Economy

Wells Fargo & Company (WFC) Holdings Lifted by HPM Partners LLC

Institutional investors and hedge funds own 73.60% of the company's stock.

Wells Fargo & (NYSE:WFC) last announced its quarterly earnings results on Friday, July 14th.

The counter witnessed a trading volume of 8.05 million shares versus an average volume of 0.75 million shares during last trading session. Brick & Kyle Associates raised its holdings in shares of Wells Fargo & by 9.5% during the first quarter. Stewart & Patten Co Llc bought 11,530 shares as the company's stock declined 0.53% while stock markets rallied. Moreover, Commerce National Bank has 1.01% invested in Wells Fargo & Co (NYSE:WFC) for 1.23 million shares. Stewart & Patten Co Llc who had been investing in V F Corp for a number of months, seems to be bullish on the $24.83 billion market cap company. The stock decreased 1.00% or $0.11 during the last trading session, reaching $10.89. Its share price has decline -7.49% in three months and is down -37.89% for the last five trades. It has underperformed by 29.77% the S&P500. Therefore 35% are positive. V.F. Corp has $95 highest and $5100 lowest target. The stock's last price was lower from the average trading price of 50 days recorded at $4.53 while enlarging the period to 200 trading days, the average price was $5.96. Seven equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The stock has "Neutral" rating by PiperJaffray on Tuesday, January 3. The firm earned "Hold" rating on Thursday, July 20 by Piper Jaffray. The company was upgraded on Tuesday, October 27 by Rosenblatt. Rosenblatt maintained the shares of NTGR in report on Tuesday, February 9 with "Buy" rating. The firm has "Neutral" rating given on Tuesday, April 5 by Sterne Agee CRT. Wunderlich initiated NetGear, Inc. The firm has "Outperform" rating by Telsey Advisory Group given on Tuesday, October 25.

Investors sentiment increased to 1.59 in 2016 Q4. Its up 0.30, from 1.29 in 2016Q3. It dropped, as 21 investors sold NetGear, Inc. shares while 80 reduced holdings. 13 funds opened positions while 36 raised stakes. (NYSE:ENZ). Strs Ohio owns 97,000 shares or 0% of their U.S. portfolio. Cwm Ltd Limited Liability Company accumulated 45 shares or 0% of the stock. Factory Mutual owns 579,800 shares for 0.37% of their portfolio. (NYSE:ENZ). Citigroup reported 0% stake. Pnc Finance Grp Inc reported 8.51% stake. The Vermont-based Maple Capital Mngmt has invested 0.03% in Enzo Biochem, Inc. (NASDAQ:NTGR). Macquarie Group Incorporated Ltd reported 0.04% in NetGear, Inc. Whittier Tru has invested 0.16% of its portfolio in VF Corp (NYSE:VFC). Blackrock Mngmt Ltd Company stated it has 789,727 shares or 0.05% of all its holdings. Meeder Asset Mngmt Inc has invested 0% of its portfolio in NetGear, Inc. Manufacturers Life Insurance The accumulated 366,498 shares or 0.03% of the stock. Hallmark Mngmt has 26,017 shares. Creative Planning invested in 0.02% or 59,825 shares. The ex-dividend date of this dividend is Wednesday, February 1st.

Shares of Wells Fargo & Company (NYSE:WFC) opened at 55.63 on Thursday. Wells Fargo & Company (WFC) has made its way to a 12-month gain of 9.58%. Wells Fargo & had a net profit margin of 23.25% and a ROE of 12.65%. The stock has "Sell" rating by BMO Capital Markets on Wednesday, May 31. (NASDAQ:NTGR) on Wednesday, June 8 with "Buy" rating. The firm has "Underperform" rating given on Tuesday, October 4 by Raymond James. Zacks Investment Research raised shares of Wells Fargo & from a "sell" rating to a "hold" rating in a report on Monday, July 10th. Keefe, Bruyette & Woods set a $62.00 price target on shares of Wells Fargo & and gave the company a "buy" rating in a research note on Friday, May 19th. The company posted earnings of $22.20 B for the period end, compared with brokerage expectations of $22.23 B. For the same quarter past year, firm posted $1.01 EPS. The 1 year EPS growth rate is 621.70%.

HPM Partners LLC increased its stake in shares of Wells Fargo & Company (NYSE:WFC) by 160.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Investors sentiment increased to 0.88 in 2016 Q4. Its down 0.30, from 0.97 in 2016Q3. Alexandria Capital LLC now owns 1,826 shares of the financial services provider's stock worth $102,000 after acquiring an additional 6 shares during the period. Wells Fargo & Co New Com now has $255.44B valuation. Riverbridge Prtnrs Ltd Liability owns 7,066 shares. About shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since September 14, 2016 and is uptrending. 41,471 are held by Pitcairn Co. Victory Capital Mgmt holds 0% of its portfolio in NetGear, Inc. Wells Fargo & comprises about 0.6% of HPM Partners LLC's portfolio, making the stock its 27th biggest position. Atalanta Sosnoff Capital Limited Co holds 0.06% or 33,065 shares. Signalpoint Asset Limited Co has invested 0.27% of its portfolio in Wells Fargo & Co (NYSE:WFC). Montag And Caldwell Limited Liability holds 0.01% or 3,900 shares in its portfolio.

Wells Fargo & Company has a consensus hold rating from 31 Wall Street analysts, and the number of shares now sold short amount to at least 0.58% of shares outstanding. (NASDAQ:NTGR). Allianz Asset Ag accumulated 0.02% or 335,861 shares. It improved, as 112 investors sold WFC shares while 836 reduced holdings.



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