The company's stock had a trading volume of 19,879,774 shares.
Net income applicable to shareholders rose to US$5.74 billion, or US$1.16 per share on GAAP basis, in the quarter ended December 31, from US$4.87 billion or 96 cents per share a year ago. Stoneridge Investment Partners LLC's holdings in Wells Fargo & Co were worth $11,885,000 as of its most recent filing with the Securities & Exchange Commission. The stock decreased 0.69% or $1.13 during the last trading session, reaching $162.38. About 2,855 shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since January 11, 2017 and is uptrending. It has underperformed by 11.76% the S&P500.
Marshfield Associates increased its stake in Chipotle Mexican Grill Cl A (CMG) by 75.65% based on its latest 2017Q3 regulatory filing with the SEC. Berkshire Hathaway Inc acquired 3.34M shares as Synchrony Finl (SYF)'s stock declined 26.83%.
"While we faced challenges in 2017", CEO Tim Sloan said in a statement, "we are a much better company today than we were a year ago, and I am confident that this year Wells Fargo will be even better". Ancient Art Lp who had been investing in Amerco for a number of months, seems to be less bullish one the $7.31B market cap company. It closed at $154.16 lastly. First Midwest National Bank Trust Division reported 38,859 shares. It has underperformed by 4.50% the S&P500.
Eminence Capital Lp, which manages about $10.55 billion and $6.18B US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 12,632 shares to 746,231 shares, valued at $141.69M in 2017Q3, according to the filing. Mattersight Corporation (NASDAQ:MATR) has declined 29.56% since January 12, 2017 and is downtrending.
Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on January, 12 before the open. During the same quarter last year, the firm posted $1.03 EPS. research analysts expect that Wells Fargo & Co will post 3.98 EPS for the current fiscal year.
The beta factor is 2.61.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb.
WFC stock was down slightly as of noon Friday. Morgan Stanley upgraded the stock to "Overweight" rating in Tuesday, September 20 report. The rating was maintained by UBS with "Sell" on Thursday, September 15. Numeric Investors Ltd Company holds 0.13% in Wells Fargo & Company (NYSE:WFC) or 314,700 shares. The rating was maintained by Oppenheimer with "Hold" on Friday, July 14. Barclays Capital maintained CommScope Holding Company, Inc. The firm has "Buy" rating given on Tuesday, January 9 by Credit Suisse.
Investors saw a positive move of 0.71% in last five trading days. Its down 0.40, from 1.09 in 2017Q2. It dived, as 92 investors sold WFC shares while 725 reduced holdings. 103 funds opened positions while 495 raised stakes. Old Point Fincl Services N A reported 18,959 shares. 17,821 were accumulated by White Pine Cap Limited. Putnam Fl Investment Mgmt holds 0.03% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 5,233 shares. Old Second Natl Bank Of Aurora accumulated 0.08% or 3,513 shares. Employees Retirement Sys Of Texas stated it has 0.68% in Wells Fargo & Company (NYSE:WFC). Balasa Dinverno & Foltz Ltd Liability Corporation, a Illinois-based fund reported 47,202 shares. Wells Fargo has "Hold" rating and $115.0 target.
Wells Fargo has endured a rash of consumer scandals since regulators fined the bank in September 2016 for opening millions of potentially unauthorized customer accounts. (NYSE:CMG). Hsbc Hldg Pcl has 71,217 shares. About 22.07 million shares traded or 17.02% up from the average.
Investors sentiment increased to 1.16 in Q3 2017. Its up 0.02, from 0.93 in 2017Q2. Nichols And Pratt Advisers Llp Ma stated it has 35,404 shares. Exxonmobil Invest Mngmt Tx reported 5,119 shares. Stifel Fincl invested in 0.02% or 36,898 shares. Ardsley Advisory Ptnrs reported 4,000 shares. (NASDAQ:INTU). Rhumbline Advisers has invested 0.13% in Intuit Inc. (NYSE:CMG) for 188 shares. Aviance Cap Mngmt Ltd Co reported 0% in Palo Alto Networks, Inc.
We believe, over the long term, investors will not be disappointed with their investment in Wells Fargo, given its diverse geographic and business mix, which enables it to sustain consistent earnings growth. Vanguard Gru has 2.69 million shares for 0.04% of their portfolio. Next Century Growth Ltd Llc reported 21,219 shares. There has been an observed change of 0.00% in the ownership of the shares in the past six months. Sit Invest Assocs Incorporated reported 30,420 shares. (NYSE:PANW) or 264,276 shares. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and sixteen have assigned a buy rating to the stock. Therefore 50% are positive. PepsiCo had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Friday, July 28 by Stifel Nicolaus. The rating was maintained by Sandler O'Neill on Wednesday, April 12 with "Hold". On Monday, February 22 the stock rating was upgraded by Cross Research to "Buy". (NYSE:CMG) has "Market Perform" rating given on Wednesday, July 19 by Wells Fargo.