Appleton Partners Incma Lowers stake in WELLS FARGO & CO COM (WFC)

WELLS FARGO & CO COM (WFC) : Appleton Partners Incma reduced its stake in WELLS FARGO & CO COM by 0.6% during the most recent quarter end. The investment management company now holds a total of 212,661 shares of WELLS FARGO & CO COM which is valued at $10,764,900 after selling 1,282 shares in WELLS FARGO & CO COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.WELLS FARGO & CO COM makes up approximately 2.10% of Appleton Partners Incma’s portfolio.

WELLS FARGO & CO COM opened for trading at $50.87 and hit $51.41 on the upside on Wednesday, eventually ending the session at $50.93, with a gain of 0.02% or 0.01 points. The heightened volatility saw the trading volume jump to 1,53,42,749 shares. Company has a market cap of $258,557 M.

Other Hedge Funds, Including , Albion Financial Group Ut reduced its stake in WFC by selling 350 shares or 1.31% in the most recent quarter. The Hedge Fund company now holds 26,350 shares of WFC which is valued at $1,333,837. WELLS FARGO & CO COM makes up approx 0.22% of Albion Financial Group Ut’s portfolio. Pinnacle Advisory Group added WFC to its portfolio by purchasing 4,379 company shares during the most recent quarter which is valued at $211,287. WELLS FARGO & CO COM makes up approx 0.02% of Pinnacle Advisory Group’s portfolio.Gradient Investments boosted its stake in WFC in the latest quarter, The investment management firm added 8,358 additional shares and now holds a total of 75,249 shares of WELLS FARGO & CO COM which is valued at $3,630,764. WELLS FARGO & CO COM makes up approx 0.45% of Gradient Investments’s portfolio.Prospera Financial Services Inc boosted its stake in WFC in the latest quarter, The investment management firm added 149 additional shares and now holds a total of 15,097 shares of WELLS FARGO & CO COM which is valued at $728,430. WELLS FARGO & CO COM makes up approx 0.16% of Prospera Financial Services Inc’s portfolio.Central Bank Trust Co boosted its stake in WFC in the latest quarter, The investment management firm added 1,935 additional shares and now holds a total of 12,719 shares of WELLS FARGO & CO COM which is valued at $613,692. WELLS FARGO & CO COM makes up approx 0.17% of Central Bank Trust Co’s portfolio.

On the company’s financial health, WELLS FARGO & CO COM reported $0.99 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 14, 2016. Analyst had a consensus of $0.98. The company had revenue of $22195.00 million for the quarter, compared to analysts expectations of $21524.59 million. The company’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.

Many Wall Street Analysts have commented on WELLS FARGO & CO COM. WELLS FARGO & CO COM was Downgraded by Piper Jaffray to ” Underweight” on Apr 15, 2016. WELLS FARGO & CO COM was Downgraded by Sandler O’Neill to ” Hold” on Apr 11, 2016. WELLS FARGO & CO COM was Downgraded by Guggenheim to ” Neutral” on Apr 6, 2016.

Wells Fargo & Company is a financial services and bank holding company. The Company’s segments are Community Banking Wholesale Banking and Wealth and Brokerage and Retirement. The Company’s Community Banking segment offers a range of financial products and services for consumers and small businesses including checking and savings accounts credit and debit cards and auto student and small business lending. The Community Banking segment’s products include investment insurance and trust services and mortgage and home equity loans. The Community Banking segment’s products and business segments include middle market commercial banking government and institutional banking corporate banking and commercial real estate among others. The Company’s Wholesale Banking segment provides a range of financial solutions to businesses across the United States and around the world. The Wealth and Brokerage and Retirement segment provides a range of financial advisory services.

Leave a Reply

WELLS FARGO & CO COM - Is it time to Sell?

Top Brokerage Firms are advising their investors on WELLS FARGO & CO COM. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.