Wells FargoWFC
About: Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Employees: 226,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2% less funds holding
Funds holding: 2,213 [Q2] → 2,171 (-42) [Q3]
2.22% less ownership
Funds ownership: 75.11% [Q2] → 72.9% (-2.22%) [Q3]
10% less capital invested
Capital invested by funds: $156B [Q2] → $141B (-$15.3B) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 755 | Existing positions reduced: 902
20% less funds holding in top 10
Funds holding in top 10: 75 [Q2] → 60 (-15) [Q3]
20% less first-time investments, than exits
New positions opened: 163 | Existing positions closed: 205
21% less call options, than puts
Call options by funds: $2.94B | Put options by funds: $3.72B
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Citigroup Keith Horowitz 0 / 0 met price target | 10%upside $82 | Neutral Maintained | 19 Nov 2024 |
Evercore ISI Group John Pancari 0 / 0 met price target | 3%upside $77 | Outperform Maintained | 30 Oct 2024 |
Compass Point David Rochester 100% 1-year accuracy 3 / 3 met price target | 20%downside $60 | Neutral Maintained | 15 Oct 2024 |
Phillip Securities Glenn Thum 0 / 0 met price target | 13%downside $65 | Accumulate Upgraded | 15 Oct 2024 |
Piper Sandler Scott Siefers 0 / 0 met price target | 17%downside $62 | Neutral Maintained | 14 Oct 2024 |
Financial journalist opinion
Based on 28 articles about WFC published over the past 30 days