Investors Buy Shares of Wells Fargo & Company (WFC) on Weakness


Curis, Inc. (NASDAQ:CRIS) has risen 2.47% since August 4, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Aew Capital Management LP increased Retail Properties Of America Inc Cl A (RPAI) stake by 22.14% reported in 2016Q4 SEC filing. Blume Capital Mngmt Inc has 118,042 shares. State Street reported 1.66 million shares stake. It has underperformed by 18.29% the S&P500.

Since March 3, 2017, it had 1 insider purchase, and 7 selling transactions for $397.31 million activity. $1.04 million worth of Wells Fargo & Co (NYSE:WFC) shares were sold by Loughlin Michael J.

In related news, insider Hope A. Hardison sold 20,000 shares of the firm's stock in a transaction on Wednesday, June 7th. BERKSHIRE HATHAWAY INC sold $383.92M worth of Wells Fargo & Co (NYSE:WFC) on Monday, April 10. $6.95 million worth of Wells Fargo & Co (NYSE:WFC) was sold by CARROLL DAVID M on Friday, March 3. Marshfield accumulated 1.17M shares. SARGENT RONALD had bought 9,050 shares worth $499,108. The stock was sold at an average price of $52.58, for a total value of $2,049,989.04. Its up 0.53, from 1.21 in 2016Q3. It dropped, as 112 investors sold WFC shares while 836 reduced holdings. Finally, CWA Asset Management Group LLC raised its stake in Wells Fargo & by 31.9% in the fourth quarter. Cambridge Co stated it has 46,336 shares or 0.18% of all its holdings. Meyer Handelman Co holds 199,718 shares or 0.49% of its portfolio. Moreover, Verition Fund has 0.06% invested in Wells Fargo & Co (NYSE:WFC) for 13,510 shares. Rockland owns 321,462 shares for 2.84% of their portfolio. Schulhoff And Inc has invested 0.13% in Wells Fargo & Co (NYSE:WFC). Wells Fargo & Co (NYSE:WFC) has risen 9.67% since August 4, 2016 and is uptrending. Cibc World Mkts has invested 0.15% in Wells Fargo & Co (NYSE:WFC). Pictet Bank Tru Ltd owns 97,850 shares. The California-based Clarivest Asset Management Ltd has invested 0% in Wells Fargo & Co (NYSE:WFC). Wells Fargo &'s yield ratio is 37.44%. Buckingham Cap Incorporated, a Alabama-based fund reported 14,802 shares. Concannon Wealth Ltd Liability Corporation has 200 shares.

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Wells Fargo & (NYSE:WFC) previously issued its fiscal periodic earnings information on early Fri, Jul 14th. Davis Selected Advisers now owns 26,425,695 shares of the financial services provider's stock worth $1,456,320,000 after buying an additional 232,344 shares in the last quarter. The financial services provider posted $1.07 EPS for the period, reaching the average forecast of $1.02 by $0.05. the company reported sales of $22.20 B for the period, compared with brokerage expectations of $22.23 B. Wells Fargo & had a net profit margin of 23.25% and a ROE of 12.65%. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.05.

Bangor Savings Bank increased Ishares Core S&P 500 Etf (IVV) stake by 11,294 shares to 224,031 valued at $50.41M in 2016Q4. Following the completion of the sale, the insider now owns 109 shares in the company, valued at approximately $5,675.63. Wal (NYSE:WMT) was raised too.

The bad news continues to pile up for Wells Fargo (NYSE:WFC), but does that mean investors should avoid its stock? Therefore 75% are positive. Wells Fargo & Company had 80 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods upgraded the shares of WFC in report on Tuesday, January 12 to "Outperform" rating. The rating was maintained by Beaufort Securities on Thursday, August 3 with "Speculative Buy". The stock of Wells Fargo & Co (NYSE:WFC) earned "Sell" rating by BMO Capital Markets on Friday, July 14. JP Morgan upgraded the shares of WFC in report on Friday, October 9 to "Overweight" rating. (NASDAQ:CRIS) on Monday, September 21 to "Sell" rating. Six research experts recommended the company shares with a sell recommendation, fourteen have published a hold recommendation, fifteen have issued a buy recommendation and 1 has released a strong buy recommendation to The corporation. the share now has a average recommendation of "Hold" and a consensus price objective of $55.87. The company was downgraded on Wednesday, October 19 by FBR Capital. Barry Investment Advisors Llc sold 3,715 shares as the company's stock rose 12.78% with the market. The firm's stock has a market capitalization of $273.92 bln. The analyst recommendations from a month ago are 2 Buy, 6 Strong Buy, 0 Sell, 4 Hold and 10. (AAPL) Isn't Just a Hardware Company Anymore" published on August 04, 2017, published: "Apple Inc. Piper Jaffray Companies boosted Wells Fargo & from an "underweight" recommendation to a "neutral" recommendation and lifted their PT for the shares from $54.84 to $55.00 in a study note on early Mon, Apr 10th. As per Monday, July 24, the company rating was maintained by Jefferies.