Wells Fargo Reports Record Wealth Management Assets

Wells Fargo Reports Record Wealth Management Assets

On 12/31/2016 Wells Fargo & Company (WFC) reported its EPS in the last quarter as $1.03/Share beating the analyst estimate of $1/Share by the difference of $0.03. The stock exchanged hands with 47.98 million shares contrast to its average daily volume of 17.95 million shares. The stock has a market cap of $256.92 billion, a P/E ratio of 12.87 and a beta of 0.98. The stock's 50 day moving average is $56.78 and its 200 day moving average is $53.23. (WPX) are trading -22.08% downward from the 52-week high mark and 81.56% above from the fifty two-week low mark.

Wells Fargo & Co (NYSE:WFC) have shown a high EPS growth of 7.20% in the last 5 years and has earnings growth of 0.80% yoy. Wells Fargo & Co had a return on equity of 12.60% and a net margin of 23.30%.

Wall Street analysts expect that Wells Fargo & Co (NYSE:WFC) will announce earnings per share (EPS) of $1.06 for the current quarter, according to Zacks. During the same quarter in the previous year, the business earned $0.99 EPS. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and worldwide copyright and trademark law. The original version of this article can be accessed at https://www.themarketsdaily.com/2017/04/17/wells-fargo-co-wfc-director-stephen-w-sanger-purchases-58342-shares.html.

Several research analysts have recently commented on WFC shares.

Shares of Wells Fargo plunged in early trading on Thursday after the embattled bank, still reeling from the aftermath of a scandal over bogus bank accounts, posted profits that were slightly below those of a year ago and revealed that new customers shunned the bank during March. Argus downgraded shares of Wells Fargo & Co from a buy rating to a hold rating and increased their target price for the stock from $53.00 to $53.78 in a research report on Wednesday, January 18th.

Star Wars Battlefront II Announced with November 17 Release
As she witnesses the destruction of the Death Star, a new path is forged, where she must take vengeance. If you're like me, your Twitter feed has been filled with a non-stop rush of all things Star Wars.

Wells Fargo & Company (WFC) the Stock now has the market capitalization of $256.95 Billion, P/E (price to earnings ttm) of 12.85 and Weekly volatility of 1.88% and monthly volatility of 1.75% respectively.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future. The company presently has an average rating of "Hold" and a consensus target price of $54.12. Investors measure stock performance on the basis of a company's earnings power. Tompkins Financial Corp now owns 44,277 shares of the financial services provider's stock valued at $2,141,000 after buying an additional 6,124 shares during the last quarter. Hengehold Capital Management LLC increased its position in Wells Fargo & Co by 5.7% in the third quarter. Capital City Trust Co. Community Bank N.A. boosted its position in Wells Fargo & Co by 14.9% in the third quarter. Smithbridge Asset Management Inc. DE now owns 78,401 shares of the financial services provider's stock valued at $3,472,000 after buying an additional 1,677 shares during the period. Finally, Atria Investments LLC increased its stake in Wells Fargo & Co by 1.5% in the first quarter.

Analysts give NLSN a mean recommendation of 2.30. Hedge funds and other institutional investors own 73.25% of the company's stock.

"The general customer base has remained intact at Wells Fargo, is showing slower growth, but it is still growing", said Marty Mosby, an analyst with Vining Sparks, a Tennessee-based investment firm.

At the movement Discover Financial Services (NYSE:DFS) is under coverage by number of analysts. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.

Related Articles

  • United Airlines passenger dragged from plane: 'everything' is injured

    The airport security officers try to convince him to get off the flight, but Dao refuses to leave his seat. The officers' union contract prohibits the city from releasing their names, Pride said.
    Ryan Reynolds made Blake Lively a hilarious childbirth playlist

    Ryan Reynolds made Blake Lively a hilarious childbirth playlist

    The couple also have another daughter, Ines, who is now six months old. I think I just caught her right in the middle of a contraction'.
    North Korea missile launch fails, says South Korean military

    North Korea missile launch fails, says South Korean military

    McMaster said, "it's time for us to undertake all actions we can, short of a military option, to try to resolve this peacefully". According to Yonhap News Agency, based in South Korea, the unidentified missile launch took place at the port city of Sinpo.
  • Demetrious Johnson On UFC's Poor Promotion: Nobody Knew I Was Fighting

    Demetrious Johnson On UFC's Poor Promotion: Nobody Knew I Was Fighting

    It sounds like Demetrious Johnson is going to get his complete belt collection after all. If we're handing out belts every single defense here, that's a lot of money.
    Budapest Protesters March After Education Amendments Signed Into Law

    Budapest Protesters March After Education Amendments Signed Into Law

    Orban is on course to win a third consecutive term as premier next year, according to polls. Yee is also expected to meet with authorities from the university.
    Tax Day deals: Free beer, free cookies, and more

    Tax Day deals: Free beer, free cookies, and more

    Get a big bundle of bagels and two tubs of cream cheese for $10.40 at Bruegger's Bagels with this coupon . Some locations offer this deal Saturday through Tuesday, while others are only offering it on Tuesday.
  • Bale out of Bayern return, doubt for Clasico

    Bale out of Bayern return, doubt for Clasico

    Yannick Carrasco and Thomas Partey both saw penalties saved in the dying embers of Saturday's routine 3-0 win over Osasuna . This was a foretaste of the move which capped off a memorable display from Isco . "It is the hard part of this job".
    Mr. T Faced his Dancing Fears for Reality Show

    Mr. T Faced his Dancing Fears for Reality Show

    Normani danced in memory of her competing on Season 2 of The X Factor when she joined her Fifth Harmony group and found fame. Two pairs - Bonner Bolton with Sharna Burgess and Nancy Kerrigan with Artem Chigvintsev - will be dancing the foxtrot.
    USA  urges Turkey to respect all views after referendum

    USA urges Turkey to respect all views after referendum

    The country that President Erdogan wants to create, Röttgen said, is "a very, very different rule from European democracy". But Erdogan told the mission to "know your place", saying Turkey had no intention of paying any attention to the report .
  • Christians celebrate Easter with religious fervour

    Christians celebrate Easter with religious fervour

    One of the attractions of the holiday, particularly for children, are Easter eggs, which symbolise a new life. Knights of the Holy Sepulchre attend the Easter Sunday procession in Jerusalems Old City on April 16, 2017.

    Nintendo Switch breaks sales record at Nintendo

    This has created the odd situation where there have been more copies of that game sold than there are consoles to play it on. The announced Nintendo Switch game line-up includes Mario Kart 8 Deluxe and The Legend of Zelda: Breath of the Wild .
    Ramesh Agarwal, Chairman of Dainik Bhaskar Group, passes away following cardiac arrest

    Ramesh Agarwal, Chairman of Dainik Bhaskar Group, passes away following cardiac arrest

    Madhya Pradesh Chief Minister Shivraj Singh Chouhan also expressed his condolences at the passing away of Mr. Ramesh Agrawal did his graduation in political science from Barkatulla University, Bhopal .