As Wells Fargo & Co (WFC) Stock Price Declined, Amica Mutual Insurance Company Decreased by $2.85 Million Its Position; Cisco Sys (CSCO) Shareholder Stelac Advisory Services Has Lifted Position

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Amica Mutual Insurance Company decreased its stake in Wells Fargo & Co (WFC) by 26.16% based on its latest 2018Q3 regulatory filing with the SEC. Amica Mutual Insurance Company sold 54,735 shares as the company’s stock declined 15.07% with the market. The institutional investor held 154,512 shares of the major banks company at the end of 2018Q3, valued at $8.12M, down from 209,247 at the end of the previous reported quarter. Amica Mutual Insurance Company who had been investing in Wells Fargo & Co for a number of months, seems to be less bullish one the $225.34 billion market cap company. The stock increased 0.25% or $0.12 during the last trading session, reaching $47.87. About 20.01 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 17.79% since January 12, 2018 and is downtrending. It has underperformed by 17.79% the S&P500. Some Historical WFC News: 20/04/2018 – CFPB SAYS $500 MILLION PENALTY COLLECTED BY U.S. OFFICE OF COMPTROLLER OF THE CURRENCY FROM WELLS FARGO IS CREDITED TOWARD SATISFACTION OF ITS FINE; 22/05/2018 – SilverBow Resources to Participate at Wells Fargo West Coast Energy Conference; 10/04/2018 – Caterpillar at Wells Fargo Industrials Conference May 8; 24/04/2018 – Wells Fargo Shareholders Elect Directors; Vote on Proposals at 2018 Annual Meeting of Shareholders; 15/03/2018 – Wells Fargo and LISC Join Forces to Fuel Economic Opportunity; 07/03/2018 – Wells Fargo CEO Details Bank’s Relationships With Firearms Industry; 30/05/2018 – WELLS FARGO CFO SAYS THAT THE BANK’S REVIEW PROCESS IS “VIRTUALLY COMPLETE” WITH RESPECT TO SALES PRACTICES ISSUES; 04/05/2018 – Wells Fargo Settles Suit Relating to ‘Misstatements and Omissions’ in Disclosures Related to Sales Practices — Bank; 12/04/2018 – Tower International at Wells Fargo Industrials Conference May 8; 06/04/2018 – ISS SUGGESTS WELLS FARGO SHAREHOLDERS TO VOTE FOR REPORT ON INCENTIVE BASED COMPENSATION AND RISKS OF MATERIAL LOSSES

Stelac Advisory Services Llc increased its stake in Cisco Sys Inc (CSCO) by 1633.96% based on its latest 2018Q3 regulatory filing with the SEC. Stelac Advisory Services Llc bought 69,966 shares as the company’s stock declined 0.45% with the market. The institutional investor held 74,248 shares of the technology company at the end of 2018Q3, valued at $3.61M, up from 4,282 at the end of the previous reported quarter. Stelac Advisory Services Llc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $195.53 billion market cap company. The stock increased 0.58% or $0.25 during the last trading session, reaching $43.49. About 17.38 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.29% since January 12, 2018 and is uptrending. It has outperformed by 25.29% the S&P500. Some Historical CSCO News: 11/05/2018 – It added that it will continue to use YouTube as a platform to share Cisco’s video content; 05/04/2018 – Cisco Talos really sounding some alarm bells here. “Some of these attacks are believed to be associated with nation-state actors, such as those described in U.S. CERT’s recent alert.”; 17/05/2018 – Cisco Slides After Forecasts Fall Short of Most Optimistic Views; 06/03/2018 – Former Head of Cisco Investment International Joins Seraphim Capital, the Leading Space Tech VC; 14/05/2018 – Nan Shan Life Adds Cisco, Cuts Xilinx: 13F; 04/04/2018 – FACTBOX-U.S. winners and losers from trade tit-for-tat; 23/05/2018 – Ukraine cyber police aware of possible new threat -police chief; 17/04/2018 – SecurView Unveils IDA 2.3 with Improved User Experience and New Features for Accelerating Cisco ISE Deployments; 15/05/2018 – Cisco presents Global Knowledge with the 2018 Learning Partner of the Year – Americas award, making Global Knowledge an eight time winner; 22/05/2018 – Lumos Data Centers Launches Suite of laaS Solutions

Amica Mutual Insurance Company, which manages about $963.74M US Long portfolio, upped its stake in Mohawk Industries Inc (NYSE:MHK) by 3,580 shares to 6,041 shares, valued at $1.06M in 2018Q3, according to the filing. It also increased its holding in Walmart Inc (NYSE:WMT) by 6,723 shares in the quarter, for a total of 54,227 shares, and has risen its stake in Wyndham Destinations Inc (NYSE:WYN).

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Seekingalpha.com which released: “Buying Season For A Wells Fargo Preferred – Seeking Alpha” on December 17, 2018, also Benzinga.com with their article: “Wells Fargo’s Valuation Discounts Regulatory Concerns, RBC Says In Upgrade (NYSE:WFC) – Benzinga” published on January 02, 2019, Fool.com published: “If Warren Buffett Loves Wells Fargo So Much, Why Is He Selling the Stock? – The Motley Fool” on December 17, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Seekingalpha.com and their article: “Wells Fargo: CAMELS Approach – Seeking Alpha” published on December 26, 2018 as well as Bizjournals.com‘s news article titled: “City of Philadelphia’s lawsuit against Wells Fargo ordered to mediation – Philadelphia Business Journal” with publication date: December 17, 2018.

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. Argus Research maintained Wells Fargo & Company (NYSE:WFC) rating on Tuesday, January 19. Argus Research has “Buy” rating and $58.0 target. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, December 12. As per Wednesday, January 2, the company rating was upgraded by RBC Capital Markets. The stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by Piper Jaffray on Friday, July 28. On Wednesday, January 10 the stock rating was upgraded by Atlantic Securities to “Neutral”. The stock of Wells Fargo & Company (NYSE:WFC) has “Sell” rating given on Monday, February 5 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 16. Sandler O’Neill maintained Wells Fargo & Company (NYSE:WFC) rating on Wednesday, April 12. Sandler O’Neill has “Hold” rating and $59 target. The stock of Wells Fargo & Company (NYSE:WFC) has “Hold” rating given on Friday, April 13 by BMO Capital Markets. Robert W. Baird upgraded the stock to “Outperform” rating in Monday, September 19 report.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on January, 15 before the open. They expect $1.19 EPS, up 22.68% or $0.22 from last year’s $0.97 per share. WFC’s profit will be $5.60 billion for 10.06 P/E if the $1.19 EPS becomes a reality. After $1.13 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 5.31% EPS growth.

Since August 7, 2018, it had 0 buys, and 1 sale for $5.87 million activity.

Investors sentiment increased to 0.78 in Q3 2018. Its up 0.06, from 0.72 in 2018Q2. It is positive, 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. Ellington Gru Ltd Liability holds 0.24% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 16,700 shares. Valmark Advisers holds 5,802 shares or 0.01% of its portfolio. Ironwood Ltd Liability Company has 3,144 shares. Moreover, Foster Dykema Cabot & Company Ma has 0.1% invested in Wells Fargo & Company (NYSE:WFC). Blair William & Communication Il stated it has 249,777 shares. Investec Asset Management Ltd invested in 196,430 shares. Susquehanna Int Gru Llp reported 7.59 million shares stake. Ontario Teachers Pension Plan Board has 4,081 shares for 0% of their portfolio. Eagle Global Advsr Ltd holds 0.28% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 171,452 shares. Interocean Lc holds 16,264 shares. Tdam Usa owns 170,200 shares for 0.6% of their portfolio. Stadion Money Mgmt Lc holds 23,131 shares or 0.04% of its portfolio. West Coast Financial Ltd Liability Corp reported 24,696 shares. Freestone Cap Lc invested in 78,534 shares or 0.03% of the stock. Baker Ellis Asset Lc accumulated 0.29% or 21,239 shares.

Since September 11, 2018, it had 0 insider purchases, and 10 sales for $27.62 million activity. WEST STEVEN M sold 25,000 shares worth $1.20 million. Another trade for 217,420 shares valued at $10.28 million was sold by Robbins Charles. $1.52M worth of stock was sold by BHATT PRAT on Friday, November 23. The insider Tan Irving sold 68,308 shares worth $3.24 million. 63,050 shares were sold by Goeckeler David, worth $3.00M. 4,373 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $196,324 were sold by CHANDLER MARK D.

Investors sentiment increased to 0.85 in 2018 Q3. Its up 0.01, from 0.84 in 2018Q2. It is positive, as 53 investors sold CSCO shares while 728 reduced holdings. 139 funds opened positions while 525 raised stakes. 3.15 billion shares or 3.12% less from 3.26 billion shares in 2018Q2 were reported. Bridges Invest Management holds 0.31% in Cisco Systems, Inc. (NASDAQ:CSCO) or 130,524 shares. Acadian Asset Mgmt Lc owns 90,820 shares. Fcg Advsr Limited Liability Com invested 0.24% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Longer Invests stated it has 58,230 shares or 2.73% of all its holdings. Berkshire Asset Mngmt Ltd Pa holds 3.66% or 889,425 shares in its portfolio. Edmp accumulated 44,784 shares or 2.05% of the stock. Nomura Asset Management Ltd reported 1.15% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Signature Finance Management has 0.13% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Cap Fund Mngmt Sa has invested 0.07% in Cisco Systems, Inc. (NASDAQ:CSCO). Lederer & Assocs Counsel Ca invested 1.82% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Centurylink Inv owns 70,413 shares for 1.22% of their portfolio. Intrepid Cap Inc has 1.66% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 88,975 shares. Gamble Jones Invest Counsel owns 252,432 shares. Gamco Investors Et Al accumulated 36,950 shares. Lpl Fincl Ltd Liability Co has invested 0.18% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Comcast Launches Xfinity xFi Advanced for Connected Devices – Nasdaq” on January 11, 2019, also Nasdaq.com with their article: “The Implied Analyst 12-Month Target For USMV – Nasdaq” published on December 18, 2018, Nasdaq.com published: “Technology Sector Update for 12/13/2018: CIEN, AAPL, QCOM, QTRH, MSFT, IBM, CSCO, GOOG – Nasdaq” on December 13, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “After Hours Most Active for Dec 18, 2018 : MSFT, CSCO, CMCSA, T, FCX, V, KEY, GPK, FE, MU, AMD, INTC – Nasdaq” published on December 18, 2018 as well as Nasdaq.com‘s news article titled: “F5 Networks Rides on Cloud & Security, Competition Rife – Nasdaq” with publication date: December 28, 2018.

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