Analysts Showing Optimistic Trends For Wells Fargo & Company

Tim Sloan Chief Executive Officer of Wells Fargo & Company

Tim Sloan Chief Executive Officer of Wells Fargo & Company

Institutional investors own 76.05% of the company's stock. About shares traded. Primerica, Inc. Eubel Brady And Suttman Asset Mngmt Inc owns 3.58% invested in Wells Fargo & Co (NYSE:WFC) for 216,218 shares. It has underperformed by 16.70% the S&P500. Its share price has decline -2.60% in three months and is down -0.50% for the last five trades. The Qci Asset Management Inc holds 251,421 shares with $13.86M value, up from 223,257 last quarter. The stock rose 1.05% or $1.6 reaching $153.66. Cummins Inc. (NYSE:CMI) has risen 43.32% since August 22, 2016 and is uptrending. It has outperformed by 28.99% the S&P500. The value of the investment in WFC went from $19,125,000 to $20,106,000 increasing 5.1% quarter over quarter. Therefore 42% are positive. The high and low revenue estimates for the current quarter are $23.14 Billion and $21.73 Billion, respectively. The firm earned "Overweight" rating on Monday, August 21 by JP Morgan. Finally, Jefferies Group LLC reiterated a "hold" rating and issued a $62.00 target price on shares of Wells Fargo & in a research report on Thursday, June 8th. The firm has "Outperform" rating given on Tuesday, January 12 by Keefe Bruyette & Woods. Barclays Capital has "Overweight" rating and $61 target. Argus Research maintained the shares of HCA in report on Monday, August 14 with "Buy" rating. Telsey Advisory maintained the shares of KORS in report on Wednesday, February 8 with "Market Perform" rating. The firm earned "Hold" rating on Friday, July 28 by Piper Jaffray.

On July 27, 2017, The New York Times reported that Wells Fargo admitted that it was involved in improper insurance practices, and that over 800,000 people took out auto insurance policies that they did not need. Kempen Capital Management Nv reported 198,300 shares or 1.37% of all its holdings.

Wells Fargo (WFC) on Tuesday upped its year-end S&P 500 price target to a range of 2,300 to 2,400, up from its prior range of 2,230 to 2,330, CNBC reports. The financial services provider reported $1.07 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.05. T_CWB's profit will be $55.60 million for 11.29 P/E if the $0.63 EPS becomes a reality. 20,000 Wells Fargo & Co (NYSE:WFC) shares with value of $1.04M were sold by Loughlin Michael J.

Investors sentiment decreased to 0.67 in Q4 2016. Its up 0.18, from 0.92 in 2016Q3. It dived, as 112 investors sold WFC shares while 836 reduced holdings. Hawaii-based Cadinha Limited Liability Com has invested 0.38% in Wells Fargo & Co (NYSE:WFC). Texas-based Frontier Invest Mngmt has invested 1.82% in Wells Fargo & Co (NYSE:WFC). Virtus Advisers reported 0.72% in Wells Fargo & Co (NYSE:WFC). Atlanta Cap Grp Inc holds 0.56% or 47,969 shares in its portfolio.

Several brokerages have recently weighed in on WFC. (NASDAQ:PLUS) has risen 75.66% since August 22, 2016 and is uptrending. Winfield Associates holds 0.16% or 4,758 shares. 8,074 are held by Arcadia Inv Mngmt Mi. Moneta Invest Advsrs has invested 0.17% of its portfolio in Wells Fargo & Co (NYSE:WFC). Butensky And Cohen Security reported 40,471 shares or 2.06% of all its holdings. Finally, Amarillo National Bank raised its stake in Wells Fargo & by 0.7% in the first quarter. Insiders own 0.22% of the company's stock.

Since March 3, 2017, it had 1 insider purchase, and 7 selling transactions for $397.31 million activity. Insiders have sold 131,278 shares of company stock worth $6,940,120 over the last 90 days. $383.92 million worth of stock was sold by BERKSHIRE HATHAWAY INC on Monday, April 10. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Therefore 29% are positive. Primerica Inc. had 15 analyst reports since August 17, 2015 according to SRatingsIntel. Stifel Nicolaus maintained ePlus Inc. The company was maintained on Wednesday, October 7 by KeyBanc Capital Markets. The company was maintained on Thursday, August 3 by Stifel Nicolaus. The firm has "Hold" rating by TD Securities given on Friday, March 3. Deutsche Bank downgraded the shares of CMI in report on Tuesday, September 22 to "Hold" rating.

Investors sentiment decreased to 0.67 in 2016 Q4. Its up 0.55, from 0.74 in 2016Q3. 44 funds opened positions while 52 raised stakes. Pegasus Partners Ltd. acquired a new stake in shares of Wells Fargo & during the fourth quarter valued at $202,000. The Massachusetts-based Fmr Ltd Liability Company has invested 0% in Harsco Corporation (NYSE:HSC). 56,891 were accumulated by Ahl Limited Liability Partnership. Blackrock Fund invested 0% of its portfolio in Quantum Corp (NYSE:QTM). (NYSE:CMI). Beacon holds 3,457 shares. Baystate Wealth Management Ltd Liability Com reported 0.02% in Wells Fargo & Co (NYSE:WFC). (NYSE:CMI) for 491 shares. Savant Capital Limited has 49,121 shares. Creative Planning invested 0% in Harsco Corporation (NYSE:HSC). It also reduced Mead Johnson Nutrition Co (Call) (NYSE:MJN) stake by 14,500 shares and now owns 5,000 shares.

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