Vodafone Group New Adr (VOD) Holder Northstar Investment Advisors Increased Position by $337,365; Delphi Management Has Trimmed Its Position in Wells Fargo And Co (WFC) as Stock Declined

August 10, 2018 - By Margaret Guttierez

Wells Fargo & Company (NYSE:WFC) Logo

Delphi Management Inc decreased its stake in Wells Fargo And Co (WFC) by 15.77% based on its latest 2018Q1 regulatory filing with the SEC. Delphi Management Inc sold 7,436 shares as the company’s stock declined 8.45% with the market. The institutional investor held 39,712 shares of the major banks company at the end of 2018Q1, valued at $2.08 million, down from 47,148 at the end of the previous reported quarter. Delphi Management Inc who had been investing in Wells Fargo And Co for a number of months, seems to be less bullish one the $281.46 billion market cap company. The stock decreased 0.54% or $0.32 during the last trading session, reaching $58.44. About 15.86M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 4.02% since August 10, 2017 and is uptrending. It has underperformed by 8.55% the S&P500. Some Historical WFC News: 07/05/2018 – Ametek at Wells Fargo Industrials Conference Tomorrow; 04/05/2018 – Caterpillar to Participate in Wells Fargo Conference on May 8; Webcast Available; 13/04/2018 – WELLS FARGO: `UNABLE TO PREDICT’ RESOLUTION OF CFPB/OCC PROBE; 05/05/2018 – BUFFETT SAYS CONSUMER PACKAGED GOODS ARE STILL A GREAT INVESTMENT IN TERMS OF RETURN ON TANGIBLE NET ASSETS; 13/04/2018 – Calamos Adds Humana, Exits Expedia, Cuts Wells Fargo: 13F; 13/04/2018 – WELLS FARGO – IN DISCUSSIONS WITH CFPB & OCC TO RESOLVE MATTERS ON CERTAIN MORTGAGE INTEREST RATE LOCK EXTENSIONS; 21/05/2018 – Flagstar Bancorp Presenting at Wells Fargo Conference May 23; 15/03/2018 – Caren Bohan: Exclusive: Wells Fargo faces sanctions for auto insurance payouts; 09/03/2018 – MATCH GROUP INC MTCH.O : WELLS FARGO CUTS TO MARKET PERFORM; RAISES TARGET PRICE TO $45 FROM $42; 20/04/2018 – WILLIAMS SAYS BANK SUPERVISION IS ABOUT MAKING SURE MANAGEMENT FOLLOWING LAWS AND REGULATIONS

Northstar Investment Advisors Llc increased its stake in Vodafone Group New Adr (VOD) by 4.99% based on its latest 2018Q1 regulatory filing with the SEC. Northstar Investment Advisors Llc bought 12,495 shares as the company’s stock declined 10.20% with the market. The institutional investor held 263,032 shares of the telecommunications equipment company at the end of 2018Q1, valued at $7.32M, up from 250,537 at the end of the previous reported quarter. Northstar Investment Advisors Llc who had been investing in Vodafone Group New Adr for a number of months, seems to be bullish on the $66.43 billion market cap company. The stock decreased 0.57% or $0.14 during the last trading session, reaching $24.23. About 3.01 million shares traded. Vodafone Group Plc (NASDAQ:VOD) has declined 12.54% since August 10, 2017 and is downtrending. It has underperformed by 25.11% the S&P500. Some Historical VOD News: 12/04/2018 – INDIA DOT ASKS VODAFONE, IDEA TO CLEAR DUES BEFORE MERGER: ET; 26/03/2018 – Daily News (EG): Vodafone tops list of telecom companies in Egypt in 2017 revenue growth; 27/04/2018 – REG-Anoto establishes new agreements with Vodafone and Welsh Ambulance; 20/04/2018 – VODAFONE COMMENTS IN EMAILED STATEMENT; 09/05/2018 – Champions league Colao takes Vodafone […]; 11/05/2018 – MOODY’S PLACES UNITYMEDIA’S RATINGS UNDER REVIEW FOR UPGRADE; 24/04/2018 – BHARTI INFRATEL LTD – BOARD OF COMBINED CO WILL COMPRISE OF 11 DIRECTORS, OF WHOM THREE WILL BE APPOINTED BY EACH OF BHARTI AIRTEL AND VODAFONE; 09/05/2018 – Vodafone Confirms Deal to Buy Some Liberty Global European Assets for Nearly $23 Billion; 13/04/2018 – UK’S OFCOM- VODAFONE LIMITED HAS BEEN ALLOCATED SPECTRUM FREQUENCIES 3410 – 3460 MHZ; 09/05/2018 – Vodafone’s $22 Billion Liberty Deal to Reshape European Telecom

Delphi Management Inc, which manages about $966.00M and $164.40 million US Long portfolio, upped its stake in Celanese Corp (NYSE:CE) by 15,144 shares to 21,535 shares, valued at $2.16M in 2018Q1, according to the filing. It also increased its holding in Statoil Hydro Asa (NYSE:STO) by 77,642 shares in the quarter, for a total of 103,012 shares, and has risen its stake in Tech Data Corp (NASDAQ:TECD).

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 18 have Buy rating, 7 Sell and 14 Hold. Therefore 46% are positive. Wells Fargo & Company had 153 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained Wells Fargo & Company (NYSE:WFC) rating on Tuesday, January 2. Robert W. Baird has “Buy” rating and $65.0 target. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, February 5. On Monday, February 5 the stock rating was downgraded by J.P. Morgan to “Sell”. Evercore maintained the stock with “Outperform” rating in Wednesday, April 19 report. The firm has “Buy” rating given on Thursday, December 7 by Vertical Group. The firm has “Buy” rating by Guggenheim given on Wednesday, July 29. The company was maintained on Thursday, January 4 by Susquehanna. Keefe Bruyette & Woods maintained Wells Fargo & Company (NYSE:WFC) rating on Wednesday, April 4. Keefe Bruyette & Woods has “Hold” rating and $5700 target. The rating was maintained by Susquehanna with “Hold” on Monday, April 23. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on October, 12. They expect $1.17 EPS, up 12.50% or $0.13 from last year’s $1.04 per share. WFC’s profit will be $5.63 billion for 12.49 P/E if the $1.17 EPS becomes a reality. After $1.08 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 8.33% EPS growth.

More important recent Wells Fargo & Company (NYSE:WFC) news were published by: Benzinga.com which released: “KBW Upgrades Wells Fargo Despite Q2 Miss, Says Valuation ‘Compelling'” on July 16, 2018, also Finance.Yahoo.com published article titled: “Is Wells Fargo Stock Worth Buying Ahead of Earnings?”, Seekingalpha.com published: “Wells Fargo: Poised For 2019 Turnaround?” on July 17, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) was released by: Benzinga.com and their article: “Why Wells Fargo Looks Ready To Breakout This Week” with publication date: July 24, 2018.

Investors sentiment decreased to 0.59 in 2018 Q1. Its down 0.16, from 0.75 in 2017Q4. It fall, as 108 investors sold WFC shares while 790 reduced holdings. 122 funds opened positions while 412 raised stakes. 3.62 billion shares or 0.62% less from 3.64 billion shares in 2017Q4 were reported. Archford Capital Strategies Llc holds 1.15% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 45,341 shares. Bandera Prtn holds 0.49% or 12,400 shares. Iowa State Bank reported 106,631 shares. Davis Capital Prns Lc reported 1.60M shares. Primecap Company Ca accumulated 18.95 million shares. Ajo LP holds 5,178 shares. Cibc World Markets has 0.26% invested in Wells Fargo & Company (NYSE:WFC). Weitz Inv Mgmt reported 1.2% stake. American Assets Invest Mgmt Limited Com accumulated 9.36% or 940,000 shares. Wellington Shields Cap Mngmt Ltd Limited Liability Company accumulated 0.03% or 4,194 shares. Jrm Investment Counsel Ltd Limited Liability Company owns 58,190 shares. Moreover, Neville Rodie & Shaw has 1.26% invested in Wells Fargo & Company (NYSE:WFC). Eubel Brady And Suttman Asset Mgmt, a Ohio-based fund reported 214,023 shares. Salem Counselors Incorporated reported 79,461 shares. Catalyst Capital Advsrs Llc invested 0.01% of its portfolio in Wells Fargo & Company (NYSE:WFC).

Since May 24, 2018, it had 0 buys, and 1 insider sale for $1.40 million activity.

Northstar Investment Advisors Llc, which manages about $492.79 million and $472.60M US Long portfolio, decreased its stake in Vanguard Short (BSV) by 85,399 shares to 4,125 shares, valued at $324,000 in 2018Q1, according to the filing. It also reduced its holding in Apple Computer Inc (NASDAQ:AAPL) by 2,562 shares in the quarter, leaving it with 19,894 shares, and cut its stake in Ishares Russell 1000 Etf (ISTB).

Among 11 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Vodafone Group PLC (ADR) had 20 analyst reports since October 19, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Macquarie Research on Monday, October 19. As per Thursday, June 1, the company rating was downgraded by Standpoint Research. The company was downgraded on Monday, November 21 by BNP Paribas. On Thursday, May 17 the stock rating was downgraded by Citigroup to “Neutral”. On Wednesday, January 25 the stock rating was downgraded by Bank of America to “Neutral”. The firm earned “Buy” rating on Wednesday, April 20 by Bank of America. The company was upgraded on Wednesday, August 9 by Bank of America. The firm earned “Accumulate” rating on Tuesday, January 3 by Standpoint Research. The company was upgraded on Friday, December 8 by Barclays Capital. The stock of Vodafone Group Plc (NASDAQ:VOD) has “Hold” rating given on Tuesday, January 17 by HSBC.

More recent Vodafone Group Plc (NASDAQ:VOD) news were published by: Seekingalpha.com which released: “Your 52 Top Yield, Upside, And Net Gain Nasdaq Stocks For July” on July 16, 2018. Also Nasdaq.com published the news titled: “Mid-Afternoon Market Update: Crude Oil Up Over 2%; RLJ Entertainment Shares Spike Higher” on July 30, 2018. Seekingalpha.com‘s news article titled: “Vodafone Group Plc (VOD) CEO Vittorio Colao on Q1 2019 Results – Earnings Call Transcript” with publication date: July 26, 2018 was also an interesting one.

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

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