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Wells Fargo Co New (WFC) Shareholder Leisure Capital Management Lowered Its Stake by $1.44 Million as Valuation Declined; As Facebook (FB) Stock Value Rose, Holder Firsthand Capital Management Has Decreased Stake by $2.55 Million

Firsthand Capital Management Inc decreased its stake in Facebook Inc. (FB) by 25% based on its latest 2017Q3 regulatory filing with the SEC. Firsthand Capital Management Inc sold 15,000 shares as the company’s stock rose 10.88% with the market. The institutional investor held 45,000 shares of the technology company at the end of 2017Q3, valued at $7.69M, down from 60,000 at the end of the previous reported quarter. Firsthand Capital Management Inc who had been investing in Facebook Inc. for a number of months, seems to be less bullish one the $516.83B market cap company. The stock increased 1.08% or $1.9 during the last trading session, reaching $177.91. About 23.20 million shares traded or 4.57% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 22, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Leisure Capital Management decreased its stake in Wells Fargo Co New (WFC) by 63.88% based on its latest 2017Q3 regulatory filing with the SEC. Leisure Capital Management sold 26,175 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 14,801 shares of the major banks company at the end of 2017Q3, valued at $816,000, down from 40,976 at the end of the previous reported quarter. Leisure Capital Management who had been investing in Wells Fargo Co New for a number of months, seems to be less bullish one the $292.18B market cap company. The stock decreased 0.37% or $0.22 during the last trading session, reaching $59.73. About 19.99M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 22, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

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

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It dived, 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. Nj State Employees Deferred Compensation Plan invested in 1% or 100,000 shares. Lafayette Investments accumulated 124,973 shares or 2.56% of the stock. Nationwide Fund Advisors reported 0.58% stake. Koshinski Asset Mngmt, a Illinois-based fund reported 12,208 shares. Engineers Gate Manager Lp invested 0.24% in Wells Fargo & Company (NYSE:WFC). Mufg Americas, a New York-based fund reported 626,400 shares. 53,031 are owned by Intersect Ltd. Linscomb Williams accumulated 79,969 shares. Buckingham Asset Management Ltd Liability Corp stated it has 0.42% in Wells Fargo & Company (NYSE:WFC). Montag A Assocs Inc has 63,144 shares for 0.37% of their portfolio. Union State Bank reported 10,522 shares. Price T Rowe Associates Md owns 71.04 million shares for 0.67% of their portfolio. Willingdon Wealth Mngmt holds 6,057 shares or 0.12% of its portfolio. Yorktown Management And Commerce accumulated 0.53% or 37,000 shares. Walter & Keenan Fin Consulting Com Mi Adv holds 1.18% in Wells Fargo & Company (NYSE:WFC) or 46,379 shares.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on April, 12. They expect $1.07 EPS, up 7.00% or $0.07 from last year’s $1 per share. WFC’s profit will be $5.23B for 13.96 P/E if the $1.07 EPS becomes a reality. After $0.97 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 10.31% EPS growth.

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. Vetr downgraded it to “Strong-Buy” rating and $58.72 target in Friday, August 28 report. Guggenheim downgraded Wells Fargo & Company (NYSE:WFC) on Tuesday, November 15 to “Neutral” rating. The rating was upgraded by Keefe Bruyette & Woods on Wednesday, April 5 to “Outperform”. The stock has “Neutral” rating by Atlantic Securities on Wednesday, January 10. Susquehanna maintained Wells Fargo & Company (NYSE:WFC) on Thursday, January 4 with “Hold” rating. The rating was downgraded by Rafferty on Wednesday, April 12 to “Sell”. As per Wednesday, September 21, the company rating was downgraded by JP Morgan. The company was downgraded on Monday, February 5 by RBC Capital Markets. The stock has “Neutral” rating by UBS on Friday, October 6. The company was upgraded on Tuesday, September 8 by Evercore.

Since August 24, 2017, it had 0 insider buys, and 35 insider sales for $735.05 million activity. 247,147 shares were sold by Zuckerberg Mark, worth $42.50 million. Schroepfer Michael Todd sold $4.82M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, February 15. The insider Cox Christopher K sold 16,000 shares worth $2.80 million. Shares for $109.70 million were sold by Koum Jan on Wednesday, August 30. Another trade for 55,000 shares valued at $9.75M was made by Sandberg Sheryl on Wednesday, February 14. Another trade for 5,587 shares valued at $1.05 million was made by FISCHER DAVID B. on Friday, January 26.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on May, 2. They expect $1.40 EPS, up 34.62% or $0.36 from last year’s $1.04 per share. FB’s profit will be $4.07 billion for 31.77 P/E if the $1.40 EPS becomes a reality. After $2.20 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Aegis Capital on Wednesday, November 1 with “Buy”. The firm has “Sell” rating by Pivotal Research given on Monday, July 31. The firm has “Market Outperform” rating by JMP Securities given on Thursday, November 3. The rating was maintained by Morgan Stanley on Thursday, November 5 with “Overweight”. On Tuesday, June 20 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Monday, October 16. The stock has “Focus List” rating by Bank of America on Tuesday, July 21. The company was maintained on Thursday, April 28 by Suntrust Robinson. Rosenblatt maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, July 30. Rosenblatt has “Buy” rating and $115 target. The firm has “Buy” rating given on Wednesday, October 11 by RBC Capital Markets.

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