Benin Management Has Lifted Holding in Apple (AAPL); Welch Group Has Lowered Stake in Wells Fargo & Co New (WFC) by $654,264

Wells Fargo & Company (NYSE:WFC) Logo

Welch Group Llc decreased its stake in Wells Fargo & Co New (WFC) by 73.65% based on its latest 2018Q3 regulatory filing with the SEC. Welch Group Llc sold 12,582 shares as the company’s stock declined 15.07% with the market. The institutional investor held 4,501 shares of the major banks company at the end of 2018Q3, valued at $237,000, down from 17,083 at the end of the previous reported quarter. Welch Group Llc who had been investing in Wells Fargo & Co New for a number of months, seems to be less bullish one the $222.19 billion market cap company. The stock decreased 1.06% or $0.52 during the last trading session, reaching $48.5. About 7.37M shares traded. Wells Fargo & Company (NYSE:WFC) has declined 17.79% since February 14, 2018 and is downtrending. It has underperformed by 17.79% the S&P500. Some Historical WFC News: 24/04/2018 – Wells Fargo Directors Win Easily Despite Criticisms; 12/04/2018 – @verrone_chris says that as big bank earnings kick off tomorrow, $JPM and $WFC are the names to buy right now; 08/05/2018 – Packaging Corp at Wells Fargo Industrials Conference Tomorrow; 17/05/2018 – Fitch Assigns Final Ratings to Wells Fargo Commercial Mortgage Trust 2018-C44; 24/04/2018 – WELLS FARGO CONCLUDES ANNUAL MEETING; 05/05/2018 – MUNGER SAYS THE CONDITIONS IN STEEL WERE ADVERSE TO U.S. INDUSTRY; SAYS EVEN U.S. PRESIDENT DONALD TRUMP CAN BE RIGHT ON SOME THINGS; 12/04/2018 – CANADIAN NATURAL RESOURCES LTD CNQ.TO : WELLS FARGO RAISES TARGET PRICE TO C$44 FROM C$43; 10/05/2018 – Wells Fargo CEO Sloan Says Bank Expects to Manage Under Fed Asset Cap for First Part of 2019; 22/03/2018 – WELLS FARGO NAMES KAVOUR,LLODRA MORTGAGE FINANCE GROUP CO-HEADS; 13/04/2018 – WELLS FARGO & CO WFC.N HAS NO PLANS TO STOP LENDING TO GUNMAKERS, SAYS CHIEF FINANCIAL OFFICER

Benin Management Corp increased its stake in Apple Inc (AAPL) by 7.96% based on its latest 2018Q3 regulatory filing with the SEC. Benin Management Corp bought 2,683 shares as the company’s stock declined 22.32% with the market. The institutional investor held 36,400 shares of the computer manufacturing company at the end of 2018Q3, valued at $8.22M, up from 33,717 at the end of the previous reported quarter. Benin Management Corp who had been investing in Apple Inc for a number of months, seems to be bullish on the $807.07B market cap company. The stock increased 0.58% or $0.98 during the last trading session, reaching $171.16. About 12.32M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 0.17% since February 14, 2018 and is uptrending. It has outperformed by 0.17% the S&P500. Some Historical AAPL News: 20/03/2018 – ‘Ambitious’ Apple Store Put Up For Sale by Chicago Landlord; 10/04/2018 – Brew City Royalties: Nvidia is a buy according to Bank of America, Apple reportedly dives deeper into augmented realit; 09/05/2018 – Techmeme: Sources: Apple plans to starting letting users buy subscriptions to some 3rd-party video services in its TV app,; 07/05/2018 – APPLE SAYS IN ITS ORDER, COURT ALSO APPROVED FORM OF NOTICE OF SETTLEMENT, SET HEARING DATE OF JULY 20 – SEC FILING; 04/05/2018 – Apple became the biggest shipper of wearables in 2017, owning 21 percent of market share, according to IDC; 01/05/2018 – Apple suppliers popping after-hours following the tech giant’s strong earnings report; 01/05/2018 – Apple Raises Dividend to 73c; 27/04/2018 – Apple earnings are a highlight in action-packed week that includes Fed meeting, jobs report; 27/03/2018 – China’s Huawei makes Europe platform to take on Samsung and Apple; 01/05/2018 – IPhone Slowdown, Share Buybacks: Watch to Watch in Apple Results

Investors sentiment decreased to 0.67 in Q3 2018. Its down 0.04, from 0.71 in 2018Q2. It fall, as 54 investors sold AAPL shares while 1030 reduced holdings. 151 funds opened positions while 577 raised stakes. 2.68 billion shares or 3.22% less from 2.77 billion shares in 2018Q2 were reported. Noven Gp has 3,788 shares. Armstrong Henry H Associate reported 19,627 shares. National Mutual Federation Of Agricultural Cooperatives holds 49,200 shares or 0.14% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1.65M shares or 3.15% of its portfolio. Rbo And Company Ltd Limited Liability Company stated it has 3.1% of its portfolio in Apple Inc. (NASDAQ:AAPL). Origin Asset Llp stated it has 248,130 shares or 3.65% of all its holdings. Thomas White International has 8,534 shares for 0.32% of their portfolio. Karp Mngmt invested 1.45% of its portfolio in Apple Inc. (NASDAQ:AAPL). Boothbay Fund Mgmt Ltd Llc invested 0.37% in Apple Inc. (NASDAQ:AAPL). Moreover, Filament Ltd Liability has 0.07% invested in Apple Inc. (NASDAQ:AAPL) for 935 shares. Santa Barbara Asset Mngmt Ltd Limited Liability Company accumulated 1.55 million shares. Calamos Wealth Mngmt Limited Liability holds 4.46% or 158,671 shares in its portfolio. Hamel Assoc Inc reported 46,492 shares. Bancorporation Hapoalim Bm holds 2% or 36,350 shares. Tirschwell And Loewy holds 2,777 shares.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Technology Sector Update for 01/30/2019: MKSI,AAPL,MLNX,JNPR – Nasdaq” on January 30, 2019, also with their article: “Apple Inc. (NASDAQ:AAPL), Bank of America Corporation (NYSE:BAC) – Market Has A Lot To Digest Amid Brexit News, China Stimulus, Bank Earnings – Benzinga” published on January 16, 2019, Seekingalpha.com published: “How Can Apple Regain Investors’ Trust? – Seeking Alpha” on January 22, 2019. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Is Now The Time to Buy AAPL at a Discount? – Nasdaq” published on January 23, 2019 as well as Nasdaq.com‘s news article titled: “Wednesday Apple Rumors: Apple Self-Driving Car Earns Low DMV Rank – Nasdaq” with publication date: February 13, 2019.

Among 58 analysts covering Apple Inc. (NASDAQ:AAPL), 31 have Buy rating, 1 Sell and 26 Hold. Therefore 53% are positive. Apple Inc. had 477 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, November 8 the stock rating was maintained by Morgan Stanley with “Overweight”. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, August 11 with “Outperform” rating. The rating was maintained by FBR Capital with “Outperform” on Friday, February 12. The stock has “Overweight” rating by Piper Jaffray on Wednesday, April 27. Credit Suisse maintained the shares of AAPL in report on Wednesday, October 26 with “Outperform” rating. The stock of Apple Inc. (NASDAQ:AAPL) earned “Outperform” rating by Robert W. Baird on Friday, November 3. Zacks downgraded Apple Inc. (NASDAQ:AAPL) on Monday, August 17 to “Buy” rating. On Thursday, December 6 the stock rating was maintained by Rosenblatt with “Neutral”. The rating was maintained by Bernstein on Monday, June 12 with “Buy”. On Friday, September 11 the stock rating was maintained by Oppenheimer with “Outperform”.

Since November 19, 2018, it had 0 insider purchases, and 2 sales for $902,607 activity. $255,087 worth of stock was sold by LEVINSON ARTHUR D on Friday, February 1.

Investors sentiment increased to 0.78 in Q3 2018. Its up 0.06, from 0.72 in 2018Q2. It increased, as 55 investors sold WFC shares while 664 reduced holdings. 126 funds opened positions while 432 raised stakes. 3.46 billion shares or 3.93% less from 3.60 billion shares in 2018Q2 were reported. American Registered Invest Advisor Incorporated accumulated 25,958 shares or 0.72% of the stock. Ledyard Bank & Trust holds 0.12% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 19,377 shares. Arrowmark Colorado Ltd Liability Corp reported 0.08% in Wells Fargo & Company (NYSE:WFC). New York-based Williams Jones & Lc has invested 0.07% in Wells Fargo & Company (NYSE:WFC). Capwealth Advsr reported 13,550 shares. Stadion Money Mgmt Ltd Co invested 0.04% in Wells Fargo & Company (NYSE:WFC). Ejf Cap Llc owns 6,000 shares or 0.02% of their US portfolio. Carroll Fincl Assocs reported 55,053 shares stake. Maltese Capital Management Ltd Company reported 50,000 shares stake. Btim Corporation holds 0.02% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 22,713 shares. Miller Inv Ltd Partnership reported 37,763 shares. Optimum Inv Advsrs has 0.16% invested in Wells Fargo & Company (NYSE:WFC). 366,690 were reported by Cambridge Inv Research. France-based Bnp Paribas Asset Mngmt Holdg has invested 0.05% in Wells Fargo & Company (NYSE:WFC). Argent Mgmt Ltd Co holds 0.65% or 360,034 shares in its portfolio.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 18 have Buy rating, 6 Sell and 15 Hold. Therefore 46% are positive. Wells Fargo & Company had 159 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Wednesday, April 4 with “Hold”. JP Morgan upgraded Wells Fargo & Company (NYSE:WFC) on Friday, October 9 to “Overweight” rating. The firm has “Hold” rating given on Friday, October 6 by BMO Capital Markets. On Tuesday, January 19 the stock rating was maintained by Argus Research with “Buy”. The rating was upgraded by UBS on Monday, October 10 to “Neutral”. Morgan Stanley maintained the shares of WFC in report on Monday, July 16 with “Equal-Weight” rating. Keefe Bruyette & Woods upgraded Wells Fargo & Company (NYSE:WFC) on Monday, April 30 to “Buy” rating. Evercore maintained it with “Outperform” rating and $64 target in Wednesday, April 19 report. Vetr upgraded it to “Strong-Buy” rating and $57.65 target in Wednesday, September 2 report. As per Wednesday, April 26, the company rating was upgraded by Guggenheim.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Seekingalpha.com which released: “Wells Fargo: A Great Strategy For Making 5.2% In Just Six Months – Seeking Alpha” on December 17, 2018, also Seekingalpha.com with their article: “Wells Fargo: Catalysts To Propel Higher – Seeking Alpha” published on October 16, 2018, Seekingalpha.com published: “Wells Fargo: Value And Longevity – Seeking Alpha” on May 21, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: 247Wallst.com and their article: “Is Bank of America Picking Up Where Wells Fargo Let Down? – 24/7 Wall St.” published on January 16, 2019 as well as Marketwatch.com‘s news article titled: “Why mortgage lending at Wells Fargo, Chase and Citi plunged – MarketWatch” with publication date: January 19, 2019.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.