Pioneer Investment Management Stake in Albany International Corp. (AIN) Has Increased as Share Price Declined; Shayne & Co Holds Stake in Wells Fargo Co New (WFC)

February 11, 2018 - By Vivian Park

Shayne & Co increased its stake in Wells Fargo Co New (WFC) by 347.01% based on its latest 2017Q3 regulatory filing with the SEC. Shayne & Co bought 12,600 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 16,231 shares of the major banks company at the end of 2017Q3, valued at $895,000, up from 3,631 at the end of the previous reported quarter. Shayne & Co who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $274.57B market cap company. The stock increased 1.32% or $0.73 during the last trading session, reaching $56.13. About 48.90M shares traded or 115.67% up from the average. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 11, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Pioneer Investment Management Inc increased its stake in Albany International Corp. (AIN) by 4.26% based on its latest 2017Q3 regulatory filing with the SEC. Pioneer Investment Management Inc bought 13,020 shares as the company’s stock declined 1.69% while stock markets rallied. The institutional investor held 318,985 shares of the textiles company at the end of 2017Q3, valued at $18.31M, up from 305,965 at the end of the previous reported quarter. Pioneer Investment Management Inc who had been investing in Albany International Corp. for a number of months, seems to be bullish on the $2.02B market cap company. The stock increased 0.64% or $0.4 during the last trading session, reaching $62.85. About 190,601 shares traded or 57.59% up from the average. Albany International Corp. (NYSE:AIN) has risen 20.57% since February 11, 2017 and is uptrending. It has outperformed by 3.87% the S&P500.

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

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.15, from 0.88 in 2017Q2. It dropped, 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. Hutchinson Mgmt Ca owns 375,915 shares or 5.59% of their US portfolio. Park Presidio Ltd Liability owns 1.05M shares. Massachusetts-based Rhumbline Advisers has invested 0.94% in Wells Fargo & Company (NYSE:WFC). Point72 Asset Mgmt Lp stated it has 228,900 shares or 0.06% of all its holdings. Cohen Lawrence B invested 0.89% of its portfolio in Wells Fargo & Company (NYSE:WFC). Edgemoor Inv Advisors Inc holds 14,334 shares or 0.11% of its portfolio. Hengehold Management reported 0.63% in Wells Fargo & Company (NYSE:WFC). Bush Odonnell Investment, a Missouri-based fund reported 105,500 shares. 5,537 were reported by Fin Advisory Grp. Greenwood Gearhart Inc has 92,277 shares. Alpha Cubed Limited Com has 1.4% invested in Wells Fargo & Company (NYSE:WFC) for 169,213 shares. Schmidt P J Inv Mgmt stated it has 0.86% of its portfolio in Wells Fargo & Company (NYSE:WFC). Barton Inv holds 0.11% or 8,420 shares. Davenport & Com Ltd Liability Corporation stated it has 0.68% of its portfolio in Wells Fargo & Company (NYSE:WFC). Boys Arnold & Commerce holds 0.3% or 33,618 shares in its portfolio.

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 130 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Overweight” on Friday, February 2. The firm has “Hold” rating given on Wednesday, January 18 by Argus Research. The rating was maintained by UBS on Thursday, September 15 with “Sell”. The rating was maintained by Keefe Bruyette & Woods on Thursday, September 28 with “Buy”. As per Tuesday, June 6, the company rating was maintained by Jefferies. The stock of Wells Fargo & Company (NYSE:WFC) earned “Neutral” rating by Guggenheim on Tuesday, November 15. As per Wednesday, April 19, the company rating was maintained by Evercore. Jefferies maintained the stock with “Hold” rating in Friday, July 7 report. On Tuesday, August 8 the stock rating was maintained by Raymond James with “Sell”. The firm earned “Neutral” rating on Tuesday, November 24 by Piper Jaffray.

Investors sentiment decreased to 1.22 in Q3 2017. Its down 0.53, from 1.75 in 2017Q2. It is negative, as 12 investors sold AIN shares while 52 reduced holdings. 20 funds opened positions while 58 raised stakes. 28.94 million shares or 0.26% less from 29.02 million shares in 2017Q2 were reported. Mesirow Invest Management reported 1.53% stake. Paradigm Mgmt holds 0.05% of its portfolio in Albany International Corp. (NYSE:AIN) for 10,000 shares. Cubist Systematic Strategies Limited Liability Company, Connecticut-based fund reported 3,522 shares. Kennedy has invested 0.25% in Albany International Corp. (NYSE:AIN). Public Employees Retirement System Of Ohio has invested 0% in Albany International Corp. (NYSE:AIN). Vaughan Nelson LP stated it has 0.36% of its portfolio in Albany International Corp. (NYSE:AIN). Us Commercial Bank De owns 878 shares. Renaissance Techs owns 734,500 shares. D E Shaw & Com Inc holds 53,080 shares. Amalgamated National Bank holds 0.01% of its portfolio in Albany International Corp. (NYSE:AIN) for 3,925 shares. Bw Gestao De Investimentos Ltda holds 0.27% in Albany International Corp. (NYSE:AIN) or 22,908 shares. Cortina Asset Lc holds 0.25% or 105,547 shares. Ny State Common Retirement Fund has 391,431 shares. Hudson Bay Cap Management LP has invested 0.14% in Albany International Corp. (NYSE:AIN). Pinnacle Associate reported 4,175 shares.

Among 3 analysts covering Albany Intl (NYSE:AIN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Albany Intl had 4 analyst reports since October 29, 2015 according to SRatingsIntel. The rating was maintained by Macquarie Research with “Outperform” on Wednesday, December 9. The company was initiated on Thursday, October 29 by Macquarie Research. The company was downgraded on Friday, December 16 by Sidoti.

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