Wells Fargo Co New (WFC) Shareholder State Of New Jersey Common Pension Fund D Decreased Its Stake as Shares Declined

April 17, 2018 - By Nellie Rakes

Wells Fargo & Company (NYSE:WFC) Corporate LogoBig Money Sentiment increased to 0.75 in 2017 Q4. It has change of 0.02, from 2017Q3’s 0.73. The ratio increased due to WFC positioning: 63 sold and 746 reduced. 138 funds took positions and 466 increased positions. Investors holded 3.65 billion in 2017Q3 but now own 3.64 billion shares or 0.11% less. Hexavest Incorporated has invested 0.39% in Wells Fargo & Company (NYSE:WFC). Stelliam Invest LP reported 937,500 shs stake. Pettyjohn Wood And White reported 32,919 shs or 0.72% of all its holdings. Motco holds 45 shs. Rockland Tru accumulated 325,817 shs. 83,695 were accumulated by Asset Advsr Limited Liability Corporation. Ingalls & Snyder Ltd Co accumulated 272,770 shs. Grand Jean Cap Management Incorporated holds 2.53% or 124,382 shs in its capital. 3,475 are held by Dillon & Incorporated. Archford Cap Strategies Limited Liability Company holds 45,286 shs. First Tru Advisors Ltd Partnership has 1.79M shs. Founders Ltd Liability holds 0.23% or 11,220 shs. S&T Fincl Bank Pa holds 0.4% or 38,469 shs. Amer Assets has 30.07% invested in Wells Fargo & Company (NYSE:WFC) for 1.75M shs. Aimz Inv Lc reported 16,184 shs or 0.74% of all its holdings.

WFC had 1 insider sale and 0 insider purchases since November 17, 2017. This’s net activity of $292,234.

State Of New Jersey Common Pension Fund D decreased its holdings by 3.64% in Wells Fargo Co New (WFC), according to 2017Q4 Securities and Exchange form. 194,000 shares were sold by State Of New Jersey Common Pension Fund D as the company’s stock declined 16.98% with the market. At the end of 2017Q4, the 5.14 million shares of the major banks company held by the institutional investor were priced at $311.90M, down from 5.34 million at the end of the previous reported quarter. $247.59 billion is the MC of Wells Fargo Co New. On during the last trading session the stock decreased $0.09 or 0.18%, reaching $50.8.Wells Fargo & Company is downtrending after having declined 7.75% since April 17, 2017. WFC has 31.88M volume or 35.08% up from normal. WFC underperformed by 19.30% the S&P500.

State Of New Jersey Common Pension Fund D manages about $26.40B US Long portfolio. It upped its stake in Under Armour Inc by 800,000 shares to 2.30M shares, valued at $30.64M in 2017Q4, according to the filing. State Of New Jersey Common Pension Fund D has risen its stake in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) and also increased its holding in Brighthouse Finl Inc by 130,000 shares in the quarter, for a total of 684,090 shares.

Wells Fargo & Company (NYSE:WFC) Ratings Coverage

Total analysts of 23 have positions in Wells Fargo (NYSE:WFC) as follows: 11 rated it a “Buy”, 4 with “Sell” and 8 with “Hold”. The positive are 48%. Since November 10, 2017 according to StockzIntelligence Inc Wells Fargo has 44 analyst reports. In Thursday, December 7 report Vertical Group upgraded the stock to “Buy” rating. The stock rating was downgraded by Wood to “Market Perform” on Monday, February 5. On Thursday, March 29 the firm has “Buy” rating given by Sandler O’Neill. On Monday, February 5 the stock has “Sell” rating by J.P. Morgan. On Monday, November 13 the rating was maintained by RBC Capital Markets with “Buy”. In Monday, February 5 report Citigroup downgraded the stock to “Hold” rating. On Monday, February 5 RBC Capital Markets downgraded the shares of WFC in report to “Sell” rating. On Wednesday, January 10 the firm earned “Neutral” rating by Atlantic Securities. On Sunday, April 15 Piper Jaffray maintained the shares of WFC in report with “Hold” rating. On Thursday, January 4 BMO Capital Markets maintained Wells Fargo & Company (NYSE:WFC) with “Hold” rating.

Wells Fargo & Company (NYSE:WFC) Institutional Investors Chart

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