to the market value per share. Liberty Interactive Corp was reduced too. Therefore 29% are positive. Emerge Energy Services had 38 analyst reports since July 30, 2015 according to SRatingsIntel. The company was upgraded on Monday, October 10 by UBS. Keefe Bruyette & Woods maintained it with "Buy" rating and $61.0 target in Thursday, September 28 report.
The stock is now showing YTD performance of 6.82 Percent. Jacobs & Ca reported 13,330 shares. The company was maintained on Thursday, August 3 by Piper Jaffray. The firm has "Overweight" rating by Morgan Stanley given on Tuesday, September 20.
Investors sentiment decreased to 0.73 in Q2 2017.
Several other institutional investors have also sold shares of the company. Td Cap Ltd reported 0.01% stake. Goldman Sachs Group Inc Inc holds 0% of its portfolio in Emerge Energy Services LP (NYSE:EMES) for 412,185 shares. Cambridge Investment Rech Advsr holds 0.3% or 362,201 shares. Amer Natl Ins Tx owns 358,593 shares for 1.08% of their portfolio. American National Registered Advisor invested in 41,268 shares or 0.95% of the stock. Nj State Employees Deferred Compensation Plan reported 100,000 shares or 1.05% of all its holdings. 878,287 were reported by Public Employees Retirement Association Of Colorado. Wells Fargo & Company (NYSE:WFC) has consensus analyst target price is $57.68. 13,654 were accumulated by Capwealth Ltd. Karpas Strategies Limited Liability Company holds 90,648 shares or 2.27% of its portfolio.
Shares of Wells Fargo & Company (NYSE:WFC) have been recently spotted trading 0.47% off of the 52-week high price. Norges Bank purchased a new stake in Wells Fargo & Company during the fourth quarter worth approximately $2,800,566,000. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since December 12, 2016 and is uptrending. The low EPS estimate is $1.23, while the high EPS estimate is $1.36. WFC's profit would be $5.12 billion giving it 14.50 P/E if the $1.04 EPS is correct. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. sell-side analysts anticipate that Wells Fargo & Company will post 3.97 earnings per share for the current fiscal year.
Mufg Americas Holdings Corp increased Schwab Strategic Tr (SCHA) stake by 7,617 shares to 32,959 valued at $2.11M in 2017Q2. Barclays Plc (NYSE:BCS) was raised too. Wall Street is only getting more bullish on the stock, with 12 of analysts who cover WFC having a buy-equivalent rating. Therefore 42% are positive. Wells Fargo & Company had 104 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with "Buy" rating and $6200 target in Thursday, June 22 report. The firm has "Neutral" rating given on Friday, October 23 by Seaport Global Securities. The rating was maintained by Robert W. Baird with "Buy" on Friday, October 6. The stock has "Neutral" rating by Guggenheim on Wednesday, April 6. On Friday, June 9 the stock rating was maintained by Jefferies with "Hold".
BMO Capital Markets downgraded Regal Beloit Corporation (NYSE:RBC) on Tuesday, August 2 to "Market Perform" rating.
More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Fool.com which released: "Better Buy: Wells Fargo & Company vs. Bank of America" on November 30, 2017, also Reuters.com with their article: "In a push upmarket, Wells Fargo gives top brokers raises in 2018" published on December 01, 2017, Seekingalpha.com published: "Mulvaney weighs Wells Fargo penalties" on December 08, 2017.