Wells Fargo & Company WFC.N is testing a "chatbot", an automated program that can communicate with the bank's customers on Facebook's FB.O messaging platform to give them information on their accounts and help them reset their passwords. Wells Fargo declined to comment. Equities analysts expect that Wells Fargo & Company will post $4.19 earnings per share for the current fiscal year.
Several other large investors also recently modified their holdings of WFC. Rmsincerbeaux Capital Management Lc reported 3,270 shares.
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. Davis Selected Advisers raised its position in shares of Wells Fargo & Co by 0.9% in the fourth quarter. The Regis Management Co Llc holds 84,834 shares with $1.85M value, down from 370,831 last quarter. Finally, Teachers Advisors LLC raised its position in shares of Wells Fargo & Co by 1.2% in the fourth quarter. Integrated Wealth Counsel LLC now owns 2,408 shares of the financial services provider's stock worth $107,000 after buying an additional 363 shares in the last quarter.
Wells Fargo has been under federal scrutiny for alleged fraudulent account practices. Coconut Grove Bank now owns 2,538 shares of the financial services provider's stock worth $112,000 after buying an additional 900 shares in the last quarter.
WARNING: "Wells Fargo & Co (WFC) CEO Timothy J. Sloan Acquires 39,000 Shares" was originally published by Transcript Daily and is the property of of Transcript Daily. The company has a market capitalization of $262.08 billion, a P/E ratio of 13.11 and a beta of 0.98. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -4.71%. Neville Rodie And Shaw invested 1.86% in Wells Fargo & Co (NYSE:WFC).
Wells Fargo & Co (NYSE:WFC) last released its quarterly earnings results on Thursday, April 13th. The fund acquired 22,412 shares of the financial services provider's stock, valued at approximately $992,000.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms.More news: Labour MP calls snap general election a 'vanity project'
Wells Fargo & Company (WFC) now has a Return on Assets (ROA) value of 1.1 Percent. WFC generated revenue of $23.22 Billion in the same quarter, one year ago. The firm is identifying the workers and then looking to see if they were fired or punished within the a year ago. "Has $7.434 Million Position in Wells Fargo & Co (WFC)" was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & worldwide copyright and trademark law. The original version of this news story can be read at [[permalink]].
Several brokerages have weighed in on WFC.
Rafferty Downgrades Wells Fargo & Company (WFC)'s stock to Sell with the price target of $54.5.
04/12/2017 - Wells Fargo & Company had its "outperform" rating reiterated by analysts at Credit Suisse. Finally, Robert W. Baird reaffirmed a "buy" rating and issued a $58.00 target price on shares of Wells Fargo & Co in a report on Tuesday, January 10th. RBC Capital Markets maintained Wells Fargo & Co (NYSE:WFC) rating on Friday, October 16. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and sixteen have assigned a buy rating to the company's stock.
Since March 3, 2017, it had 0 insider purchases, and 2 selling transactions for $390.87 million activity. The company's institutional ownership is monitored at 77.5 percent. The stock was purchased at an average price of $51.65 per share, for a total transaction of $3,013,364.30. Marathon Trading Inv Mgmt Limited Liability Corporation accumulated 32,248 shares or 0.2% of the stock. They now have a United States dollars 59 price target on the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.