Wells Fargo & Company Company Profile (NYSE:WFC)

About Wells Fargo & Company

Wells Fargo & Company logoWells Fargo & Company is a bank holding company. The Company is a financial services company, which offers banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage, and consumer and commercial finance. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. Its Community Banking segment offers financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending. Its Wholesale Banking segment provides financial solutions to businesses across the United States and globally. Its Wealth and Investment Management segment provides a range of personalized wealth management, investment, and retirement products and services to clients across the United States-based businesses. It operates through over 8,700 locations and approximately 13,000 automated teller machines.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Diversified Banks
  • Exchange: NYSE
  • Symbol: WFC
  • CUSIP: 94974610
Key Metrics:
  • Previous Close: $58.25
  • 50 Day Moving Average: $56.08
  • 200 Day Moving Average: $51.06
  • 52-Week Range: $43.55 - $59.01
  • Trailing P/E Ratio: 14.63
  • Foreward P/E Ratio: 12.69
  • P/E Growth: 1.93
  • Market Cap: $292.74B
  • Outstanding Shares: 5,016,109,000
  • Beta: 0.98
  • Net Margins: 23.30%
  • Return on Equity: 12.60%
  • Return on Assets: 1.17%
  • Debt-to-Equity Ratio: 1.45%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.90%
Additional Links:
Companies Related to Wells Fargo & Company:

Analyst Ratings

Consensus Ratings for Wells Fargo & Company (NYSE:WFC) (?)
Ratings Breakdown: 6 Sell Ratings, 12 Hold Ratings, 14 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $52.78 (9.57% downside)

Analysts' Ratings History for Wells Fargo & Company (NYSE:WFC)
DateFirmActionRatingPrice TargetDetails
2/16/2017Credit Suisse GroupDowngradeOutperform -> Neutral$58.55 -> $56.00View Rating Details
1/18/2017ArgusDowngradeBuy -> Hold$53.00 -> $53.78View Rating Details
1/17/2017FBR & CoReiterated RatingMarket Perform$55.00View Rating Details
1/13/2017CLSAReiterated RatingOutperform$64.00View Rating Details
1/11/2017Raymond James Financial, Inc.Reiterated RatingSellView Rating Details
1/11/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
1/11/2017Keefe, Bruyette & WoodsReiterated RatingHold$48.00View Rating Details
1/11/2017Piper Jaffray CompaniesReiterated RatingSell$43.00View Rating Details
1/11/2017MacquarieReiterated RatingSellView Rating Details
1/11/2017GuggenheimReiterated RatingSell$47.00View Rating Details
1/11/2017BMO Capital MarketsReiterated RatingSell$50.00View Rating Details
1/11/2017Susquehanna Bancshares IncReiterated RatingHoldView Rating Details
1/11/2017Sandler O'NeillReiterated RatingHoldView Rating Details
1/11/2017Pacific CrestReiterated RatingHoldView Rating Details
1/11/2017J P Morgan Chase & CoReiterated RatingHoldView Rating Details
1/11/2017Jefferies Group LLCReiterated RatingHold$58.00View Rating Details
1/11/2017RBC Capital MarketsReiterated RatingBuy$52.00View Rating Details
1/11/2017Morgan StanleyReiterated RatingBuy$53.00View Rating Details
1/11/2017Bank of America CorpReiterated RatingBuy$50.00View Rating Details
1/11/2017InstinetReiterated RatingBuy$51.00View Rating Details
1/11/2017Evercore ISIReiterated RatingBuy$51.00View Rating Details
1/11/2017Deutsche Bank AGReiterated RatingBuy$50.00View Rating Details
1/10/2017Citigroup Inc.Reiterated RatingBuy$51.00 -> $62.00View Rating Details
1/10/2017Barclays PLCReiterated RatingBuy$65.00View Rating Details
1/10/2017Robert W. BairdReiterated RatingBuy$58.00View Rating Details
12/6/2016Rafferty Capital MarketsUpgradeSell -> HoldView Rating Details
9/23/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$56.00View Rating Details
9/16/2016Atlantic SecuritiesDowngradeNeutral -> Underweight$46.15 -> $44.00View Rating Details
7/18/2016Drexel HamiltonReiterated RatingBuyView Rating Details
7/18/2016Royal Bank Of CanadaLower Price TargetOutperform$57.00 -> $54.00View Rating Details
7/13/2016Berenberg BankInitiated CoverageHold$45.00View Rating Details
7/9/2016NomuraReiterated RatingBuyView Rating Details
2/26/2016Sanford C. BernsteinLower Price Target$57.00 -> $55.00View Rating Details
1/19/2016Societe GeneraleLower Price TargetSell$51.00 -> $47.00View Rating Details
1/19/2016Compass PointLower Price TargetNeutral$55.00 -> $54.00View Rating Details
8/31/2015Vining SparksReiterated RatingBuyView Rating Details
8/13/2015S&P Equity ResearchReiterated RatingBuy$62.00View Rating Details
3/9/2015Miller TabakUpgradeHold -> BuyView Rating Details
(Data available from 2/23/2015 forward)


Earnings History for Wells Fargo & Company (NYSE:WFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/13/2017Q416$1.00$0.96$21.60 billionViewN/AView Earnings Details
10/14/2016Q316$1.01$1.03$22.30 billionViewListenView Earnings Details
7/15/2016Q216$1.01$1.01$22.20 billionViewListenView Earnings Details
4/14/2016Q116$0.98$0.99$21.70 billion$22.20 billionViewListenView Earnings Details
1/15/2016Q415$1.02$1.03$21.59 billionViewListenView Earnings Details
10/14/2015Q315$1.04$1.05$21.75 billion$21.88 billionViewListenView Earnings Details
7/14/2015Q215$1.03$1.03$21.69 billion$21.32 billionViewListenView Earnings Details
4/14/2015Q115$0.98$1.04$21.30 billionViewN/AView Earnings Details
1/14/2015Q414$1.02$1.02$21.29 billion$21.40 billionViewN/AView Earnings Details
10/14/2014Q314$1.02$1.02$21.06 billion$21.20 billionViewListenView Earnings Details
7/11/2014Q2 14$1.01$1.01$20.76 billion$21.10 billionViewN/AView Earnings Details
4/11/2014Q114$0.96$1.05$20.60 billion$20.60 billionViewN/AView Earnings Details
1/13/2014Q413$0.98$1.00$20.63 billion$20.70 billionViewN/AView Earnings Details
10/11/2013Q313$0.97$0.99$21.00 billion$20.50 billionViewN/AView Earnings Details
7/12/2013Q2 2013$0.93$0.98$21.21 billion$21.40 billionViewN/AView Earnings Details
4/12/2013Q1 2013$0.88$0.92$21.59 billion$21.26 billionViewN/AView Earnings Details
1/11/2013Q4 2012$0.90$0.91$21.29 billion$21.90 billionViewN/AView Earnings Details
10/12/2012Q312$0.87$0.88$21.47 billion$21.20 billionViewN/AView Earnings Details
7/13/2012$0.81$0.82ViewN/AView Earnings Details
4/13/2012$0.72$0.75ViewN/AView Earnings Details
1/17/2012$0.73$0.73ViewN/AView Earnings Details
10/17/2011$0.73$0.72ViewN/AView Earnings Details
7/19/2011$0.69$0.70ViewN/AView Earnings Details
4/20/2011$0.66$0.67ViewN/AView Earnings Details
1/19/2011$0.61$0.61ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Wells Fargo & Company (NYSE:WFC)
Current Year EPS Consensus Estimate: $4.19 EPS
Next Year EPS Consensus Estimate: $4.60 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.99$1.03$1.01
Q2 20163$1.00$1.02$1.01
Q3 20163$1.02$1.06$1.04
Q4 20163$1.00$1.03$1.02
Q1 20173$0.96$1.00$0.98
Q2 20173$1.03$1.06$1.05
Q3 20173$1.08$1.11$1.09
Q4 20173$1.01$1.10$1.06
Q1 20181$1.07$1.07$1.07
Q2 20181$1.08$1.08$1.08
Q3 20181$1.11$1.11$1.11
Q4 20181$1.11$1.11$1.11
(Data provided by Zacks Investment Research)


Current Dividend Information for Wells Fargo & Company (NYSE:WFC)
Annual Dividend:$1.52
Dividend Yield:2.60%
Dividend Growth:9.60% (3 Year Average)
Payout Ratio:38.10% (Based on Trailing 12 Months of Earnings)
36.28% (Based on Current Year Consensus EPS Estimate)
33.04% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Wells Fargo & Company (NYSE:WFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Wells Fargo & Company (NYSE:WFC)
Insider Ownership Percentage: 0.29%
Institutional Ownership Percentage: 73.25%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016Timothy J SloanCOOSell20,500$48.92$1,002,860.00View SEC Filing  
5/3/2016James H QuigleyDirectorBuy2,000$49.97$99,940.00View SEC Filing  
4/27/2016Avid ModjtabaiEVPSell55,000$50.77$2,792,350.00View SEC Filing  
4/22/2016David M. CarrollVPSell62,300$50.28$3,132,444.00View SEC Filing  
3/11/2016Lloyd H DeanDirectorSell2,210$49.93$110,345.30View SEC Filing  
3/10/2016Timothy J SloanCOOSell10,000$48.16$481,600.00View SEC Filing  
12/9/2015Michael J LoughlinEVPSell20,000$54.48$1,089,600.00View SEC Filing  
10/22/2015Timothy J. SloanEVPSell24,000$54.28$1,302,720.00View SEC Filing  
7/23/2015James M StrotherEVPSell31,000$58.28$1,806,680.00View SEC Filing  
5/15/2015Timothy J SloanEVPSell50,000$56.00$2,800,000.00View SEC Filing  
5/8/2015Kevin A RheinEVPSell17,500$55.27$967,225.00View SEC Filing  
5/4/2015Michael J HeidEVPSell18,000$55.55$999,900.00View SEC Filing  
4/30/2015Michael J HeidEVPSell19,000$55.06$1,046,140.00View SEC Filing  
4/27/2015Michael J LoughlinEVPSell19,696$55.10$1,085,249.60View SEC Filing  
4/21/2015Michael J HeidEVPSell18,000$54.58$982,440.00View SEC Filing  
4/16/2015Avid ModjtabaiEVPSell70,000$54.65$3,825,500.00View SEC Filing  
4/16/2015David M CarrollVPSell77,000$54.81$4,220,370.00View SEC Filing  
4/15/2015James M StrotherEVPSell50,000$54.80$2,740,000.00View SEC Filing  
4/15/2015Richard LevyVPSell95,000$54.48$5,175,600.00View SEC Filing  
1/23/2015Timothy J SloanEVPSell25,000$53.51$1,337,750.00View SEC Filing  
12/10/2014Susan E EngelDirectorSell1,964$54.27$106,586.28View SEC Filing  
11/11/2014Carrie L TolstedtEVPSell219,835$53.76$11,818,329.60View SEC Filing  
11/7/2014Avid ModjtabaiEVPSell25,000$54.10$1,352,500.00View SEC Filing  
11/7/2014John G StumpfCEOSell329,197$54.05$17,793,097.85View SEC Filing  
11/5/2014Kevin A RheinEVPSell10,000$53.49$534,900.00View SEC Filing  
11/3/2014Enrique Hernandez JrDirectorSell7,740$53.54$414,399.60View SEC Filing  
10/31/2014James M StrotherEVPSell20,000$52.91$1,058,200.00View SEC Filing  
10/29/2014Michael J LoughlinEVPSell10,000$51.77$517,700.00View SEC Filing  
9/2/2014Michael J LoughlinEVPSell10,000$51.55$515,500.00View SEC Filing  
4/28/2014Timothy SloanCFOSell80,000$48.65$3,892,000.00View SEC Filing  
4/21/2014Richard LevyVPSell45,000$49.04$2,206,800.00View SEC Filing  
4/16/2014Michael HeidEVPSell28,462$49.08$1,396,914.96View SEC Filing  
4/15/2014David CarrollVPSell71,800$48.54$3,485,172.00View SEC Filing  
4/15/2014James StrotherEVPSell50,000$48.31$2,415,500.00View SEC Filing  
1/24/2014Timothy SloanCFOSell75,000$45.84$3,438,000.00View SEC Filing  
1/15/2014Michael HeidEVPSell3,800$45.90$174,420.00View SEC Filing  
12/9/2013Susan EngelDirectorSell3,887$44.27$172,077.49View SEC Filing  
11/25/2013Michael HeidEVPSell10,000$44.44$444,400.00View SEC Filing  
11/8/2013Lloyd DeanDirectorSell6,702$42.52$284,969.04View SEC Filing  
10/30/2013John G StumpfCEOSell300,000$43.18$12,954,000.00View SEC Filing  
8/14/2013James StrotherEVPSell9,307$43.35$403,458.45View SEC Filing  
8/1/2013David M CarrollVPSell79,700$44.15$3,518,755.00View SEC Filing  
7/31/2013Avid ModjtabaiEVPSell60,000$43.71$2,622,600.00View SEC Filing  
7/30/2013John G StumpfCEOSell38,000$43.26$1,643,880.00View SEC Filing  
7/29/2013Michael J HeidEVPSell2,936$43.29$127,099.44View SEC Filing  
7/26/2013Michael J LoughlinEVPSell70,953$43.52$3,087,874.56View SEC Filing  
7/24/2013David A HoytEVPSell101,886$44.60$4,544,115.60View SEC Filing  
7/15/2013Michael J HeidEVPSell6,906$43.07$297,441.42View SEC Filing  
7/15/2013Richard LevyVPSell75,000$43.18$3,238,500.00View SEC Filing  
5/15/2013Kevin A RheinEVPSell70,000$38.66$2,706,200.00View SEC Filing  
5/9/2013Michael J HeidEVPSell3,000$38.44$115,320.00View SEC Filing  
10/17/2012Stephen W SangerDirectorBuy10,000$33.96$339,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Wells Fargo & Company (NYSE:WFC)
bizjournals.com logoAlameda moves to divest more than $36 million from Wells Fargo (NYSE:WFC)
feeds.bizjournals.com - February 23 at 11:18 AM
fool.com logoWells Fargo Sees Its Reputation Hit a New Low (NYSE:WFC)
www.fool.com - February 23 at 10:53 AM
News IconTechnicals in Focus for Wells Fargo & Company (WFC) - The USA Commerce (NYSE:WFC)
www.theusacommerce.com - February 23 at 3:34 AM
News IconEquity Perception: Analyst's Indicator Review for The Coca-Cola Company (KO), Wells Fargo & Company (WFC) - The USA Commerce (NYSE:WFC)
theusacommerce.com - February 23 at 3:34 AM
investopedia.com logoFour Wells Fargo Managers Fired (WFC, XLF) - Investopedia (NYSE:WFC)
www.investopedia.com - February 23 at 3:34 AM
feeds.benzinga.com logo3 Reasons Wells Fargo Is Warming Up To First Solar (NYSE:WFC)
feeds.benzinga.com - February 22 at 2:51 PM
cnn.com logoBig banks rack up $6.4 billion in ATM and overdraft fees (NYSE:WFC)
money.cnn.com - February 22 at 11:39 AM
nasdaq.com logoWells Fargo Terminates Four Managers Amid Probe Into Account Scandal (NYSE:WFC)
www.nasdaq.com - February 22 at 11:08 AM
fortune.com logoWells Fargo Has Fired and Cut Bonuses for 4 Executives Over Its Sales Scandal (NYSE:WFC)
fortune.com - February 22 at 11:08 AM
businesswire.com logoWells Fargo Announces Actions Based on Retail Banking Sales Practices Investigation (NYSE:WFC)
www.businesswire.com - February 22 at 11:08 AM
bizjournals.com logoWells Fargo fires 4 execs in connection with retail banking scandal (NYSE:WFC)
us.rd.yahoo.com - February 22 at 11:08 AM
us.rd.yahoo.com logoWells Fargo Fires Four Managers Over Account Scandal (NYSE:WFC)
us.rd.yahoo.com - February 22 at 11:08 AM
fool.com logoWarren Buffett's 5 Largest Stock Holdings (NYSE:WFC)
us.rd.yahoo.com - February 22 at 11:08 AM
us.rd.yahoo.com logoWhere Apple Ranks In Warren Buffett's Portfolio (NYSE:WFC)
us.rd.yahoo.com - February 22 at 11:08 AM
fool.com logo3 Warren Buffett Dividend Stocks to Buy (NYSE:WFC)
www.fool.com - February 22 at 11:08 AM
News IconWells Fargo Axes 4 Senior Managers In 'Ongoing' Sales-scandal Probe - MediaPost Communications (NYSE:WFC)
www.mediapost.com - February 22 at 8:18 AM
News IconWells Fargo announces four fired managers in fraudulent customer account scandal (NYSE:WFC)
www.journalnow.com - February 21 at 4:10 PM
News IconAnalysts showing optimistic trends for: Wells Fargo & Company (NYSE:WFC)
prensariotiretail.com - February 21 at 4:10 PM
News IconWells Fargo fund business on the defensive amid sales scandal (NYSE:WFC)
www.stltoday.com - February 21 at 4:10 PM
News IconCredit Suisse Group Lowers Wells Fargo & Company (WFC) to Neutral (NYSE:WFC)
mundoaguaysaneamiento.net - February 21 at 4:10 PM
us.rd.yahoo.com logoWells Fargo fires four current & former managers (NYSE:WFC)
us.rd.yahoo.com - February 21 at 4:10 PM
thestreet.com logoWells Fargo Fires 4 Over Sales Practices (NYSE:WFC)
us.rd.yahoo.com - February 21 at 4:10 PM
us.rd.yahoo.com logoWells Fargo fires 4 executives amid probe into sales practices (NYSE:WFC)
us.rd.yahoo.com - February 21 at 4:10 PM
us.rd.yahoo.com logoWells Fargo fires four executives amid probe into sales practices (NYSE:WFC)
us.rd.yahoo.com - February 21 at 4:10 PM
bizjournals.com logoWells Fargo fires four people based on board’s ongoing investigation of retail bank practices (NYSE:WFC)
www.bizjournals.com - February 21 at 4:10 PM
cnn.com logoWells Fargo fires 4 senior employees for ties to fake account scandal (NYSE:WFC)
money.cnn.com - February 21 at 3:33 PM
bloomberg.com logoWells Fargo Fires Managers, Denies Bonuses in Account Probe - Bloomberg (NYSE:WFC)
www.bloomberg.com - February 21 at 3:33 PM
bizjournals.com logoWells Fargo fires 4 managers it says were involved in retail banking scandal (NYSE:WFC)
feeds.bizjournals.com - February 21 at 3:33 PM
forbes.com logoWells Fargo Fires Four Senior Managers Amid Phony Account Scandal Investigation (NYSE:WFC)
www.forbes.com - February 21 at 3:33 PM
latimes.com logoWells Fargo fires four executives, including former L.A. regional president, in aftermath of scandal (NYSE:WFC)
www.latimes.com - February 21 at 2:30 PM
marketwatch.com logoWells Fargo fires 4 senior managers as part of sales scandal probe (NYSE:WFC)
feeds.marketwatch.com - February 21 at 2:10 PM
cnbc.com logoWells Fargo terminates 4 senior managers in ongoing sales practices investigation (NYSE:WFC)
www.cnbc.com - February 21 at 1:48 PM
feeds.benzinga.com logoJagged Peak Could Be The Clean Play For Energy Investors (NYSE:WFC)
feeds.benzinga.com - February 21 at 9:37 AM
News IconTaking a Fresh Look at Wells Fargo & Company (WFC) - StockNewsJournal (NYSE:WFC)
stocknewsjournal.com - February 21 at 8:10 AM
reuters.com logoWells Fargo fund business on the defensive amid sales scandal ... - Reuters (NYSE:WFC)
www.reuters.com - February 21 at 8:10 AM
News IconWells Fargo shares retreat a second straight session on Friday, retail trends seen as “relatively stable” in January (NYSE:WFC)
www.binarytribune.com - February 20 at 7:37 PM
finance.yahoo.com logoWells Fargo Names Two New Independent Directors (NYSE:WFC)
finance.yahoo.com - February 20 at 7:37 PM
finance.yahoo.com logoMOVES-Wells Fargo names two new directors to board (NYSE:WFC)
finance.yahoo.com - February 20 at 7:37 PM
finance.yahoo.com logoThe biggest hedge funds have been piling into bank stocks (NYSE:WFC)
finance.yahoo.com - February 20 at 7:37 PM
4-traders.com logoWELLS FARGO & COMPANY (NYSE:WFC) Files An 8-K Other Events (NYSE:WFC)
www.4-traders.com - February 20 at 8:12 AM
finance.yahoo.com logoThe Wells Fargo EGS Educathon 10K Run/Ride/Walk Event Marks Its Fifth Anniversary - Yahoo Finance (NYSE:WFC)
finance.yahoo.com - February 19 at 8:11 AM
News IconThe Technical Facts on Wells Fargo & Company (WFC) - The USA Commerce (NYSE:WFC)
www.theusacommerce.com - February 19 at 8:11 AM
finance.yahoo.com logoHow Fast Can a Big Bank Grow Its Deposits? (NYSE:WFC)
finance.yahoo.com - February 19 at 8:11 AM
bloomberg.com logoWells Fargo New Accounts Drop 31% as Scandal Impact Drags On (NYSE:WFC)
www.bloomberg.com - February 18 at 11:19 AM
finance.yahoo.com logoWhy Is Wells Fargo (WFC) Up 7.9% Since the Last Earnings Report? (NYSE:WFC)
finance.yahoo.com - February 18 at 11:19 AM
bizjournals.com logoFormer Ravens fullback returns to Maryland through Wells Fargo (NYSE:WFC)
www.bizjournals.com - February 17 at 5:10 PM
News IconPreview of Analysts Recommendation: Wells Fargo & Company's (NYSE:WFC)
cloudhostinghq.net - February 17 at 5:10 PM
News IconWells Fargo customers avoid bank amid accounts scandal (NYSE:WFC)
hoyentv.com - February 17 at 5:10 PM
News IconWells Fargo & Company (WFC): How technical indicators have come out? (NYSE:WFC)
prensariotiretail.com - February 17 at 5:10 PM
reuters.com logoWells Fargo sees 'relatively stable' January retail trends (NYSE:WFC)
www.reuters.com - February 17 at 5:10 PM


What is Wells Fargo & Company's stock symbol?

Wells Fargo & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "WFC."

How often does Wells Fargo & Company pay dividends? What is the dividend yield for Wells Fargo & Company?

Wells Fargo & Company declared a quarterly dividend on Tuesday, January 24th. Investors of record on Friday, February 3rd will be given a dividend of $0.38 per share on Wednesday, March 1st. This represents a $1.52 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Wednesday, February 1st.

Where is Wells Fargo & Company's stock going? Where will Wells Fargo & Company's stock price be in 2017?

32 brokers have issued 12-month price targets for Wells Fargo & Company's shares. Their predictions range from $43.00 to $65.00. On average, they anticipate Wells Fargo & Company's stock price to reach $52.78 in the next twelve months.

When will Wells Fargo & Company announce their earnings?

Wells Fargo & Company is scheduled to release their next quarterly earnings announcement on Thursday, April, 13th 2017.

What are analysts saying about Wells Fargo & Company stock?

Here are some recent quotes from research analysts about Wells Fargo & Company stock:

  • Credit Suisse Group analysts commented, "Our 2017 and 2018 estimates are $4.15 and 4.45 per share, respectively (consensus is at $4.19/4.58); base case estimate risk/sensitivity is driven by more or less movement in interest rates (we're assuming one 25bps rate hike in each of 2017 and 2018 with the 10-year Treasury hovering ~2.50%), commercial credit trends (later in the cycle), and capital markets conditions." (2/16/2017)
  • According to Zacks Investment Research, "Wells Fargo’s shares underperformed the Zacks categorized Regional Banks-Major industry over the last one year. Though troubles intensified following the bank’s $190-million settlement to resolve regulators’ claims of illegally opening millions of unauthorized accounts, the company’s fourth-quarter 2016 earnings outpaced the Zacks Consensus Estimate as well as the prior-year quarter’s earnings. Strong loans and deposit balances, along with elevated interest income aided the results. However, higher expenses and lower non-interest income remained a concern. While the current crisis at the company will take some time to alleviate, we believe that continued growth in loans and deposits and expansion moves should support its growth profile. Also, the company raised its prime lending rate to 3.75%, following Fed interest rate hike to 0.50%–0.75%, which is likely to alleviate margin pressure in the coming period." (2/6/2017)

  • FBR & Co analysts commented, "Wells Fargo reported 4Q16 GAAP EPS of $0.96, missing FBR's estimate of $1.01 and the Street estimate of $1.00. Wells had a disappointing fourth quarter as a combination of hedging inefficiencies, low mortgage banking revenue, and losses from trading all weighed on earnings. The company estimates that its hedges on long-term debt alone cost it $0.07 on GAAP EPS this quarter. On a positive note, Wells displayed its ability to take full advantage of its asset sensitive balance sheet in a rising rate environment by tacking on 5 bps to NIM while net interest income rose 3.8% quarter over quarter. As far as the retail sales practice scandal goes, the company has taken on various initiatives to rebuild customer trust, which has shown signs of improvement, but is still nowhere near revitalized. Overall, this wasn't the best quarter for Wells as the scandal continued to cast a shadow on retail confidence and non-interest revenues looked sluggish. That said, we see tailwinds in the company's near future from interest rates and Washington policies, which should propel Wells forward. We maintain our Market Perform rating and price target of $55." (1/17/2017)

Who owns Wells Fargo & Company stock?

Wells Fargo & Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Barrow Hanley Mewhinney & Strauss LLC (0.71%), Davis Selected Advisers (0.53%), Dimensional Fund Advisors LP (0.48%), Prudential PLC (0.26%), AQR Capital Management LLC (0.19%) and Asset Management One Co. Ltd. (0.17%). Company insiders that own Wells Fargo & Company stock include Avid Modjtabai, David M Carroll, James H Quigley, James M Strother, Kevin A Rhein, Lloyd H Dean, Michael J Heid, Michael J Loughlin, Richard Levy and Timothy J Sloan.

Who sold Wells Fargo & Company stock? Who is selling Wells Fargo & Company stock?

Wells Fargo & Company's stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Barrow Hanley Mewhinney & Strauss LLC, Dimensional Fund Advisors LP, Prudential PLC, Institutional Capital LLC, Aberdeen Asset Management PLC UK, Weitz Investment Management Inc. and Tweedy Browne Co. LLC. Company insiders that have sold Wells Fargo & Company stock in the last year include Avid Modjtabai, David M Carroll, Lloyd H Dean and Timothy J Sloan.

Who bought Wells Fargo & Company stock? Who is buying Wells Fargo & Company stock?

Wells Fargo & Company's stock was acquired by a variety of institutional investors in the last quarter, including Asset Management One Co. Ltd., FIL Ltd, AQR Capital Management LLC, Equity Investment Corp Acquisition Inc, Empire Life Investments Inc., Fred Alger Management Inc., Elkfork Partners LLC and Alyeska Investment Group L.P..

How do I buy Wells Fargo & Company stock?

Shares of Wells Fargo & Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Wells Fargo & Company stock cost?

One share of Wells Fargo & Company stock can currently be purchased for approximately $58.36.

Wells Fargo & Company (NYSE:WFC) Chart for Thursday, February, 23, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Wells Fargo & Company (NYSE:WFC)

Earnings History Chart

Earnings by Quarter for Wells Fargo & Company (NYSE:WFC)

Dividend History Chart

Dividend Payments by Quarter for Wells Fargo & Company (NYSE:WFC)

Last Updated on 2/23/2017 by MarketBeat.com Staff