Wells Fargo & Co (WFC) Analysts See $1.05 EPS

Wells Fargo & Company

Wells Fargo & Company is a bank holding company. The stock increased 1.33% or $1.21 during the last trading session, reaching $92.38. Vertical Group began coverage on Wells Fargo & in a report on Friday, October 6th. It has underperformed by 32.78% the S&P500.

Hyman Charles D decreased Wells Fargo Co New (WFC) stake by 3.71% reported in 2017Q2 SEC filing. Raymond James & Associate invested in 0.43% or 3.56 million shares.

It closed at $52.85 lastly. About shares traded. Howard Bancorp Inc (NASDAQ:HBMD) has risen 58.60% since October 12, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Investors sentiment increased to 0.88 in Q2 2017. Its up 0.12, from 0.76 in 2017Q1. 110 funds opened positions while 566 raised stakes. Genesee Valley reported 0.69% of its portfolio in Wells Fargo & Co (NYSE:WFC). Vestor Cap Limited Liability Com holds 2.31% or 171,688 shares. Burney holds 16,617 shares. Partnervest Advisory Svcs Limited Liability Corporation owns 18,294 shares or 0.46% of their U.S. portfolio. Moreover, Fulton Breakefield Broenniman Ltd Liability Com has 2.11% invested in Wells Fargo & Co (NYSE:WFC). Insider ownership decreased by a total of 28695 shares, which suggests that WFC's key executives are feeling less optimistic about the outlook for the stock. Sheets Smith Wealth Management holds 31,219 shares or 0.46% of its portfolio. Kidder Stephen W holds 10,050 shares or 0.21% of its portfolio. As of the latest earnings report the EPS was $4.06 and is estimated to be $4.14 for the current year with 4,963,944,000 shares now outstanding. Longview Ptnrs (Guernsey) Ltd, a Guernsey-based fund reported 12.54 million shares.

Since May 5, 2017, it had 1 buying transaction, and 3 insider sales for $3.93 million activity. On Thursday, June 8 Mack Mary T sold $2.05 million worth of Wells Fargo & Co (NYSE:WFC) or 38,988 shares. 24,708 shares were sold by Pelos Petros G, worth $1.34 million on Monday, June 12. SARGENT RONALD bought $499,108 worth of stock. Wells Fargo & Company recently announced a dividend that was paid on Friday the 1st of September 2017. New York-based Teachers Insurance Annuity Association Of America has invested 0.55% in Wells Fargo & Co (NYSE:WFC). Jefferies Group analyst K. Usdin now anticipates that the financial services provider will earn $1.05 per share for the quarter, up from their previous estimate of $1.03.

The P/E ratio is now 13.70 and the market cap is 276.04B. After having $1.07 EPS previously, Wells Fargo & Co's analysts see -1.87% EPS growth. Among active positions in the latest quarter, 846 holders increased their positions by a total of 150.89 million shares, 952 holders decreased the positions by a total of 208.66 million shares, and 207 holders held their positions.

On July 21 the stock rating was downgraded from "Hold" to "Sell" by analysts at Berenberg. Therefore 41% are positive. Mai Wealth Advisors acquired 10,879 shares as Wells Fargo & Company (WFC)'s stock declined 8.66%. RBC Capital Markets maintained Wells Fargo & Co (NYSE:WFC) on Friday, October 6 with "Buy" rating. Jefferies maintained Wells Fargo & Co (NYSE:WFC) on Tuesday, June 6 with "Hold" rating. On Wednesday, July 29 the stock rating was upgraded by Guggenheim to "Buy". The firm has "Buy" rating given on Thursday, September 22 by Deutsche Bank. The firm earned "Buy" rating on Monday, April 25 by Nomura. The company was maintained on Wednesday, April 12 by Sandler O'Neill. Susquehanna upgraded the shares of WFC in report on Wednesday, January 20 to "Positive" rating. Alliancebernstein LP reported 19.11M shares. It turned negative, as 4 investors sold Howard Bancorp Inc shares while 8 reduced holdings. 93 funds opened positions while 234 raised stakes. Jarislowsky Fraser Ltd reported 3.22 million shares. Creative Planning, a Kansas-based fund reported 1,000 shares. Jpmorgan Chase Co invested in 0.11% or 21.14 million shares. Northern Corporation stated it has 81,312 shares. 876,090 are held by Country National Bank & Trust. First Advsr LP owns 1.49M shares for 0.09% of their portfolio. Amica Mutual Insurance invested in 1.61% or 318,857 shares. Utah Retirement owns 166,712 shares. Markston Int Lc holds 4,584 shares. Bridges Investment owns 1.16% invested in Wells Fargo & Co (NYSE:WFC) for 156,491 shares. Highbridge Capital Management Limited Liability invested in 0.32% or 930,951 shares. Sawgrass Asset Management Ltd Limited Liability Company invested 0.14% of its portfolio in Wells Fargo & Co (NYSE:WFC). Earnest Prtnrs Ltd Llc reported 0% of its portfolio in Kroger Co (NYSE:KR). The stock of Wells Fargo & Co (NYSE:WFC) has "Buy" rating given on Friday, October 6 by Robert W. Baird.

Investors are a little more bullish of late at least if you consider the change in short interest.

Analysts await AbbVie Inc (NYSE:ABBV) to report earnings on October, 27. Brick & Kyle Associates now owns 1,859 shares of the financial services provider's stock valued at $103,000 after acquiring an additional 162 shares during the period. MET's profit will be $1.11B for 12.70 P/E if the $1.04 EPS becomes a reality. After $0.39 actual earnings per share reported by Kroger Co for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

Related News:

  • Pakistan rescues North American family of five from 'terrorists'

    Pakistan rescues North American family of five from 'terrorists'

    Coleman was five-months pregnant at the time and the couple was backpacking through Central Asia. The family was being held by the Haqqani network.
    Direct tax collection increases 16% in April-September period

    Direct tax collection increases 16% in April-September period

    The net direct tax collection in the first half of FY18 witnessed a jump of almost 7% as compared to the same period last fiscal. India's fiscal first half direct tax collections surged 15.8% on-year to Rs 3.86 lakh crore, the government said on Wednesday.
    Proclamations against Hussain, Hasan Nawaz pasted in accountability court

    Proclamations against Hussain, Hasan Nawaz pasted in accountability court

    Hussain and Hassan had reportedly made a decision to not join the proceedings of the corruption references against them. In the notice, both the respondents have been directed to appear before the court within 30 days.
  • USA  to withdraw from UNESCO

    USA to withdraw from UNESCO

    The state department said it would establish an observer mission at the Paris-based organization to replace its representation. The US had stopped funding UNESCO after it voted to include Palestine as a member in 2011 but it did maintain a UNESCO office.
    Juan Martin del Potro battles past Alexander Zverev at Shanghai Masters

    Juan Martin del Potro battles past Alexander Zverev at Shanghai Masters

    Sixth-seeded Grigor Dimitrov also advanced, but had to save three match points before beating Ryan Harrison 3-6, 6-3, 7-6 (6). The victor of that match may well meet Roger Federer in the semi-finals - a man whom Del Potro downed at the US Open.
    Apple get go-ahead to build data centre in Athenry

    Apple get go-ahead to build data centre in Athenry

    Construction of the first phase will generate 300 temporary jobs and, when it is operational, it will employ 100 people full-time. This prompted 2,000 local people from Athenry to march in support of the data centre past year .
  • Royal Bank of Canada Reaffirms Buy Rating for SunTrust Banks, Inc. (STI)

    STI's 9-day MACD now sits below the 20-day MACD, indicating that STI's upside momentum has decreased during the last three weeks. It worsened, as 51 investors sold STI shares while 249 reduced holdings. 65 funds opened positions while 210 raised stakes.
    Juniper Networks Inc (NYSE:JNPR) Institutional Investor Sentiment Is 2.27

    Juniper Networks Inc (NYSE:JNPR) Institutional Investor Sentiment Is 2.27

    Fiduciary Finance Svcs Of The Southwest Tx holds 1.82% of its portfolio in Pfizer Inc. (NYSE: JNPR ) for 875,538 shares. The network equipment provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.54 by $0.03.

    (TMO); MDC Holdings (MDC) Sentiment Is 1.48

    The rating was initiated by Deutsche Bank with "Buy" on Thursday, January 7. (NYSE:TMO) on Monday, January 11 with "Buy" rating. The medical research company reported $2.30 EPS for the quarter, topping the Zacks' consensus estimate of $2.27 by $0.03.
  • TCS Beats Expectations, Net Profit Jumps To Rs 6,446 Crore In Q2

    TCS Beats Expectations, Net Profit Jumps To Rs 6,446 Crore In Q2

    In second half of FY18, there are limited margin levers", Karan Taurani, VP Research, Dolat Capital said. "We experienced robust volume growth in Q2, driven by good demand across multiple industry verticals".
    Arvind Kejriwal's blue Wagon R stolen from outside Delhi Secretariat

    Arvind Kejriwal's blue Wagon R stolen from outside Delhi Secretariat

    Not just the iconic auto , the software engineer also wanted a refund of the money he and his wife donated to the party. The auto was donated to Kejriwal by Kundan Sharma, a software enginner, in January 2013.
    James Van Der Beek had his 'ass grabbed by older, powerful men'

    James Van Der Beek had his 'ass grabbed by older, powerful men'

    Weinstein has strongly denied rape allegations and said many other accusations against him are inaccurate. In a bombshell New York Times report last week, eight women accused him of acting inappropriately.


Most liked

Robert Pattinson splits from fianc&ecaute;e FKA Twigs
In the past few months, there seemed to be water in the gas between Robert Pattinson and FKA Twigs. The relationship has been fizzling out'.

Celtics' Kyrie Irving happy to be in Boston
They will enjoy Irving prodding Cavaliers fans to nearly the same extent that Cavaliers fans will hate it. Cleveland, of course, has been a pretty successful sports city over the past few years as well.

Premier League rules out playing Christmas Eve match at 16.00 GMT
Given his say, Wenger admitted at his weekly press conference that he would rather not kick off any later than 2pm if Arsenal are asked to play on Christmas Eve.

Which Insider sold 9538 Shares Of NVIDIA Corporation (NVDA)?
On July 12 the company was rated "Buy" in a report from SunTrust Robinson Humphrey which is up from the previous "Neutral" rating. NVIDIA Corporation (NVDA ) stock price escalated 0.78% to finalize at $190.41 throughout previous buying and selling session.

Police searching for endangered 8-year-old after triple murder
Law enforcement agencies throughout OH are searching for a 7-year-old boy that was abducted from a crime scene in Lawrence County. While investigating, authorities learned that Devin lived at that residence and had not been seen.

Sweden Inflation Remains Stable In September
However, the with August's industrial production at 4.3%, it is inching towards 4.5% growth in July previous year . Vegetables prices grew at 3.92 per cent in September as compared to 6.1 per cent in August.

Kinzinger: Trump 'Doing All the Right Things' on North Korea
In recent weeks, North Korea has launched two missiles over Japan and conducted its sixth nuclear test, all in defiance of U.N.

Mint & Grey or Pink & White Shoes: Which Colors Is It? [ANSWER]
I see white & gold. "She texted back saying they are pink mum, but when she looked at the pic she saw blue too", Coulthard said. While social media fans were going insane over this latest optical illusion, it's nothing compared to "dressgate".

Talwars Acquitted In Daughter Aarushi's Murder By Allahabad High Court
The CBI court, presided by Additional Sessions Judge Shyam Lal, had, however, rejected the CBI's plea for death penalty in 2014. The benefit of doubt in this case seems to go in favour of Talwars , the High Court observed.

How Long Will These Cooler Temperatures Last?
After Tuesday's front we've enjoyed some cooler temperatures and a break from the sunshine, in the form of added cloud coverage. Tuesday is beginning with mild temperatures, in the 60s and lower 70s - again, that's akin to a typical mid-summer morning.

Trump smentisce Nbc: "espansione nucleare è un'invenzione"
L'ordine di Trump è netto: aumentare in maniera esponenziale il numero delle atomiche, passando dalle attuali 4mila a 32mila. L'indiscrezione è stata raccontata alla Nbc News da tre funzionari presenti al meeting.

Samsung Galaxy J2 (2017) surfaces online
Another key area, in which the Xiaomi Redmi 4 gives the Samsung Galaxy J2 (2017) a run for its money, is the battery capacity. In terms of storage, the device comes with 8GB internal storage that can be further expanded up to 128GB via microSD card.

WH Smith profit up; to start £50 mln share buyback
Trading profit at high street stores was flat at £62mln while total revenue fell 5% and like-for-like sales dropped 4%. He added the "economic environment remains uncertain", but said WH Smith is well-placed for the year ahead.

It's Prime Time: Amazon Offers New Prime Student Monthly Plan
The parent will need to setup the shipping address and payment method, after which point an invitation is sent back to the teen. The online retail giant said Wednesday that teens can now shop at Amazon on their own, if their parents let them.

After new autopsy discovery from police, Davido speaks on Tagbo's death
Edgal also made it known that Davido had lied about knowing of Tagbo's passing when he was at DNA Night Club, Victoria Island. Tagbo Umeike, friend of Nigerian entertainer, Davido died from suffocation, the police in Lagos has said.