Signaturefd LLC Has $1.90 Million Position in Wells Fargo & Co (WFC) – Fairfield Current
united american securities inc. d b a uas asset management now owns 73,125 shares of the financial services provider’s stock worth $4,054,000 after purchasing an additional 68,125 shares in the last quarter. In other news, EVP Avid Modjtabai sold 100,000 shares of the business’s stock in a transaction dated Friday, August 17th. Wells Fargo & Co had a return on equity of 12.69% and a net margin of 23.17%. As a group, sell-side analysts expect that Wells Fargo & Co will post 4.5 earnings per share for the current year. Keefe, Bruyette & Woods raised shares of Wells Fargo & Co from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $57.00 to $63.00 in a research note on Sunday, July 15th.