Cantor Fitzgerald Investment Advisors L.P. Cuts Stake in Wells Fargo & Company $WFC

Key Points

• Cantor Fitzgerald Investment Advisors L.P. cut its Wells Fargo stake by 18.4% to 253,778 shares (about $23.65M), making WFC 1.8% of the fund's portfolio and its 11th-largest holding.
• Several large institutions aggressively reweighted into WFC—Capital Research owns 35.66M shares after an 18.6% increase, M&G PLC boosted its holding 320.3%, and Danske, Mawer and Mondrian initiated sizable stakes—while about 75.9% of the stock is held by institutional investors.
• WFC trades near $85.43 (52-week range $59.65–$97.76) with a P/E of ~13.6 and $263.6B market cap; the bank beat Q4 EPS ($1.76 vs. $1.66) and pays a $0.45 quarterly dividend (2.1% yield), but insiders sold ~115,000 shares in the past 90 days and analysts show a consensus "Moderate Buy" with an average target of $97.70.

Cantor Fitzgerald Investment Advisors L.P. cut its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 18.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,778 shares of the financial services provider's stock after selling 57,095 shares during the period. Wells Fargo & Company makes up 1.8% of Cantor Fitzgerald Investment Advisors L.P.'s portfolio, making the stock its 11th biggest position. Cantor Fitzgerald Investment Advisors L.P.'s holdings in Wells Fargo & Company were worth $23,652,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WFC. Capital Research Global Investors boosted its position in shares of Wells Fargo & Company by 18.6% during the third quarter. Capital Research Global Investors now owns 35,660,903 shares of the financial services provider's stock valued at $2,989,104,000 after buying an additional 5,584,930 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Wells Fargo & Company during the third quarter valued at $215,638,000. M&G PLC boosted its position in shares of Wells Fargo & Company by 320.3% during the third quarter. M&G PLC now owns 2,946,277 shares of the financial services provider's stock valued at $247,487,000 after buying an additional 2,245,307 shares during the last quarter. Mawer Investment Management Ltd. purchased a new stake in shares of Wells Fargo & Company during the third quarter valued at $147,165,000. Finally, Mondrian Investment Partners LTD purchased a new stake in shares of Wells Fargo & Company during the third quarter valued at $138,398,000. 75.90% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Wells Fargo & Company

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Several analysts have nudged Q1 earnings/revenue estimates higher and highlighted incremental strength ahead of the April 14 report; management changes (new head of Business Banking) are being viewed as constructive. Wells Fargo Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Positive Sentiment: Broader market relief after a temporary ceasefire in the Middle East pushed oil prices lower and lifted bank stocks, giving Wells Fargo a short-term boost ahead of earnings. Wells Fargo (WFC) Stock Trades Up, Here Is Why
• Neutral Sentiment: Pre-earnings previews expect solid revenue and EPS growth but flag mortgage volume/margin weakness and higher credit costs as offsets — this creates binary risk: beat could lift the shares, a miss or weak guidance could pressure them. Wells Fargo Q1 Earnings on the Deck: What's in Store for the Stock?
• Neutral Sentiment: Deeper previews examine key metrics beyond headline EPS — look for details on net interest margin, mortgage pipelines, trading revenue and loan-loss provisioning for clearer direction. Countdown to Wells Fargo (WFC) Q1 Earnings: Wall Street Forecasts for Key Metrics
• Neutral Sentiment: Sector-wide previews (JPM, C, WFC) suggest banks could benefit from easing macro oil/geo fears, but risks to asset quality and rising costs remain a moderating factor. What Can Investors Expect from Bank Earnings?
• Negative Sentiment: JPMorgan cut its price target on WFC (flagging bank-sector volatility and risks), which can amplify downside if Wells Fargo misses or issues cautious guidance. JPMorgan Trims Wells Fargo & Company (WFC) Target, Flags Volatility Risks for Banks
• Negative Sentiment: Separate reports note pessimistic near-term forecasts for WFC from some sell-side commentary — negative headlines or analyst downgrades ahead of earnings could pressure the share price. JPMorgan Chase & Co. Issues Pessimistic Forecast for Wells Fargo & Company NYSE: WFC Stock Price
• Negative Sentiment: Despite occasional daily gains, Wells Fargo has recently underperformed peers — an underperformance trend can weigh on sentiment if earnings don’t show clear improvement. Wells Fargo & Co. stock underperforms Thursday when compared to competitors despite daily gains

Wells Fargo & Company Stock Down 0.7%

WFC stock opened at $85.43 on Friday. Wells Fargo & Company has a fifty-two week low of $59.65 and a fifty-two week high of $97.76. The business's 50-day moving average is $83.29 and its two-hundred day moving average is $86.19. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market cap of $263.62 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 0.96 and a beta of 1.06.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The company had revenue of $21.29 billion for the quarter, compared to the consensus estimate of $21.63 billion. During the same quarter in the prior year, the company earned $1.43 earnings per share. Wells Fargo & Company's revenue was up 4.5% on a year-over-year basis. As a group, analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. Wells Fargo & Company's dividend payout ratio is currently 28.71%.

Insider Buying and Selling at Wells Fargo & Company

In other Wells Fargo & Company news, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the transaction, the executive vice president owned 169,496 shares of the company's stock, valued at approximately $14,813,950.40. This represents a 26.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the transaction, the executive vice president directly owned 79,876 shares in the company, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.14% of the stock is owned by company insiders.

Analyst Ratings Changes

WFC has been the topic of several recent analyst reports. Truist Financial dropped their price objective on Wells Fargo & Company from $98.00 to $94.00 and set a "buy" rating on the stock in a research report on Tuesday, March 17th. UBS Group reaffirmed a "buy" rating and set a $113.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, February 4th. TD Cowen dropped their price objective on Wells Fargo & Company from $102.00 to $100.00 and set a "hold" rating on the stock in a research report on Thursday, January 15th. Barclays increased their price objective on Wells Fargo & Company from $94.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, January 5th. Finally, Robert W. Baird raised Wells Fargo & Company from an "underperform" rating to a "neutral" rating and set a $85.00 price objective on the stock in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $97.70.

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.

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