Comparable Company Analysis: Wells Fargo & Company (WFC), MasTec, Inc. (MTZ)

Andrew Cummings
October 17, 2017

Several other institutional investors also recently bought and sold shares of the stock. The average 1-year price target for (MTZ) reveals an average price target of $54.96 per share. Wells Fargo Co New now has $266.51B valuation. The stock increased 14.29% or $0.035 on October 13, reaching $0.28. The company saw 35.25 million shares trade hands over the course of the day. Vertical Group assumed coverage on Wells Fargo & in a research report on Friday, October 6th. It has underperformed by 7.03% the S&P500. The financial services provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.03. CB's profit would be $1.25B giving it 13.88 P/E if the $2.68 EPS is correct. The stock declined 0.17% or $0.09 reaching $53.6 per share. NutraFuels Inc (OTCMKTS:NTFU) has 0.00% since October 15, 2016 and is. The stock has "Buy" rating by RBC Capital Markets on Thursday, June 22. Therefore 74% are positive. VMware Inc had 136 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Monday, August 28 by RBC Capital Markets. There are brokerage firms with lower targets than the average, including one setting a price target of $35. The firm earned "Buy" rating on Friday, August 7 by Deutsche Bank. The stock has "Buy" rating by Guggenheim on Thursday, October 15. The rating was maintained by Piper Jaffray with "Hold" on Friday, October 13. Oppenheimer maintained the stock with "Hold" rating in Friday, July 14 report. The company was reinitiated on Wednesday, January 11 by UBS.

Security Bancorporation Of So Dak has 1.11% invested in AT&T Inc. Its up 0.19, from 1.07 in 2017Q1. Dell Technologies Inc sold $59.40M worth of stock. 55 funds opened positions while 162 raised stakes. State Of Tennessee Treasury Department reported 50,231 shares.

07/21/2017 - Wells Fargo & Company was downgraded to "sell" by analysts at Berenberg Bank. United Kingdom-based Origin Asset Management Llp has invested 0.45% in VMware, Inc. 87,790 are held by Woodmont Invest Counsel. Parametric Assocs Limited Com has invested 0% in Chubb Ltd (NYSE:CB). Oregon Public Employees Retirement Fund invested 0.02% in VMware, Inc. Cleararc reported 11,450 shares or 0.27% of all its holdings.

Mortgage banking charges tumbled for the fifth straight quarter to $1.05 billion as a request from property holders for renegotiating kept on winding down in the midst of rising financing costs. 9,775 are owned by Eqis Cap. Eastern National Bank & Trust reported 152,081 shares stake.


The FINRA's order finds that Wells Fargo failed to implement policies to educate and train its registered representatives in connection with the sale of volatility-linked exchange-traded products (ETPs). The Company is a diversified financial services company. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management.

Investors sentiment increased to 0.88 in 2017 Q2. Its up 0.12, from 0.76 in 2017Q1. 110 funds opened positions while 566 raised stakes. Rhumbline Advisers invested in 0.99% or 7.86 million shares.

Yhb Investment Advisors Inc, which manages about $966.41 million and $582.84 million US Long portfolio, decreased its stake in Goldman Sachs Group Inc (NYSE:GS) by 5,359 shares to 8,535 shares, valued at $1.89M in 2017Q2, according to the filing. Overall, the share price is down -2.58% so far this year.

His decision, he says, also takes into consideration Wells Fargos failure to respond to a series of demands he made for greater bank accountability in the wake of the original revelations that it defrauded millions of unknowing account holders. South Street Ltd Liability Co accumulated 127,445 shares or 2.31% of the stock.


Pekin Singer Strauss Asset Management increased Air Lease Corp (AL) stake by 62.16% reported in 2017Q2 SEC filing. North Point Portfolio Managers Corp Oh owns 245,768 shares. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since October 16, 2016 and is uptrending. Van Eck Assoc Corporation stated it has 0.17% in Wells Fargo & Co (NYSE:WFC). Kansas-based Creative Planning has invested 0% in Fluor Corporation (NEW) (NYSE:FLR). 35310028 shares were traded on Wells Fargo & Company's last session. It also upped Texas Capital Bancshares Inc Com (NASDAQ:TCBI) stake by 50,997 shares and now owns 82,759 shares. Ishares Tr (IJH) was raised too.

Among 46 analysts covering VMware Inc (NYSE:VMW), 21 have Buy rating, 0 Sell and 25 Hold. 38,988 shares were sold by Mack Mary T, worth $2.05 million. Therefore 41% are positive.

The average 1-year price target for Wells Fargo & Company (WFC) - averaging the work of different analysts - reveals a mean PT of $58.12/share. Cowen & Co maintained it with "Buy" rating and $4500 target in Friday, August 4 report. On Wednesday, January 20 the stock rating was upgraded by Susquehanna to "Positive". Robert W. Baird downgraded it to "Neutral" rating and $60 target in Wednesday, January 27 report.


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