On July, 13 The EPS for Wells Fargo & Company (WFC) Expected At $1.12

June 27, 2018 - By Maria Fierro

Wells Fargo & Company (NYSE:WFC) Corporate Logo
Big Money Sentiment decreased to 0.59 in Q1 2018. It has change of 0.16, from 2017Q4’s 0.75. The ratio is negative due to Wells Fargo & Company positioning: 108 sold and 790 reduced. 122 funds amassed holdings and 412 increased holdings. Investors holded 3.64 billion in 2017Q4 but now own 3.62 billion shares or 0.62% less.
Wheatland Advsrs Incorporated stated it has 20,216 shs. Smithfield has 0.26% invested in Wells Fargo & Company (NYSE:WFC) for 40,477 shs. Pinnacle Wealth Mgmt Advisory Grp Lc stated it has 4,341 shs. Founders Financial Limited Liability Corporation has 0.19% invested in Wells Fargo & Company (NYSE:WFC) for 11,450 shs. Anchor Cap Limited Liability Co has invested 0.57% of its capital in Wells Fargo & Company (NYSE:WFC). Pinnacle Assoc Limited holds 85,040 shs or 0.09% of its capital. Palisade Cap Lc Nj holds 0.02% or 13,500 shs. The Netherlands-based Ing Groep Nv has invested 0.43% in Wells Fargo & Company (NYSE:WFC). Guardian L P accumulated 1.35% or 188,777 shs. Meiji Yasuda Asset Company Limited accumulated 143,411 shs or 0.71% of the stock. Willingdon Wealth Mgmt has invested 0.11% in Wells Fargo & Company (NYSE:WFC). Gm Advisory Gru Incorporated invested 0.09% of its capital in Wells Fargo & Company (NYSE:WFC). Valmark Advisers holds 0.01% or 5,802 shs. Pictet And Cie (Europe) invested 0.88% in Wells Fargo & Company (NYSE:WFC). Lourd Capital Llc holds 1.65 million shs or 11.6% of its capital.

Wells Fargo & Company had 1 insider sale and 0 insider buys since May 24, 2018. This’s net activity of $1.40 million.

Wells Fargo & Company (NYSE:WFC) is awaited to announce earnings on July, 13., RTT reports. Analysts forecast $1.12 earnings per share, which is $0.05 up or 4.67 % from 2017’s $1.07 earnings per share. WFC’s profit could hit $5.46B with 11.92 P/E in case $1.12 earnings per share is announced. Last quarter $1.12 earnings per share was reported. Analysts predicts 0.00 % EPS growth this quarter. Ticker’s shares touched $53.42 during the last trading session after 1.00% change.Wells Fargo & Company has volume of 12.94M shares. Since June 27, 2017 WFC has risen 4.02% and is uptrending. WFC underperformed the S&P 500 by 8.55%.

Wells Fargo & Company (NYSE:WFC) Ratings Coverage

Total analysts of 23 have positions in Wells Fargo (NYSE:WFC) as follows: 12 rated it a “Buy”, 4 with “Sell” and 7 with “Hold”. The positive are 52%. Since January 3, 2018 according to StockzIntelligence Inc Wells Fargo has 42 analyst reports. The company rating was maintained by Nomura on Monday, February 5. On Sunday, February 4 the stock has “Hold” rating by BMO Capital Markets. On Friday, April 13 the stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by BMO Capital Markets. On Friday, February 2 the firm has “Overweight” rating by Morgan Stanley given. On Monday, April 23 Susquehanna maintained the shares of WFC in report with “Hold” rating. The stock rating was upgraded by Sandler O’Neill to “Buy” on Tuesday, January 9. On Monday, February 5 the stock has “Hold” rating by Citigroup. On Thursday, March 29 the rating was maintained by Sandler O’Neill with “Buy”. On Thursday, April 5 the firm earned “Buy” rating by UBS. On Monday, February 5 the rating was downgraded by Keefe Bruyette & Woods to “Hold”.

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions.The company has $260.31 billion market cap. The Company’s Community Banking segment offers checking, savings, market rate, and individual retirement accounts, as well as time deposits and remittances; and lines of credit, automobile floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.13.25 is the P/E ratio. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, merchant payment processing, and private label financing solutions, as well as purchases retail installment contracts.

For more Wells Fargo & Company (NYSE:WFC) news published briefly go to: Fool.com, Fool.com, Bizjournals.com, 247Wallst.com or Bizjournals.com. The titles are as follows: “3 Dividends to Love From Companies You Hate” published on June 26, 2018, “How Wells Fargo Is Following in Bank of America’s Footsteps” on June 11, 2018, “Wells Fargo sheds almost 100 jobs in pricey San Francisco” with a publish date: June 19, 2018, “Well Fargo Renews Its Commitment to You After Rip-Offs (Update)” and the last “How the revamped Wells Fargo, American Express rewards card stacks up against the competition” with publication date: June 26, 2018.

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

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