United Bank Has Boosted Exxon Mobil (XOM) Stake; Capital One National Association Decreased Its Wells Fargo Co New (WFC) Holding

April 24, 2018 - By Vivian Park

Wells Fargo & Company (NYSE:WFC) Logo

Capital One National Association decreased Wells Fargo Co New (WFC) stake by 13.6% reported in 2017Q4 SEC filing. Capital One National Association sold 11,871 shares as Wells Fargo Co New (WFC)’s stock declined 16.98%. The Capital One National Association holds 75,417 shares with $4.58M value, down from 87,288 last quarter. Wells Fargo Co New now has $255.88 billion valuation. The stock decreased 0.21% or $0.11 during the last trading session, reaching $52.5. About 21.01 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since April 24, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

United Bank increased Exxon Mobil Corp (XOM) stake by 1751.54% reported in 2017Q4 SEC filing. United Bank acquired 49,341 shares as Exxon Mobil Corp (XOM)’s stock declined 12.23%. The United Bank holds 52,158 shares with $4.36M value, up from 2,817 last quarter. Exxon Mobil Corp now has $331.79 billion valuation. The stock decreased 1.56% or $1.24 during the last trading session, reaching $78.33. About 11.99 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since April 24, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 94 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Buy” rating given on Wednesday, May 18 by Argus Research. The stock has “Sell” rating by UBS on Thursday, January 19. The firm earned “Buy” rating on Tuesday, October 24 by Cowen & Co. The firm has “Underperform” rating by Raymond James given on Wednesday, November 18. As per Monday, May 2, the company rating was maintained by Credit Suisse. Jefferies maintained the shares of XOM in report on Thursday, October 19 with “Hold” rating. Howard Weil upgraded Exxon Mobil Corporation (NYSE:XOM) on Monday, June 5 to “Sector Outperform” rating. The rating was maintained by BMO Capital Markets with “Hold” on Monday, June 26. On Thursday, March 2 the stock rating was upgraded by Credit Suisse to “Neutral”. The company was maintained on Monday, February 5 by Piper Jaffray.

Since December 11, 2017, it had 0 insider buys, and 4 insider sales for $3.42 million activity. $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Corson Bradley W on Monday, December 11. Chapman Neil A also sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) on Thursday, December 14. Milton Bryan W had sold 7,281 shares worth $606,082. Wascom Dennis G had sold 2,412 shares worth $200,293.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.01, from 0.85 in 2017Q3. It turned negative, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. 14,095 are owned by Lyons Wealth Mgmt Limited Company. Hugh Johnson Advsr Limited Liability Company invested in 31,734 shares. The Maryland-based Chevy Chase Trust Inc has invested 1.38% in Exxon Mobil Corporation (NYSE:XOM). Amarillo National Bank holds 0.39% or 14,069 shares in its portfolio. Profit Mngmt Limited Liability Company holds 0.66% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 10,334 shares. Donaldson Lc has 2,789 shares for 0.82% of their portfolio. The Delaware-based Cypress Capital Ltd Co has invested 2.05% in Exxon Mobil Corporation (NYSE:XOM). First owns 151,660 shares for 1.39% of their portfolio. At Bank & Trust has invested 0.56% in Exxon Mobil Corporation (NYSE:XOM). Mckinley Carter Wealth Svcs has invested 1.01% in Exxon Mobil Corporation (NYSE:XOM). Hendley & Inc has invested 0.52% in Exxon Mobil Corporation (NYSE:XOM). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 1.21% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Sandhill Cap Prtnrs Ltd Liability invested in 0.09% or 6,061 shares. Amer Trust Inv Advsr Ltd holds 6,255 shares. Whittier Tru Of Nevada has invested 1.38% in Exxon Mobil Corporation (NYSE:XOM).

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on July, 13. They expect $1.17 EPS, up 9.35% or $0.10 from last year’s $1.07 per share. WFC’s profit will be $5.70 billion for 11.22 P/E if the $1.17 EPS becomes a reality. After $1.12 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 4.46% EPS growth.

Capital One National Association increased Lyondellbasell Industries N (NYSE:LYB) stake by 5,499 shares to 21,338 valued at $2.35M in 2017Q4. It also upped Csx Corp (NYSE:CSX) stake by 7,631 shares and now owns 44,563 shares. Ishares Tr (IDV) was raised too.

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 stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by Goldman Sachs on Thursday, January 4. The stock of Wells Fargo & Company (NYSE:WFC) has “Underperform” rating given on Friday, November 18 by BMO Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Monday, November 13. The stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by Bank of America on Monday, February 5. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, February 16 report. Sandler O’Neill maintained Wells Fargo & Company (NYSE:WFC) on Wednesday, April 12 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, August 30. The stock of Wells Fargo & Company (NYSE:WFC) has “Mkt Perform” rating given on Wednesday, October 19 by FBR Capital. BMO Capital Markets maintained Wells Fargo & Company (NYSE:WFC) rating on Friday, October 13. BMO Capital Markets has “Hold” rating and $50.0 target. The stock of Wells Fargo & Company (NYSE:WFC) earned “Sell” rating by Raymond James on Tuesday, August 8.

Investors sentiment increased to 0.75 in Q4 2017. Its up 0.02, from 0.73 in 2017Q3. It improved, 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. Schwab Charles Inv Mgmt invested 0.76% in Wells Fargo & Company (NYSE:WFC). State Of Tennessee Treasury Department holds 0.91% in Wells Fargo & Company (NYSE:WFC) or 3.36 million shares. Lehman Financial Resources reported 0.21% stake. Glovista Invests Limited Liability Corporation reported 15,554 shares. Chicago Equity Partners Ltd Liability Corp stated it has 28,525 shares or 0.05% of all its holdings. Tru Department Mb Bancshares N A has invested 0.03% of its portfolio in Wells Fargo & Company (NYSE:WFC). 372,060 are owned by Ww Asset Mgmt. Bowling Port Mngmt Limited Liability owns 93,203 shares. Tarbox Family Office has 0.32% invested in Wells Fargo & Company (NYSE:WFC) for 13,428 shares. Spindletop Cap Limited Liability Corporation accumulated 170,000 shares. 12.77M are owned by Hotchkis & Wiley Llc. Teacher Retirement Of Texas invested 0.62% in Wells Fargo & Company (NYSE:WFC). Baxter Bros stated it has 196,697 shares or 3.27% of all its holdings. Tegean Mgmt Limited Liability stated it has 225,000 shares or 6.73% of all its holdings. Weik Cap Management owns 98,620 shares or 2.79% of their US portfolio.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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