Monday, 30 April 2018

As Wells Fargo & Company (WFC) Shares Declined, Solaris Asset Management Upped by $336,900 Its Stake; As Goldcorp New (GG) Market Value Rose, Tsp Capital Management Group Has Trimmed Its Position by $720,000

Goldcorp Inc. (NYSE:GG) Logo

Tsp Capital Management Group Llc decreased its stake in Goldcorp Inc New (GG) by 10.07% based on its latest 2017Q4 regulatory filing with the SEC. Tsp Capital Management Group Llc sold 60,000 shares as the company’s stock rose 9.46% while stock markets declined. The institutional investor held 535,866 shares of the precious metals company at the end of 2017Q4, valued at $6.84M, down from 595,866 at the end of the previous reported quarter. Tsp Capital Management Group Llc who had been investing in Goldcorp Inc New for a number of months, seems to be less bullish one the $11.91B market cap company. The stock increased 0.66% or $0.09 during the last trading session, reaching $13.75. About 5.88M shares traded. Goldcorp Inc. (NYSE:GG) has declined 14.21% since April 30, 2017 and is downtrending. It has underperformed by 25.76% the S&P500.

Solaris Asset Management Llc increased its stake in Wells Fargo & Company (WFC) by 8.69% based on its latest 2017Q4 regulatory filing with the SEC. Solaris Asset Management Llc bought 5,615 shares as the company’s stock declined 16.98% with the market. The institutional investor held 70,227 shares of the major banks company at the end of 2017Q4, valued at $4.26M, up from 64,612 at the end of the previous reported quarter. Solaris Asset Management Llc who had been investing in Wells Fargo & Company for a number of months, seems to be bullish on the $255.20B market cap company. The stock decreased 0.15% or $0.08 during the last trading session, reaching $52.36. About 12.30M shares traded. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since April 30, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

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

Solaris Asset Management Llc, which manages about $176.47 million US Long portfolio, decreased its stake in Hess Corp (NYSE:HES) by 9,482 shares to 12,665 shares, valued at $601,000 in 2017Q4, according to the filing. It also reduced its holding in Enterprise Products Partners (NYSE:EPD) by 13,000 shares in the quarter, leaving it with 325 shares, and cut its stake in Nice Systems Ltd Spons Adr (NASDAQ:NICE).

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. Moreover, Brookmont Capital Mngmt has 3.59% invested in Wells Fargo & Company (NYSE:WFC) for 137,437 shares. Advisory Network Ltd Llc holds 48,573 shares or 0.26% of its portfolio. Jfs Wealth Ltd Limited Liability Company holds 0.07% in Wells Fargo & Company (NYSE:WFC) or 5,040 shares. Horan Capital Mgmt stated it has 3.93% of its portfolio in Wells Fargo & Company (NYSE:WFC). Ngam Advsrs LP holds 0.58% or 939,191 shares in its portfolio. Sei Comm has 0.34% invested in Wells Fargo & Company (NYSE:WFC). Old Natl National Bank & Trust In invested in 0.24% or 75,904 shares. Sigma Planning Corporation, Michigan-based fund reported 39,576 shares. Pictet Cie (Europe), a Luxembourg-based fund reported 103,528 shares. Peoples Service accumulated 30,605 shares or 1.02% of the stock. Daiwa reported 255,936 shares. Baystate Wealth Ltd Llc owns 1,545 shares for 0.01% of their portfolio. Brown Advisory invested in 4.65 million shares or 0.89% of the stock. Levin Cap Strategies Lp owns 8,131 shares. Moreover, Canandaigua Bancshares And Trust has 0.57% invested in Wells Fargo & Company (NYSE:WFC) for 52,305 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 146 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Buy” rating in Monday, March 26 report. The stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by RBC Capital Markets on Wednesday, August 30. Vertical Group upgraded the shares of WFC in report on Thursday, December 7 to “Buy” rating. The rating was upgraded by Goldman Sachs to “Buy” on Thursday, January 4. Evercore maintained the stock with “Outperform” rating in Wednesday, April 19 report. Goldman Sachs upgraded Wells Fargo & Company (NYSE:WFC) on Monday, January 11 to “Buy” rating. The firm earned “Outperform” rating on Tuesday, January 12 by Keefe Bruyette & Woods. On Friday, August 25 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Monday, October 17.

Tsp Capital Management Group Llc, which manages about $313.86M and $219.61 million US Long portfolio, upped its stake in Sibanye Stillwater (NYSE:SBGL) by 201,850 shares to 365,050 shares, valued at $1.84M in 2017Q4, according to the filing. It also increased its holding in Companhia Energetica De Mina (NYSE:CIG) by 161,814 shares in the quarter, for a total of 1.69M shares, and has risen its stake in Western Un Co (NYSE:WU).

Among 21 analysts covering Goldcorp Inc. (NYSE:GG), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Goldcorp Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Hold” rating and $18.0 target in Monday, October 5 report. The stock of Goldcorp Inc. (NYSE:GG) earned “Buy” rating by RBC Capital Markets on Sunday, December 3. TD Securities downgraded Goldcorp Inc. (NYSE:GG) on Friday, February 26 to “Hold” rating. As per Monday, October 23, the company rating was maintained by RBC Capital Markets. Deutsche Bank upgraded it to “Hold” rating and $16 target in Monday, October 3 report. As per Wednesday, January 17, the company rating was downgraded by Canaccord Genuity. Desjardins Securities upgraded the shares of GG in report on Thursday, October 20 to “Buy” rating. The stock of Goldcorp Inc. (NYSE:GG) has “Sell” rating given on Friday, February 26 by Deutsche Bank. The firm has “Overweight” rating given on Tuesday, August 9 by Morgan Stanley. Macquarie Research downgraded the stock to “Neutral” rating in Tuesday, March 15 report.

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

The post As Wells Fargo & Company (WFC) Shares Declined, Solaris Asset Management Upped by $336,900 Its Stake; As Goldcorp New (GG) Market Value Rose, Tsp Capital Management Group Has Trimmed Its Position by $720,000 appeared first on Stock Market News | HillCountryTimes | Get it Today.



from
https://www.hillcountrytimes.com/2018/04/30/as-wells-fargo-as-goldcorp-new-gg-market-value-rose-tsp-capital-management-group-has-trimmed-its-position-by/

No comments:

Post a Comment