Goldman Sachs Downgraded Wells Fargo (NYSE:WFC)’s Rating On Apr 16, 2019.

Wells Fargo & Company (NYSE:WFC) Corporate Logo

Big Money Sentiment decreased to 0.53 in Q4 2018. It has change of 0.25, from 2018Q3’s 0.78. The ratio worsened due to Wells Fargo & Company positioning: 101 sold and 748 reduced. 113 funds amassed stakes and 337 increased stakes. Investors holded 3.46 billion in 2018Q3 but now own 3.41 billion shares or 1.32% less.

Exane Derivatives has invested 0% of its capital in Wells Fargo & Company (NYSE:WFC). Kdi Limited Com invested in 0.17% or 10,903 shs. Credit Suisse Ag stated it has 0.49% in Wells Fargo & Company (NYSE:WFC). Sequent Asset Mgmt Ltd Liability owns 42,809 shs or 1.59% of their US capital. Ontario Teachers Pension Plan Board accumulated 94,245 shs. Sand Hill Global Limited Liability Co holds 12,066 shs. Washington Mngmt invested in 12,450 shs. Sandy Spring Bancorporation invested 0.16% of its capital in Wells Fargo & Company (NYSE:WFC). Homrich And Berg owns 44,035 shs. Iowa Bankshares holds 2.47% of its capital in Wells Fargo & Company (NYSE:WFC) for 106,201 shs. Bkd Wealth Advisors Llc owns 30,776 shs. Phocas Fincl reported 0.01% in Wells Fargo & Company (NYSE:WFC). Commonwealth Of Pennsylvania Public School Empls Retrmt reported 231,119 shs. Legacy Private Tru reported 0.05% stake. Earnest Partners Ltd Liability Corp reported 102,344 shs.

Goldman Sachs Decreased Wells Fargo (NYSE:WFC)’s Rating to “Neutral”.

It was announced on Monday morning that Goldman Sachs downgraded Wells Fargo (NYSE:WFC)‘s rating to “Neutral”. WFC’s old rating was “Buy”.

Wells Fargo & Company (NYSE:WFC) Ratings Coverage

In total 8 analysts cover Wells Fargo (NYSE:WFC). “Buy” rating has 1, “Sell” are 0, while 7 are “Hold”. (NYSE:WFC) has 13% bullish analysts. 16 are the (NYSE:WFC)’s ratings reports on Apr 16, 2019 according to StockzIntelligence Inc. On Monday, April 15 Buckingham Research downgraded Wells Fargo & Company (NYSE:WFC) rating. Buckingham Research has “Neutral” rating and $53 target. On Monday, April 15 the company was maintained by Barclays Capital. On Monday, April 15 BMO Capital Markets maintained Wells Fargo & Company (NYSE:WFC) with “Market Perform” rating. The company rating was downgraded by Wood on Monday, April 1. On Friday, December 7 the firm has “Neutral” rating given by Credit Suisse. On Monday, April 15 Morgan Stanley maintained the shares of WFC in report with “Equal-Weight” rating. On Wednesday, January 2 the stock of Wells Fargo & Company (NYSE:WFC) earned “Sector Perform” rating by RBC Capital Markets. On Friday, March 29 Deutsche Bank downgraded the shares of WFC in report to “Hold” rating. On Monday, April 15 the stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by Deutsche Bank.

WFC reached $46.77 during the last trading session after $0.28 change.Wells Fargo & Company has 33.77M shares volume, 48.09% up from normal. WFC is downtrending and has moved 12.56% since April 16, 2018. WFC underperformed by 16.93% the S&P500.

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions.The company has $211.02 billion market cap. The company's Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans.10.35 is the P/E ratio. The Company’s Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed-income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products.

For more Wells Fargo & Company (NYSE:WFC) news released recently go to: Seekingalpha.com, Investorplace.com, Benzinga.com, Benzinga.com or Investorplace.com. The titles are as follows: “Buying Season For A Wells Fargo Preferred – Seeking Alpha” released on December 17, 2018, “Wells Fargo Stock Unlikely to Rebound Meaningfully Anytime Soon – Investorplace.com” on April 03, 2019, “Wells Fargo CEO Tim Sloan: Bank’s Culture Has ‘Substantially Improved’ (NYSE:WFC) – Benzinga” with a publish date: March 13, 2019, “Wells Fargo & Company (NYSE:WFC) – Hot Commodities: IMO 2020 – Benzinga” and the last “Monday’s Vital Data: Disney, Netflix and Wells Fargo – Investorplace.com” with publication date: April 15, 2019.

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

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