Wells Fargo & Company (WFC) stock price distance from twenty day simple moving average slumped at -4.71% while its distance from fifty day simple moving average declined -7.37% along with 2.99% above distance from two hundred simple moving averages.
Audentes Therapeutics, Inc. (NASDAQ:BOLD) announced that it intends to offer and sell 4,750,000 shares of its common stock in an underwritten public offering. Smithbridge Asset Management Inc. Finally, Cable Hill Partners LLC boosted its stake in shares of Wells Fargo & Co by 10.5% in the third quarter. Rocky Mountain Advisers LLC now owns 1,850 shares of the financial services provider's stock worth $102,000 after buying an additional 1,000 shares during the last quarter. Davis Selected Advisers increased its position in Wells Fargo & Co by 0.9% in the fourth quarter. The stock appeared -12.12% below its 52-week highs and is down -3.87% for the last five trades. Gradient Investments LLC now owns 2,494 shares of the financial services provider's stock valued at $139,000 after buying an additional 921 shares in the last quarter. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.
Wells Fargo & Company (WFC) is an interesting player in the Financial space, with a focus on Money Center Banks. AQR Capital Management LLC now owns 9,439,158 shares of the financial services provider's stock valued at $520,192,000 after buying an additional 2,916,320 shares during the period. Westwood Holdings Group Inc. owned about 0.07% of Wells Fargo & Co worth $204,116,000 as of its most recent filing with the SEC.
Wells Fargo & Company is a bank holding company.
The business has a 50 day moving average of 56.78 and a 200 day moving average of 53.23 whilst the 52 week high shares of Wells Fargo & Company have reached is 59.99 and the 52 week low is 43.55. (NYSE:SPN) inclined 0.07% to $13.64.
Wells Fargo & Company (NYSE:WFC)'s earnings per share has been growing at a 7.2 percent rate over the past 5 year when average revenue increase was noted as 1.7 percent. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.03. That value represents a market adjusting for revenues that have been growing by 9.67 % on a quarterly year/year basis as of the company's last quarterly report. During the same period past year, the company earned $0.99 EPS. The analysts offering Earnings Estimates for the company were believing that Wells Fargo & Company (WFC) could bring EPS of $1/share.
Several other analysts have also issued reports on WFC.
On Monday Keefe Bruyette Woods indicated its target for shares of Wells Fargo & Company as "Outperform" recommending a target price of 40 for investors; potentially meaning there is a decrease of -23.21% from Wells Fargo & Company's share price of 52.09. Barclays PLC reiterated a "buy" rating and set a $65.00 price target on shares of Wells Fargo & Co in a research report on Tuesday, January 10th. Finally, Robert W. Baird reiterated a "buy" rating and set a $58.00 price target on shares of Wells Fargo & Co in a research report on Tuesday, January 10th. Six research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and sixteen have given a buy rating to the company's stock.
Analysts on average have given a price target of $64.74 to QUALCOMM Incorporated (QCOM) stock.
In other Wells Fargo & Co news, insider David M. Carroll sold 117,704 shares of the stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $59.02, for a total transaction of $6,946,890.08.