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Wells Fargo & Company (WFC) Shares Bought by Deprince Race & Zollo Inc

14 November 2017

(WFC) by 1.92% based on its latest 2017Q2 regulatory filing with the SEC. The correct version of this report can be read at https://weekherald.com/2017/11/14/zweig-dimenna-associates-llc-acquires-shares-of-115439-wells-fargo-company-wfc.html. Schwab Charles Investment Management Inc. boosted its stake in shares of Wells Fargo & by 4.2% in the second quarter. Clifford Swan Investment Counsel Llc who had been investing in Wells Fargo & Co. for a number of months, seems to be bullish on the $264.73B market cap company. The firm acquired 115,439 shares of the financial services provider's stock, valued at approximately $6,396,000.

Shares of Wells Fargo & Company (NYSE WFC) traded down $0.19 during trading on Monday, hitting $53.81. It has underperformed by 7.03% the S&P500.

Jarislowsky Fraser Ltd increased Wells Fargo & Company (WFC) stake by 6.02% reported in 2017Q2 SEC filing. Harris Associates L P now owns 23,796,125 shares of the financial services provider's stock valued at $1,324,492,000 after purchasing an additional 286,710 shares during the period. The Jarislowsky Fraser Ltd holds 3.22M shares with $178.36 million value, up from 3.04 million last quarter. The volume of the company in the last trading session was 13.59 Million. About 782,918 shares traded.

Wells Fargo & (NYSE:WFC) last announced its quarterly earnings results on Friday, October 13th. It has underperformed by 11.35% the S&P500.

Since May 16, 2017, it had 0 insider purchases, and 2 selling transactions for $3.39 million activity. 20,000 shares valued at $1.04M were sold by Hardison Hope A. on Tuesday, May 16. Therefore 41% are positive.

Average Revenue Estimate of the company for the current Fiscal Quarter is $22.18 Billion, according to consensus of 20 analysts. Vetr raised Wells Fargo & from a "sell" rating to a "strong-buy" rating in a research note on Monday, November 6th. Wedgewood Pa reported 0.24% in Wells Fargo & Co (NYSE:WFC). Citigroup upgraded the stock to "Buy" rating in Thursday, January 7 report. More interesting news about Wells Fargo & Co (NYSE:WFC) were released by: Seekingalpha.com and their article: "Wells Fargo: How The Stock Can Run Higher" published on October 31, 2017 as well as Seekingalpha.com's news article titled: "Not Much Going Right For Wells Fargo Yet" with publication date: October 18, 2017. The firm earned "Buy" rating on Friday, August 25 by Keefe Bruyette & Woods. As per Friday, October 9, the company rating was upgraded by JP Morgan. America First Investment Advisors LLC now owns 2,612 shares of the financial services provider's stock valued at $145,000 after acquiring an additional 200 shares in the last quarter. It also reduced its holding in Apple Inc. Sii Invs Inc Wi has 157,732 shares.

Securities Analyst Recommendations: Extra Space Storage Inc. (EXR), Waste Management, Inc. (WM)
The Firm owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. Kirk Spencer sold 20,000 shares worth $1.51M. 1,300 shares valued at $96,971 were sold by OVERTURF JAMES on Wednesday, May 17.

Investors sentiment increased to 0.88 in 2017 Q2. Its down 0.04, from 1.41 in 2017Q1. It improved, as 85 investors sold WFC shares while 685 reduced holdings. 110 funds opened positions while 566 raised stakes. Wells Fargo & had a net margin of 22.00% and a return on equity of 12.59%. 6,150 are held by Clarkston Prtnrs. $1.34 million worth of Wells Fargo & Co (NYSE:WFC) was sold by Pelos Petros G on Monday, June 12. Boston Private Wealth Llc, a Massachusetts-based fund reported 624,821 shares. Bnp Paribas Arbitrage Sa reported 2.06M shares. Wells Fargo & Co New Com now has $265.46 billion valuation. Mengis Capital Mngmt holds 0.51% or 12,950 shares in its portfolio. Northeast Investment Mgmt reported 0.88% stake. Boston Partners now owns 19,088,621 shares of the financial services provider's stock valued at $1,057,700,000 after purchasing an additional 11,139,780 shares during the period. National Planning has invested 0.12% in Wells Fargo & Co (NYSE:WFC).

Rr Partners Lp holds 6.31% of its portfolio in Nucor Corporation for 1.91 million shares. Qs Investors Ltd Liability Company stated it has 0% in DSW Inc. Keefe Bruyette & Woods upgraded Wells Fargo & Co (NYSE:WFC) on Wednesday, April 5 to "Outperform" rating.

More notable recent Wells Fargo & Co (NYSE:WFC) news were published by: Bloomberg.com which released: "Wells Fargo Adds $1 Billion to Possible Legal Cost" on November 03, 2017, also Bloomberg.com with their article: "California Extends Ban Against Wells Fargo Due to Scandals" published on October 16, 2017, Reuters.com published: "MOVES-Wells Fargo Securities names new investment banking co-heads" on November 13, 2017.

Investors sentiment increased to 1.01 in Q2 2017. Its up 0.12, from 0.76 in 2017Q1. Loudon Investment Mngmt Lc reported 28,296 shares. Iowa Bancshares, a Iowa-based fund reported 107,972 shares. Concert Wealth Incorporated holds 0.6% or 11,093 shares in its portfolio. Korea Invest Corporation has 421,098 shares for 0.22% of their portfolio. Acropolis Mgmt Ltd Liability owns 38,760 shares. Finally, Longview Partners Guernsey LTD boosted its stake in shares of Wells Fargo & by 5.3% in the second quarter. Teacher Retirement Systems Of Texas reported 0.03% of its portfolio in E*TRADE Financial Corp (NASDAQ:ETFC). Palouse Capital Management Inc., a Washington-based fund reported 124,082 shares. Chilton Limited Liability holds 101,416 shares or 1.26% of its portfolio. Capital Ca has 370,850 shares. (NYSE:DSW). Ellington Mgmt Grp Llc invested 0.19% in DSW Inc. Schroder Inv accumulated 132,400 shares or 0% of the stock. Out of 7 Wall Street analysts rating Nucor, 5 give it "Buy", 1 "Sell" rating, while 1 recommend "Hold". Therefore 70% are positive. Sempra Energy had 16 analyst reports since September 15, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Thursday, March 17 with "Buy".

Several research analysts have recently commented on the company. The firm has "Outperform" rating given on Thursday, September 22 by CLSA. The stock of Home Depot Inc (NYSE:HD) has "Neutral" rating given on Monday, October 31 by Piper Jaffray. Berenberg initiated it with "Hold" rating and $45 target in Wednesday, July 13 report.

Wells Fargo & Company is a bank holding company. The firm has "Outperform" rating given on Wednesday, April 19 by Evercore.