Brown Advisory Raised Wal (WMT) Position by $9.00 Million; Baltimore-Washington Financial Advisors Has Decreased Its Stake in Wells Fargo & Co Com (WFC) by $7.79 Million as Market Value Declined

February 22, 2018 - By Darrin Black

Baltimore-Washington Financial Advisors Inc decreased its stake in Wells Fargo & Co Com (WFC) by 94.79% based on its latest 2017Q3 regulatory filing with the SEC. Baltimore-Washington Financial Advisors Inc sold 141,576 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 7,775 shares of the major banks company at the end of 2017Q3, valued at $429,000, down from 149,351 at the end of the previous reported quarter. Baltimore-Washington Financial Advisors Inc who had been investing in Wells Fargo & Co Com for a number of months, seems to be less bullish one the $288.26 billion market cap company. The stock decreased 1.34% or $0.8 during the last trading session, reaching $58.93. About 10.37 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.

Brown Advisory Inc increased its stake in Wal (WMT) by 11541.5% based on its latest 2017Q3 regulatory filing with the SEC. Brown Advisory Inc bought 115,415 shares as the company’s stock rose 13.55% with the market. The institutional investor held 116,415 shares of the consumer services company at the end of 2017Q3, valued at $9.10 million, up from 1,000 at the end of the previous reported quarter. Brown Advisory Inc who had been investing in Wal for a number of months, seems to be bullish on the $274.81 billion market cap company. The stock increased 1.36% or $1.245 during the last trading session, reaching $92.765. About 15.74M shares traded or 54.02% up from the average. Walmart Inc. (NYSE:WMT) has risen 13.83% since February 22, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.




Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is without change, as 62 investors sold WMT shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported. Mufg Americas has invested 0.29% in Walmart Inc. (NYSE:WMT). Stewart Patten Ltd Llc has invested 0.07% in Walmart Inc. (NYSE:WMT). Caldwell Orkin Incorporated holds 1.42% or 17,800 shares. Atlantic Gru Limited Liability Company owns 0.1% invested in Walmart Inc. (NYSE:WMT) for 287,144 shares. Nomura Asset owns 383,574 shares or 0.39% of their US portfolio. 18,520 are owned by Beacon Finance Gru. Community Trust holds 0.05% of its portfolio in Walmart Inc. (NYSE:WMT) for 5,500 shares. Exxonmobil Investment Management Tx reported 267,298 shares. Jolley Asset Mgmt Limited Liability Co reported 51,765 shares. Ruffer Ltd Liability Partnership holds 0.03% of its portfolio in Walmart Inc. (NYSE:WMT) for 8,699 shares. 259 are held by Howe & Rusling Inc. Atwood And Palmer Inc reported 1,100 shares stake. Ballentine Prns Ltd Company holds 14,357 shares or 0.06% of its portfolio. Kepos Cap Ltd Partnership accumulated 41,165 shares or 0.54% of the stock. Check Capital Ca owns 0.03% invested in Walmart Inc. (NYSE:WMT) for 12,639 shares.

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 20 Hold. Therefore 46% are positive. Wal-Mart Stores Inc had 148 analyst reports since August 14, 2015 according to SRatingsIntel. Bernstein initiated the shares of WMT in report on Monday, February 6 with “Mkt Perform” rating. Northcoast upgraded Walmart Inc. (NYSE:WMT) rating on Friday, November 13. Northcoast has “Buy” rating and $70 target. The rating was maintained by Wolfe Research on Saturday, August 22 with “Underperform”. The stock of Walmart Inc. (NYSE:WMT) has “Hold” rating given on Friday, June 9 by Credit Suisse. Deutsche Bank maintained the stock with “Hold” rating in Sunday, September 6 report. RBC Capital Markets maintained Walmart Inc. (NYSE:WMT) on Monday, February 12 with “Hold” rating. As per Friday, November 17, the company rating was maintained by Morgan Stanley. The firm earned “Market Perform” rating on Friday, May 19 by BMO Capital Markets. Telsey Advisory Group upgraded the stock to “Outperform” rating in Friday, April 7 report. The company was maintained on Thursday, November 16 by Robert W. Baird.

Since August 23, 2017, it had 0 insider buys, and 12 selling transactions for $1.37 billion activity. Canney Jacqueline P had sold 2,065 shares worth $200,291 on Monday, December 11. WALTON JIM C sold $131.11M worth of stock. $166.15M worth of Walmart Inc. (NYSE:WMT) was sold by WALTON S ROBSON on Wednesday, August 30. On Tuesday, August 29 Gearhart Jeffrey J sold $727,698 worth of Walmart Inc. (NYSE:WMT) or 9,216 shares.

Brown Advisory Inc, which manages about $30.16 billion US Long portfolio, decreased its stake in Regions Finl Corp New (NYSE:RF) by 2.26M shares to 7.76 million shares, valued at $118.22 million in 2017Q3, according to the filing. It also reduced its holding in Enpro Inds Inc (NYSE:NPO) by 138,324 shares in the quarter, leaving it with 532,046 shares, and cut its stake in Pegasystems Inc (NASDAQ:PEGA).

Baltimore-Washington Financial Advisors Inc, which manages about $451.99M and $440.32M US Long portfolio, upped its stake in Guggenheim S&P 500 Eq Wgt Technology Etf (RYT) by 5,522 shares to 13,397 shares, valued at $1.81 million in 2017Q3, according to the filing. It also increased its holding in Bank Of New York Mellon Corp Com (NYSE:BK) by 6,949 shares in the quarter, for a total of 187,406 shares, and has risen its stake in Ishares Us Preferred Stock Etf (PFF).

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on April, 12. They expect $1.07 earnings per share, up 7.00% or $0.07 from last year’s $1 per share. WFC’s profit will be $5.23 billion for 13.77 P/E if the $1.07 EPS becomes a reality. After $0.97 actual earnings per share reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 10.31% EPS growth.

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

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 firm has “Overweight” rating given on Tuesday, January 3 by Barclays Capital. The firm has “Hold” rating by Berenberg given on Wednesday, July 13. The rating was maintained by BMO Capital Markets on Sunday, February 4 with “Hold”. UBS maintained the shares of WFC in report on Monday, October 16 with “Neutral” rating. UBS initiated it with “Sell” rating and $45 target in Thursday, March 24 report. The stock has “Hold” rating by Sandler O’Neill on Wednesday, April 12. The stock of Wells Fargo & Company (NYSE:WFC) has “Outperform” rating given on Wednesday, April 19 by Evercore. The firm has “Outperform” rating given on Monday, September 19 by Robert W. Baird. BMO Capital Markets maintained the shares of WFC in report on Friday, October 6 with “Hold” rating. The firm has “Underperform” rating given on Tuesday, October 4 by Raymond James.

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