Oxbow Advisors Has Raised Wells Fargo & Co (WFC) Holding By $852,170; Profile of 11 Analysts Covering Olin (OLN)

February 22, 2018 - By Vivian Park

Oxbow Advisors Llc increased Wells Fargo & Co (WFC) stake by 57.14% reported in 2017Q3 SEC filing. Oxbow Advisors Llc acquired 15,494 shares as Wells Fargo & Co (WFC)’s stock declined 8.66%. The Oxbow Advisors Llc holds 42,609 shares with $2.35 million value, up from 27,115 last quarter. Wells Fargo & Co now has $292.18 billion valuation. The stock decreased 0.37% or $0.22 during the last trading session, reaching $59.73. About 19.99 million 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.

Among 14 analysts covering Olin Corporation (NYSE:OLN), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Olin Corporation had 46 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, September 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating given on Tuesday, June 20 by RBC Capital Markets. Longbow upgraded the stock to “Neutral” rating in Thursday, February 2 report. The firm earned “Outperform” rating on Friday, July 29 by Cowen & Co. The firm has “Outperform” rating by Cowen & Co given on Tuesday, June 28. The firm has “Outperform” rating by RBC Capital Markets given on Monday, June 13. The company was upgraded on Thursday, August 6 by Susquehanna. Cowen & Co maintained the shares of OLN in report on Friday, February 9 with “Buy” rating. Vertical Research upgraded the shares of OLN in report on Wednesday, January 3 to “Buy” rating. The rating was maintained by Cowen & Co with “Market Perform” on Monday, September 21. See Olin Corporation (NYSE:OLN) latest ratings:

12/02/2018 Broker: SunTrust Rating: Buy New Target: $43.0 Maintain
12/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $45 New Target: $41 Maintain
09/02/2018 Broker: Cowen & Co Rating: Buy New Target: $41.0 Maintain
08/02/2018 Broker: Susquehanna Rating: Buy New Target: $39.0 Maintain
08/02/2018 Broker: Nomura Old Rating: Buy New Rating: Buy Old Target: $43 New Target: $40 Maintain
25/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $43.0 Maintain
10/01/2018 Broker: Nomura Rating: Buy
09/01/2018 Broker: Morgan Stanley Rating: Overweight New Target: $45 Initiates Coverage On
03/01/2018 Broker: Vertical Research Rating: Buy Upgrade
13/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $42.0 Maintain

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.12, from 1.07 in 2017Q2. It worsened, as 33 investors sold Olin Corporation shares while 95 reduced holdings. 42 funds opened positions while 79 raised stakes. 147.38 million shares or 2.64% less from 151.38 million shares in 2017Q2 were reported. Old Mutual Customised Solutions (Proprietary) Limited has 3,600 shares for 0.02% of their portfolio. Nationwide Fund Advsrs has 292,000 shares for 0.04% of their portfolio. Iridian Asset Mgmt Ltd Ct stated it has 7.37M shares. 4,172 were reported by Smithfield Com. Eaton Vance holds 0.02% or 274,309 shares in its portfolio. Heartland Advsr has invested 0.01% in Olin Corporation (NYSE:OLN). Gotham Asset accumulated 9,266 shares. Jane Street Gp Limited Com invested in 38,124 shares. Manufacturers Life The holds 244,359 shares or 0.01% of its portfolio. 22,554 are owned by Loomis Sayles Company Lp. Advisory Serv Network has invested 0.01% in Olin Corporation (NYSE:OLN). 20,944 are held by Advantus Capital Mngmt Inc. 20 are held by Winfield Associate. Paloma Partners Co accumulated 6,222 shares. Bb&T Lc reported 0% in Olin Corporation (NYSE:OLN).

Since February 12, 2018, it had 3 insider purchases, and 0 insider sales for $431,504 activity. LARRIMORE RANDALL W had bought 800 shares worth $25,024. BOGUS DONALD W bought $198,397 worth of stock or 6,000 shares. $208,083 worth of stock was bought by Shipp Earl L on Tuesday, February 13.

Olin Corporation manufactures and distributes chemical products in the United States and internationally. The company has market cap of $5.55 billion. It operates through three divisions: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. It has a 10.19 P/E ratio. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide.

The stock increased 0.51% or $0.17 during the last trading session, reaching $33.22. About 1.44 million shares traded. Olin Corporation (NYSE:OLN) has risen 51.90% since February 22, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

Oxbow Advisors Llc decreased 3M Company (NYSE:MMM) stake by 6,050 shares to 14,881 valued at $3.12M in 2017Q3. It also reduced Bank Of America Corp Wts Exp stake by 44,360 shares and now owns 281,630 shares. Bitcoin Invt Tr was reduced too.

Since November 17, 2017, it had 0 insider purchases, and 1 sale for $292,234 activity. Codel Franklin R sold $292,234 worth of stock or 5,393 shares.

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.15, from 0.88 in 2017Q2. It is negative, 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. Oklahoma-based Asset Mgmt Advsrs Ltd Llc has invested 4.14% in Wells Fargo & Company (NYSE:WFC). Sigma Counselors reported 0.04% stake. Beaconlight Cap Ltd Liability Company invested in 3.26% or 111,850 shares. Hermes invested in 0.63% or 765,098 shares. Guggenheim Cap Ltd has invested 0.2% of its portfolio in Wells Fargo & Company (NYSE:WFC). Twin Cap Mgmt, Pennsylvania-based fund reported 250,940 shares. Franklin Street Advisors Nc holds 23,880 shares or 0.22% of its portfolio. Peak Asset Management Limited Liability Company holds 2.02% or 102,427 shares in its portfolio. Wesbanco Bancorp has 407,071 shares for 1.17% of their portfolio. California-based Hollencrest Ltd Liability Com has invested 0.08% in Wells Fargo & Company (NYSE:WFC). 1 are held by Maplelane Cap Ltd. Nexus Invest Mngmt Inc holds 0.26% or 29,900 shares. Verity & Verity Lc accumulated 154,320 shares. Strs Ohio has invested 0.86% in Wells Fargo & Company (NYSE:WFC). Tompkins Corporation owns 5,212 shares for 0.07% of their 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 131 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Thursday, December 21 by Buckingham Research. The firm has “Sell” rating given on Tuesday, August 8 by Raymond James. Evercore maintained it with “Outperform” rating and $64 target in Wednesday, April 19 report. The rating was maintained by Susquehanna on Thursday, January 4 with “Hold”. The firm earned “Buy” rating on Tuesday, September 8 by Deutsche Bank. The rating was maintained by Bank of America on Monday, February 5 with “Buy”. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, September 28. The firm has “Sell” rating by BMO Capital Markets given on Wednesday, May 31. The stock of Wells Fargo & Company (NYSE:WFC) earned “Neutral” rating by Guggenheim on Wednesday, April 26. The rating was downgraded by Keefe Bruyette & Woods on Monday, February 5 to “Hold”.

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