Market News

Opus Investment Management Has Upped By $962,500 Its Wells Fargo & Company (WFC) Stake; 7 Bullish Analysts Covering Himax Technologies, Inc. (HIMX)

Opus Investment Management Inc increased Wells Fargo & Company (WFC) stake by 20.59% reported in 2017Q2 SEC filing. Opus Investment Management Inc acquired 17,500 shares as Wells Fargo & Company (WFC)’s stock declined 8.66%. The Opus Investment Management Inc holds 102,500 shares with $5.68 million value, up from 85,000 last quarter. Wells Fargo & Company now has $297.08 billion valuation. The stock increased 2.48% or $1.46 during the last trading session, reaching $60.33. About 25.04 million shares traded or 34.84% up from the average. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since December 13, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Among 12 analysts covering Himax Tech (NASDAQ:HIMX), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. Himax Tech had 45 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Rosenblatt to “Sell” on Friday, July 21. The stock has “Buy” rating by Northland Capital on Thursday, August 3. Oppenheimer downgraded Himax Technologies, Inc. (NASDAQ:HIMX) on Friday, July 14 to “Sell” rating. Oppenheimer maintained Himax Technologies, Inc. (NASDAQ:HIMX) on Friday, November 10 with “Sell” rating. The stock of Himax Technologies, Inc. (NASDAQ:HIMX) has “Buy” rating given on Friday, August 4 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, February 23 by Craig Hallum. The stock of Himax Technologies, Inc. (NASDAQ:HIMX) has “Outperform” rating given on Friday, November 10 by Robert W. Baird. The firm has “Buy” rating by Robert W. Baird given on Wednesday, August 30. The firm has “Sell” rating by Oppenheimer given on Friday, August 4. As per Wednesday, January 18, the company rating was downgraded by Credit Suisse. See Himax Technologies, Inc. (NASDAQ:HIMX) latest ratings:

05/12/2017 Broker: Northland Capital Rating: Buy New Target: $18.0 Maintain
29/11/2017 Broker: Roth Capital Rating: Buy New Target: $15.0 Maintain
27/11/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
10/11/2017 Broker: Roth Capital Rating: Buy New Target: $12.0 Maintain
10/11/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $10 New Target: $11 Maintain
10/11/2017 Broker: Oppenheimer Rating: Sell New Target: $4.0 Maintain
20/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $10.0 Maintain
11/10/2017 Broker: Inc. – American depositary shares Rating: Each Of Which Represents Two Ordinary Shares. Old Target: $Buy;Neutral
28/09/2017 Broker: Lake Street Rating: Buy New Target: $13.0 Upgrade
28/09/2017 Broker: Inc. – American depositary shares Rating: Each Of Which Represents Two Ordinary Shares. Old Target: $Hold;Buy

Opus Investment Management Inc decreased Abbvie Inc. (NYSE:ABBV) stake by 5,000 shares to 96,700 valued at $7.01M in 2017Q2. It also reduced Portland General Electric Co. (NYSE:POR) stake by 10,000 shares and now owns 108,600 shares. Southern Co. (NYSE:SO) was reduced too.

Among 33 analysts covering Wells Fargo & Company (NYSE:WFC), 14 have Buy rating, 5 Sell and 14 Hold. Therefore 42% are positive. Wells Fargo & Company had 104 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Piper Jaffray on Tuesday, April 11. As per Thursday, September 28, the company rating was maintained by Nomura. BMO Capital Markets maintained it with “Hold” rating and $4900 target in Sunday, July 30 report. Jefferies downgraded the shares of WFC in report on Monday, November 28 to “Hold” rating. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 6 report. The rating was maintained by FBR Capital with “Outperform” on Tuesday, September 27. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Buy” rating on Thursday, June 22 by Keefe Bruyette & Woods. The rating was upgraded by Vertical Group on Thursday, December 7 to “Buy”. The firm has “Neutral” rating by Piper Jaffray given on Tuesday, November 24.

Investors sentiment decreased to 0.73 in Q2 2017. Its down 0.15, from 0.88 in 2017Q1. It dropped, as 85 investors sold WFC shares while 685 reduced holdings. 110 funds opened positions while 566 raised stakes. 3.66 billion shares or 1.73% less from 3.73 billion shares in 2017Q1 were reported. Shine Investment Advisory Services has 0.11% invested in Wells Fargo & Company (NYSE:WFC) for 3,821 shares. Point72 Asia (Hong Kong) Limited reported 0.83% in Wells Fargo & Company (NYSE:WFC). Liberty holds 0.52% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 15,570 shares. Johnson Counsel invested in 129,700 shares or 0.2% of the stock. 140,742 were reported by First National Com. Norman Fields Gottscho Capital Management Limited Liability Company holds 0.14% or 4,175 shares. Palo Cap Inc accumulated 42,571 shares. 265,899 were accumulated by Torray Limited Liability. Hl Fincl Svcs Limited Liability Company has invested 2.43% of its portfolio in Wells Fargo & Company (NYSE:WFC). Shamrock Asset Management Ltd Liability invested in 0.36% or 10,546 shares. First Dallas Secs accumulated 16,665 shares. Missouri-based Argent Cap Management Ltd Limited Liability Company has invested 0.75% in Wells Fargo & Company (NYSE:WFC). Japan-based Sumitomo Mitsui Asset Management Co has invested 0.61% in Wells Fargo & Company (NYSE:WFC). 6,370 are held by Burns J W And Inc. Aull And Monroe Investment accumulated 21,569 shares.

The stock increased 0.55% or $0.06 during the last trading session, reaching $10.92. About 3.85M shares traded. Himax Technologies, Inc. (NASDAQ:HIMX) has declined 20.28% since December 13, 2016 and is downtrending. It has underperformed by 36.98% the S&P500.

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.


Leave a Reply

Your email address will not be published. Required fields are marked *