Wells Fargo & Company (NYSE:WFC) Shorts Decreased By 6.39% As Of Jan 14, 2019

Wells Fargo & Company (NYSE:WFC) Corporate Logo

During 2018 Q3 the big money sentiment increased to 0.78. That’s change of 0.06, from 2018Q2’s 0.72. 55 investors sold all, 664 reduced holdings as Wells Fargo & Company ratio improved. 432 grew stakes while 126 funds amassed stakes. Funds hold 3.46 billion shares thus 3.93% less from 2018Q2’s 3.60 billion shares.
Green Square Cap Limited Company has 0.53% invested in Wells Fargo & Company (NYSE:WFC) for 71,619 shs. Moreover, Shayne Llc has 1.19% invested in Wells Fargo & Company (NYSE:WFC). Brown Brothers Harriman And has invested 4.63% in Wells Fargo & Company (NYSE:WFC). Brandywine Global Inv Management Llc has invested 1.46% of its capital in Wells Fargo & Company (NYSE:WFC). Sarl owns 14,500 shs. Welch Gru Ltd Liability Corporation has invested 0.02% in Wells Fargo & Company (NYSE:WFC). Virtu Limited owns 58,302 shs or 0.01% of their US capital. 3,820 were accumulated by United Asset Strategies. Ingalls & Snyder Ltd Liability Corporation reported 217,677 shs stake. Focused Wealth Management has invested 0.01% of its capital in Wells Fargo & Company (NYSE:WFC). Moreover, Cranbrook Wealth Mgmt Limited Liability Com has 0.02% invested in Wells Fargo & Company (NYSE:WFC). Nuwave Invest Limited stated it has 0.1% in Wells Fargo & Company (NYSE:WFC). Mairs Power has invested 1.29% in Wells Fargo & Company (NYSE:WFC). Atlas Browninc has invested 0.39% in Wells Fargo & Company (NYSE:WFC). Jones Fincl Lllp holds 0.01% of its capital in Wells Fargo & Company (NYSE:WFC) for 84,651 shs.

Wells Fargo & Company registered $5.87 million net activity with 0 buys and 1 sale since August 7, 2018.

Wells Fargo & Company (NYSE:WFC) had a decrease of its short interest by 6.39%. It was published in January by FINRA the 21.40 million short interest on WFC. That’s 6.39% down from 22.86M shares. With Average volume 21.16M, WFC’s previous position will take 1 days to recover. Wells Fargo & Company’s short interest float is 0.49%.

Ticker’s shares touched $48.36 during the last trading session after 1.02% change.Wells Fargo & Company has volume of 15.69M shares. Since January 14, 2018 WFC has declined 17.79% and is downtrending. WFC underperformed the S&P500 by 17.79%.

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions.The firm is valued at $227.64 billion. 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.The P/E ratio is 11.42. 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.

Wells Fargo & Company (NYSE:WFC) Ratings Coverage

In total 7 analysts cover Wells Fargo (NYSE:WFC). “Buy” rating has 3, “Sell” are 0, while 4 are “Hold”. (NYSE:WFC) has 43% bullish analysts. 9 are the (NYSE:WFC)’s ratings reports on Jan 14, 2019 according to StockzIntelligence Inc. On Monday, July 16 the firm earned “Outperform” rating by Wood. On Monday, October 15 the stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given by Nomura. On Monday, September 17 the stock of Wells Fargo & Company (NYSE:WFC) has “Neutral” rating given by Macquarie Research. The company rating was maintained by BMO Capital Markets on Monday, July 16. On Wednesday, January 2 the stock of Wells Fargo & Company (NYSE:WFC) has “Sector Perform” rating given by RBC Capital Markets. On Friday, September 7 the stock of Wells Fargo & Company (NYSE:WFC) has “Neutral” rating given by Macquarie Research. The stock rating was maintained by Credit Suisse with “Neutral” on Friday, December 7. On Monday, July 16 the stock has “Equal-Weight” rating by Morgan Stanley. In Monday, October 15 report Macquarie Research upgraded the stock to “Outperform” rating.

For more Wells Fargo & Company (NYSE:WFC) news posted recently go to: Fool.com, Streetinsider.com, Seekingalpha.com, Marketwatch.com or Bizjournals.com. The titles are as follows: “If Warren Buffett Loves Wells Fargo So Much, Why Is He Selling the Stock? – The Motley Fool” posted on December 17, 2018, “Tech stocks pull Wall Street lower after China data – StreetInsider.com” on January 14, 2019, “Stocks To Watch: Action From Detroit And ICR – Seeking Alpha” with a publish date: January 12, 2019, “Citigroup kicks off fourth-quarter earnings season with a revenue miss – MarketWatch” and the last “CBJ Morning Buzz: Fight ahead over tourism tax dollars?; What’s on city agenda; Lowe’s discrimination case – Charlotte Business Journal” with publication date: January 14, 2019.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.