April 22, 2018

Wells Fargo (WFC) Given a $54.00 Price Target at Susquehanna Bancshares

15 April 2018, 02:41 | Cesar Cruz

Wells Fargo Advisors continues to bleed reps

A Peek Into The Markets US Stock Futures Up Citigroup Wells Fargo Earnings In Focus

Northside Capital Management Llc who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $248.14B market cap company. Rnc Management Limited Liability Corp has 3.6% invested in Wells Fargo & Company (NYSE:WFC). About 12.93 million shares traded. It has underperformed by 19.30% the S&P500.

Glenmede Trust Company Na decreased its stake in Five Below Inc (FIVE) by 32.43% based on its latest 2017Q4 regulatory filing with the SEC. 780,324 were reported by Peak6 Invs Limited Partnership. The stock increased 2.47% or $0.32 during the last trading session, reaching $13.51. About 987,525 shares traded.

During 2017 Q4 the big money sentiment increased to 0.75. Its up 0.02, from 0.73 in 2017Q3. It worsened, as 28 investors sold FIVE shares while 95 reduced holdings. 151 funds opened positions while 383 raised stakes.

David Carroll, who retired as head of Wells Fargo's wealth and investment management division last July after 38 years with the company, recently came out in defense of the business unit, according to the Charlotte Observer. Mutual Of America Cap Ltd Limited Liability Company owns 177,123 shares or 0.18% of their USA portfolio. Aqr Cap Mngmt Lc owns 17,197 shares. Raymond James Na stated it has 299,813 shares or 1.22% of all its holdings. Banque Pictet Cie reported 249,133 shares.

Wells Fargo has been accused of steering minority borrowers into loans they could not afford, resulting in higher fees, defaults and foreclosures than for white borrowers, and rewarding employees with bonuses for offering such loans. Finally, Barclays PLC reissued a "buy" rating and issued a $65.00 price objective on shares of Wells Fargo & Company in a report on Tuesday, January 10th. Toronto Dominion State Bank reported 2.07M shares. Heritage Way Advisors LLC now owns 62,100 shares of the financial services provider's stock valued at $3,768,000 after purchasing an additional 25,407 shares in the last quarter.

Oscar-winning director Forman dies at 86
At the time, Forman was in Paris, in negotiations for Taking Off , a USA production about the youth protest movement. Forman (c.) directed Danny DeVito (l.) and Jim Carrey (r.) in the Andy Kaufman biopic " Man on the Moon ".

Since November 17, 2017, it had 0 insider buys, and 1 sale for $292,234 activity. Finally, Vetr upgraded Wells Fargo from a "strong sell" rating to a "sell" rating and set a $54.78 price objective for the company in a report on Monday, February 5th. The positive are 55%.

Citigroup, Wells Fargo and J.P. Morgan Chase all reported quarterly earnings and revenue that surpassed analyst expectations. The rating was maintained by Robert W. Baird on Tuesday, January 2 with "Buy". On Friday, April 15 the stock rating was downgraded by Piper Jaffray to "Underweight". (NASDAQ:FIVE) rating on Wednesday, August 30. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and fifteen have issued a buy rating to the stock.

Furthermore, Bank of America (BAC.N) plans to quit lending to organizations which make military-style guns for civilians, " a Bank of America executive claimed. As per Monday, October 16, the company rating was maintained by UBS. The company rating was maintained by Keefe Bruyette & Woods on Thursday, December 21. Cantor Fitzgerald maintained the shares of ANTM in report on Thursday, September 14 with "Buy" rating. The firm has "Outperform" rating given on Wednesday, April 12 by Evercore.

Putnam Fl Investment Management Co, which manages about $1.28B and $1.09 billion US Long portfolio, upped its stake in Becton Dickinson & Co. It also increased its holding in Fiat Chrysler Auto (Put) by 1,169 shares in the quarter, for a total of 7,347 shares, and has risen its stake in Yacimientos Adr (NYSE:YPF). The firm has "Buy" rating given on Monday, November 13 by Citigroup. 6,500 shares were sold by Reitman Stephen F, worth $406,065. Cable Hill Partners LLC now owns 2,594 shares of the financial services provider's stock valued at $117,000 after buying an additional 247 shares during the last quarter. It is positive, as 36 investors sold KORS shares while 112 reduced holdings. 58 funds opened positions while 125 raised stakes. 5,637 were reported by Sigma Counselors. 113.62 million shares or 7.16% less from 122.38 million shares in 2017Q3 were reported. Credit Agricole S A owns 5,000 shares for 0.02% of their portfolio.

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