The company has market capitalization of $244.76B. Wells Fargo & Co makes up approx 0.16% of Bronfman E.l. Rothschild’s portfolio.Tiemann Investment Advisors boosted its stake in WFC in the latest quarter, The investment management firm added 103 additional shares and now holds a total of 21,164 shares of Wells Fargo & Co which is valued at $1,013,756.
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Investors evaluating WFC stock at the current market price of $49.56/share should know the company will next release quarterly results for the September 2016 quarter. Post opening the session at $12.29, the shares hit an intraday low of $12.19 and an intraday high of $12.43 and the price vacillated in this range throughout the day. Wells Fargo & Co makes up approx 26.56% of Theleme Partners Llp’s portfolio.Ashburton (jersey) Ltd reduced its stake in WFC by selling 10,525 shares or 22.94% in the most recent quarter.
Shares of & Bank of America Corp (NYSE:BAC) inclined 0.32% to $15.84. 15,527,260 shares of the company’s stock traded hands. (NYSE:WFC) last released its quarterly earnings results on Friday, July 15th. The business had revenue of $22.20 billion for the quarter. The business’s revenue was up 4.0% on a year-over-year basis. The average forecast of sales for the year ending Dec 16 is $88.84B by 25 analysts. The company has a market cap of $243.50 billion and the numbers of outstanding shares have been calculated to be 5.05 billion shares. This represents a $1.52 annualized dividend and a dividend yield of 3.13%.
WFC has been the topic of a number of recent research reports. 1 Month Ago, shares have been suggested as “BUY” from “2” brokerage firms and recommended as “Strong Buy” by “5” brokerage firms. Royal Bank Of Canada cut their target price on shares of Wells Fargo & Co. from $57.00 to $54.00 and set an “outperform” rating for the company in a research note on Monday, July 18th. The 28 stock analysts who cover the stock have an average PT at $53, with individual targets in the range of $45 to $63. It has been assigned a low target price of $52 and a high target price of $79.
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Wells Fargo & Company (WFC) said that Chief Financial Officer John Shrewsberry will present at the Barclays 2016 Global Financial Services Conference to be held in NY on Tuesday, September 13, at 8:15 a.m. According to a research note published on April 15, 2016, analysts at Piper Jaffray have lowered their rating on the company stock from Neutral to Underweight. “7” brokerage firms have rated the company as a “Hold”. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. The firm has a SMA 50 (Simple Moving Average) of $48.33 and a SMA 200-(Simple Moving Average) of $48.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. For the next 5 years, Wells Fargo & Company is expecting Growth of 8.66% per annum, whereas in the past 5 years the growth was 7.93% per annum. The Community Banking segment’s products include investment insurance and trust services and mortgage and home equity loans.
