Lowes Cos Com (LOW) Shareholder M Holdings Securities Has Lowered Holding; As Wells Fargo & Co New (WFC) Stock Declined, Hl Financial Services Has Decreased Its Holding by $1.82 Million

April 23, 2018 - By Pete Kolinski

Wells Fargo & Company (NYSE:WFC) Logo

M Holdings Securities Inc decreased its stake in Lowes Cos Inc Com (LOW) by 40.84% based on its latest 2017Q4 regulatory filing with the SEC. M Holdings Securities Inc sold 6,034 shares as the company’s stock declined 5.74% with the market. The institutional investor held 8,740 shares of the consumer services company at the end of 2017Q4, valued at $812,000, down from 14,774 at the end of the previous reported quarter. M Holdings Securities Inc who had been investing in Lowes Cos Inc Com for a number of months, seems to be less bullish one the $69.47 billion market cap company. The stock increased 0.60% or $0.505 during the last trading session, reaching $84.125. About 3.85M shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since April 23, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Hl Financial Services Llc decreased its stake in Wells Fargo & Co New (WFC) by 1.38% based on its latest 2017Q4 regulatory filing with the SEC. Hl Financial Services Llc sold 30,322 shares as the company’s stock declined 16.98% with the market. The institutional investor held 2.16 million shares of the major banks company at the end of 2017Q4, valued at $131.25 million, down from 2.19 million at the end of the previous reported quarter. Hl Financial Services Llc who had been investing in Wells Fargo & Co New for a number of months, seems to be less bullish one the $256.37B market cap company. The stock increased 0.08% or $0.0415 during the last trading session, reaching $52.6015. About 11.45 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since April 23, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on July, 13. They expect $1.17 earnings per share, up 9.35% or $0.10 from last year’s $1.07 per share. WFC’s profit will be $5.70B for 11.24 P/E if the $1.17 EPS becomes a reality. After $1.12 actual earnings per share reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 4.46% EPS growth.

Hl Financial Services Llc, which manages about $5.17 billion US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 20,788 shares to 343,716 shares, valued at $15.87 million in 2017Q4, according to the filing. It also increased its holding in Vanguard Reit Etf (VNQ) by 16,233 shares in the quarter, for a total of 421,097 shares, and has risen its stake in Graco Incorporated Com (NYSE:GGG).

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

Investors sentiment increased to 0.75 in 2017 Q4. Its up 0.02, from 0.73 in 2017Q3. It is positive, as 63 investors sold WFC shares while 746 reduced holdings. 138 funds opened positions while 466 raised stakes. 3.64 billion shares or 0.11% less from 3.65 billion shares in 2017Q3 were reported. Moreover, Hsbc Public Ltd has 0.59% invested in Wells Fargo & Company (NYSE:WFC). State Of Alaska Department Of Revenue has 0.55% invested in Wells Fargo & Company (NYSE:WFC) for 382,172 shares. Kessler Investment Group Incorporated Lc holds 0% or 29 shares. Moreover, Cypress Capital Group Inc has 0.42% invested in Wells Fargo & Company (NYSE:WFC). Campbell Newman Asset Mgmt Inc has invested 0.3% in Wells Fargo & Company (NYSE:WFC). Moreover, Virginia Retirement System Et Al has 0.83% invested in Wells Fargo & Company (NYSE:WFC) for 1.16M shares. State Of Tennessee Treasury Department invested in 3.36M shares or 0.91% of the stock. Northwestern Mutual Wealth Co has 0.14% invested in Wells Fargo & Company (NYSE:WFC) for 366,608 shares. Texas Yale Capital Corp accumulated 0.24% or 45,739 shares. Investment holds 0.09% in Wells Fargo & Company (NYSE:WFC) or 4,076 shares. 12,038 were reported by Dynamic Cap Mgmt Limited. Lourd Ltd Liability holds 6.51% or 1.65 million shares. Beaumont Lc invested in 4,776 shares. Chicago Equity Partners Limited Liability reported 0.05% in Wells Fargo & Company (NYSE:WFC). Homrich And Berg stated it has 27,463 shares.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 15 have Buy rating, 9 Sell and 15 Hold. Therefore 38% are positive. Wells Fargo & Company had 145 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, February 5. Sandler O’Neill upgraded the stock to “Buy” rating in Tuesday, January 9 report. The firm has “Buy” rating by Robert W. Baird given on Friday, November 10. The stock has “Neutral” rating by Guggenheim on Wednesday, April 6. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. As per Wednesday, April 26, the company rating was upgraded by Guggenheim. Susquehanna maintained the shares of WFC in report on Sunday, February 4 with “Hold” rating. The stock of Wells Fargo & Company (NYSE:WFC) has “Outperform” rating given on Wednesday, January 3 by Bernstein. On Tuesday, November 24 the stock rating was initiated by Piper Jaffray with “Neutral”. The company was downgraded on Friday, August 28 by Vetr.

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.03, from 1.04 in 2017Q3. It dropped, as 48 investors sold LOW shares while 437 reduced holdings. 138 funds opened positions while 351 raised stakes. 585.84 million shares or 0.67% less from 589.78 million shares in 2017Q3 were reported. Tortoise Invest Mngmt Limited Liability Company stated it has 0% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Ironsides Asset Ltd, North Carolina-based fund reported 1.04M shares. State Of Alaska Department Of Revenue reported 87,520 shares or 0.19% of all its holdings. Ally Financial invested in 0.11% or 6,000 shares. Macquarie reported 1.34% in Lowe's Companies, Inc. (NYSE:LOW). Mitsubishi Ufj & reported 1.75M shares. Flossbach Von Storch Ag accumulated 2.64M shares. Schulhoff & Co holds 0.23% or 4,506 shares in its portfolio. Lpl Fincl Limited Liability holds 0.04% in Lowe's Companies, Inc. (NYSE:LOW) or 129,157 shares. Finemark Comml Bank And Trust, a Florida-based fund reported 24,194 shares. Northstar Group holds 3,418 shares or 0.17% of its portfolio. Jlb And Assoc Inc has 9,635 shares. Busey stated it has 132,942 shares or 1.58% of all its holdings. Polar Asset Mngmt Prns reported 253,100 shares stake. Rhumbline Advisers holds 0.28% or 1.48 million shares in its portfolio.

Among 35 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. As per Monday, October 31, the company rating was downgraded by Piper Jaffray. RBC Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, July 5 with “Buy” rating. As per Monday, December 19, the company rating was downgraded by Citigroup. Jefferies upgraded Lowe's Companies, Inc. (NYSE:LOW) on Monday, February 5 to “Buy” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Hold” rating by Piper Jaffray on Friday, September 29. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Outperform” rating given on Wednesday, January 24 by Robert W. Baird. The company was maintained on Monday, September 25 by RBC Capital Markets. The company was maintained on Thursday, August 24 by Deutsche Bank. Guggenheim maintained it with “Buy” rating and $125.0 target in Tuesday, January 30 report. RBC Capital Markets maintained it with “Buy” rating and $81.0 target in Wednesday, August 23 report.

M Holdings Securities Inc, which manages about $733.83 million and $331.98M US Long portfolio, upped its stake in Vaneck Vectors Etf Tr High Yld Mun Etf by 10,423 shares to 31,102 shares, valued at $970,000 in 2017Q4, according to the filing. It also increased its holding in At&T Inc Com (NYSE:T) by 15,793 shares in the quarter, for a total of 63,355 shares, and has risen its stake in Wisdomtree Tr Us Total Earning (EXT).

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

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