Published: Tue, October 17, 2017
Money | By Armando Alvarado

Wells Fargo & Company (WFC) PT Set at $50.00 by Piper Jaffray Companies

Wells Fargo & Company (WFC) PT Set at $50.00 by Piper Jaffray Companies

New York-based Nbt State Bank N A NY has invested 1.4% in Wells Fargo & Co (NYSE:WFC).

Mai Capital Management augmented its position by buying 1,315 shares an increase of 0.6%. The stock exchanged hands with2699990 numbers of shares contrast to its average daily volume of 0.92 shares. About shares traded. Air Lease Corp (NYSE:AL) has risen 29.12% since October 16, 2016 and is uptrending. It has underperformed by 7.03% the S&P500. The analysts estimated EPS for the higher end at 1.1 and lower end at 0.94 while the year ago reported earnings per share was 1.06. The stock has a beta value of 0.95. AT&T Inc. (NYSE:T) has declined 0.52% since October 16, 2016 and is downtrending. It has underperformed by 2.62% the S&P500. Therefore 46% are positive.

Other research analysts have also issued research reports about the company. The firm earned "Buy" rating on Thursday, January 7 by Citigroup. Barclays Capital maintained Chubb Ltd (NYSE:CB) on Thursday, September 3 with "Overweight" rating. The stock of Wells Fargo & Co (NYSE:WFC) has "Neutral" rating given on Wednesday, April 6 by Guggenheim. The company was maintained on Monday, August 28 by RBC Capital Markets. The stock has "Hold" rating by Jefferies on Tuesday, June 6. The firm has "Neutral" rating by Credit Suisse given on Thursday, February 16. Oppenheimer maintained the stock with "Hold" rating in Friday, July 14 report. As per Tuesday, August 22, the company rating was maintained by Jefferies.

Investors sentiment decreased to 1.21 in 2017 Q2. The 50 day moving average was up $0.63 or +1.18% and the 200 day average moved up $0.14. Parnassus Invests Ca reported 14.47 million shares. (NYSE:VMW) was sold by SLP Denali Co-Invest GP - L.L.C. on Friday, May 5. Bb&T Secs Ltd Liability Corporation holds 0.02% of its portfolio in Fluor Corporation (NEW) (NYSE:FLR) for 27,560 shares. United Kingdom-based Origin Asset Management Llp has invested 0.45% in VMware, Inc. Portland Global Llc reported 5,071 shares stake. 87,790 are held by Woodmont Invest Counsel. Moreover, Jpmorgan Chase & has 0% invested in Fluor Corporation (NEW) (NYSE:FLR).

Heitman Real Estate Securities Llc, which manages about $2.16 billion and $1.60B US Long portfolio, decreased its stake in Vornado Realty Trust (NYSE:VNO) by 15,096 shares to 655,369 shares, valued at $61.54 million in 2017Q2, according to the filing. Waratah Capital Advsrs Limited stated it has 28,715 shares. 9,775 are owned by Eqis Cap.

Chubb Limited is a holding company. The Firm is a diversified financial services company.

MasTec, Inc. (NYSE:MTZ) has a market cap of $3.6 billion and over the last 12 months, MTZ has risen by 44.44%. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management.

The value in dollars went from $12,281,000 to $12,296,000 increasing 0.1% quarter to quarter. Its up 0.12, from 0.76 in 2017Q1. It increased, as 85 investors sold WFC shares while 685 reduced holdings.

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Other hedge funds have also made changes to their positions in the company. South Texas Money Mngmt Ltd holds 4,883 shares or 0.01% of its portfolio. As of the end of the quarter Cigna Investments Inc /new had sold 2,323 shares trimming its position 1.3%. About 10.23M shares traded. Sol Mgmt Co holds 36,398 shares. Gradient Ltd Company accumulated 1,811 shares. Bnp Paribas Arbitrage Sa owns 35,641 shares or 0.01% of their U.S. portfolio. Berkshire Hathaway reported 467.99M shares stake. Cim Inv Mangement owns 32,378 shares. Earnest Partners Limited Liability holds 0.07% in Wells Fargo & Co (NYSE:WFC) or 128,253 shares.

Wells Fargo & Company (WFC) saw -4.23 billion in free cash flow last quarter, representing a quarterly net change in cash of 550 million. Ota Fincl Group Lp has 15,296 shares for 0.56% of their portfolio.

Capital International Investors increased Viacom Inc Cl B (NASDAQ:VIAB) stake by 1.18M shares to 7.34 million valued at $246.53M in 2017Q2. Ishares Tr (IJH) was raised too.

Since May 5, 2017, it had 1 insider buy, and 3 sales for $3.93 million activity. The insider SARGENT RONALD bought 9,050 shares worth $499,108.

Among 46 analysts covering VMware Inc (NYSE:VMW), 21 have Buy rating, 0 Sell and 25 Hold.

Among 10 analysts covering Univar Inc (NYSE:UNVR), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 41% are positive.

Wells Fargo & Company (NYSE:WFC) has been assigned a $57.00 target price by investment analysts at UBS AG in a research note issued on Friday, October 6th, www.benzinga.com reports. Robert W. Baird downgraded it to "Neutral" rating and $60 target in Wednesday, January 27 report. BMO Capital Markets has "Market Perform" rating and $45 target. The firm earned "Underperform" rating on Tuesday, October 4 by Raymond James. The stock of Wells Fargo & Co (NYSE:WFC) has "Neutral" rating given on Wednesday, September 21 by JP Morgan. The stock has "Buy" rating by Benchmark on Friday, April 28.

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