Trending Stock News

Pacifica Capital Investments Cut Its Wells Fargo & Co (WFC) Holding by $378,785; Market Valuation Declined; Cue Financial Group Boosted Realty Income (O) Position

Cue Financial Group Inc increased its stake in Realty Income Corp (O) by 52.1% based on its latest 2017Q3 regulatory filing with the SEC. Cue Financial Group Inc bought 6,419 shares as the company’s stock declined 10.86% while stock markets rallied. The institutional investor held 18,739 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.07 million, up from 12,320 at the end of the previous reported quarter. Cue Financial Group Inc who had been investing in Realty Income Corp for a number of months, seems to be bullish on the $14.10 billion market cap company. The stock increased 1.38% or $0.68 during the last trading session, reaching $49.96. About 2.91M shares traded or 34.48% up from the average. Realty Income Corporation (NYSE:O) has declined 8.21% since February 19, 2017 and is downtrending. It has underperformed by 24.91% the S&P500.

Steve Leonard decreased its stake in Wells Fargo & Co (WFC) by 10.73% based on its latest 2017Q3 regulatory filing with the SEC. Pacifica Capital Investments Llc sold 6,887 shares as the company’s stock declined 8.66% while stock markets rallied. The hedge fund run by Steve Leonard held 57,324 shares of the major banks company at the end of 2017Q3, valued at $3.16 million, down from 64,211 at the end of the previous reported quarter. Pacifica Capital Investments Llc who had been investing in Wells Fargo & Co for a number of months, seems to be less bullish one the $293.25 billion market cap company. The stock decreased 0.12% or $0.07 during the last trading session, reaching $59.95. About 18.66 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 19, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 15 have Buy rating, 8 Sell and 16 Hold. Therefore 38% are positive. Wells Fargo & Company had 131 analyst reports since July 29, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of WFC in report on Friday, July 14 with “Sell” rating. The rating was downgraded by Credit Suisse on Thursday, February 16 to “Neutral”. The firm earned “Buy” rating on Monday, April 25 by Nomura. On Monday, February 5 the stock rating was downgraded by JP Morgan to “Underweight”. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Wednesday, April 5. The stock has “Buy” rating by RBC Capital Markets on Wednesday, August 30. The stock of Wells Fargo & Company (NYSE:WFC) has “Outperform” rating given on Monday, September 19 by Robert W. Baird. On Wednesday, January 18 the stock rating was downgraded by Argus Research to “Hold”. Citigroup downgraded the shares of WFC in report on Monday, February 5 to “Hold” rating. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Thursday, September 28 by Nomura.

Since November 17, 2017, it had 0 insider buys, and 1 insider sale for $292,234 activity.

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.15, from 0.88 in 2017Q2. It is negative, as 92 investors sold WFC shares while 725 reduced holdings. 103 funds opened positions while 495 raised stakes. 3.65 billion shares or 0.40% less from 3.66 billion shares in 2017Q2 were reported. Culbertson A N Inc holds 121,488 shares. Retirement Of Alabama reported 2.63 million shares or 0.76% of all its holdings. Monarch Cap Mgmt reported 59,090 shares. Capital Inv Advisors owns 108,925 shares. Sheets Smith Wealth reported 0.45% stake. Cibc Ww Markets stated it has 473,777 shares or 0.13% of all its holdings. Parnassus Invests Ca holds 3.45% or 15.28 million shares. Moreover, Riverpoint Cap Management Llc has 0.47% invested in Wells Fargo & Company (NYSE:WFC) for 132,632 shares. 1,112 are held by American Beacon Advsrs. Polar Ltd Liability Partnership has invested 0.71% in Wells Fargo & Company (NYSE:WFC). 169,213 are held by Alpha Cubed Ltd Company. Sei accumulated 1.86M shares or 0.36% of the stock. Mackenzie has invested 1.35% in Wells Fargo & Company (NYSE:WFC). Hikari Pwr holds 1.54M shares or 11.01% of its portfolio. Thompson Siegel & Walmsley Limited Liability Company reported 7,548 shares or 0% of all its holdings.

Since September 19, 2017, it had 0 insider buys, and 1 sale for $188,320 activity.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.01, from 1.26 in 2017Q2. It improved, as 38 investors sold O shares while 149 reduced holdings. 52 funds opened positions while 186 raised stakes. 193.75 million shares or 4.42% more from 185.55 million shares in 2017Q2 were reported. Private Harbour Management Counsel has invested 0.45% in Realty Income Corporation (NYSE:O). 262,173 are held by National Pension Ser. Wellington Mgmt Grp Llp holds 9,539 shares or 0% of its portfolio. 701,110 were reported by Raymond James And Associates. Hanson Mcclain Inc has 0.02% invested in Realty Income Corporation (NYSE:O). Wealthtrust holds 0.04% of its portfolio in Realty Income Corporation (NYSE:O) for 1,510 shares. Anchor Cap Advsr Ltd Com holds 0.02% or 7,775 shares. 43,014 were reported by Calamos Llc. Great West Life Assurance Communications Can owns 227,247 shares or 0.03% of their US portfolio. Private Co Na has 0.07% invested in Realty Income Corporation (NYSE:O) for 6,004 shares. Goldman Sachs Group, a New York-based fund reported 1.58 million shares. Cue Gru Inc invested in 0.74% or 18,739 shares. Hartford Financial Mgmt Inc reported 0.02% stake. Bankshares Of Hawaii has 20,346 shares for 0.1% of their portfolio. Ibm Retirement Fund stated it has 0.04% in Realty Income Corporation (NYSE:O).

Among 16 analysts covering Realty Income (NYSE:O), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Realty Income had 33 analyst reports since July 23, 2015 according to SRatingsIntel. Wunderlich initiated it with “Hold” rating and $47.50 target in Tuesday, October 27 report. The company was maintained on Thursday, October 26 by Ladenburg. On Thursday, August 25 the stock rating was initiated by BTIG Research with “Neutral”. The firm has “Hold” rating given on Tuesday, September 22 by Zacks. The rating was maintained by FBR Capital with “Hold” on Monday, December 4. The stock of Realty Income Corporation (NYSE:O) has “Neutral” rating given on Thursday, July 23 by DA Davidson. As per Monday, February 5, the company rating was maintained by RBC Capital Markets. The stock of Realty Income Corporation (NYSE:O) earned “Buy” rating by Stifel Nicolaus on Tuesday, September 8. The stock of Realty Income Corporation (NYSE:O) earned “Buy” rating by Stifel Nicolaus on Wednesday, September 27. Morgan Stanley maintained the shares of O in report on Monday, July 17 with “Overweight” rating.

Leave a Reply

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