Ubs Global Asset Management Americas Increases Stake in Sturm Ruger &#38 Co (RGR); Brookstone Capital Management Increased Wells Fargo Co New (WFC) Holding by $5.08 Million

May 18, 2018 - By Nellie Frank

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Ubs Global Asset Management Americas Inc increased its stake in Sturm Ruger &#38 Co Inc (RGR) by 14.29% based on its latest 2017Q4 regulatory filing with the SEC. Ubs Global Asset Management Americas Inc bought 700 shares as the company’s stock declined 10.87% with the market. The institutional investor held 5,599 shares of the company at the end of 2017Q4, valued at $312.70M, up from 4,899 at the end of the previous reported quarter. Ubs Global Asset Management Americas Inc who had been investing in Sturm Ruger &#38 Co Inc for a number of months, seems to be bullish on the $1.06B market cap company. The stock increased 0.83% or $0.5 during the last trading session, reaching $60.5. About 43,307 shares traded. Sturm, Ruger & Company, Inc. (NYSE:RGR) has declined 4.47% since May 18, 2017 and is downtrending. It has underperformed by 16.02% the S&P500.




Brookstone Capital Management increased its stake in Wells Fargo Co New (WFC) by 540.96% based on its latest 2017Q4 regulatory filing with the SEC. Brookstone Capital Management bought 84,719 shares as the company’s stock declined 16.98% with the market. The institutional investor held 100,380 shares of the major banks company at the end of 2017Q4, valued at $6.09M, up from 15,661 at the end of the previous reported quarter. Brookstone Capital Management who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $263.04 billion market cap company. The stock decreased 0.44% or $0.24 during the last trading session, reaching $53.98. About 8.52M shares traded. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since May 18, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: 247Wallst.com which released: “Wells Fargo’s Tim Sloan Remains One of America’s Worst CEOs” on May 05, 2018, also 247Wallst.com with their article: “Well Fargo Renews Its Commitment to You After Rip-Offs” published on May 09, 2018, Bizjournals.com published: “Wells Fargo taps JPMorgan Chase exec as chief risk officer” on May 07, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Seekingalpha.com and their article: “Wells Fargo: Buying Opportunity?” published on April 25, 2018 as well as 247Wallst.com‘s news article titled: “Well Fargo Renews Its Commitment to You After Rip-Offs (Update)” with publication date: May 18, 2018.

Investors sentiment increased to 0.75 in Q4 2017. 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. Quantitative Invest Mgmt Ltd Liability owns 0.51% invested in Wells Fargo & Company (NYSE:WFC) for 573,300 shares. Griffin Asset Management accumulated 175,763 shares. Cramer Rosenthal Mcglynn Ltd Liability Com reported 1.46% stake. Moreover, Ckw has 0.05% invested in Wells Fargo & Company (NYSE:WFC). A D Beadell Investment Counsel holds 1.66% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 33,375 shares. Van Hulzen Asset Mgmt Ltd Liability stated it has 1.01% of its portfolio in Wells Fargo & Company (NYSE:WFC). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management accumulated 146,800 shares. Brandes Ptnrs Ltd Partnership accumulated 2.07M shares. Moreover, Mogy Joel R Investment Counsel has 0.12% invested in Wells Fargo & Company (NYSE:WFC). Torray Lc holds 1.58% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 264,423 shares. 1,800 were reported by First Eagle Invest Mngmt Ltd Llc. Alliancebernstein Ltd Partnership invested in 0.88% or 20.38 million shares. Kayne Anderson Rudnick Mngmt Ltd Liability Corporation holds 0% or 4,014 shares in its portfolio. Global, California-based fund reported 54.22M shares. State Of Tennessee Treasury Department owns 3.36 million shares.

Brookstone Capital Management, which manages about $975.50M and $1.11 billion US Long portfolio, decreased its stake in Lilly Eli & Co (NYSE:LLY) by 66,244 shares to 10,440 shares, valued at $882,000 in 2017Q4, according to the filing. It also reduced its holding in Cf Inds Hldgs Inc (NYSE:CF) by 30,256 shares in the quarter, leaving it with 135,402 shares, and cut its stake in Ishares Tr (IWF).

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 17 have Buy rating, 8 Sell and 14 Hold. Therefore 44% are positive. Wells Fargo & Company had 149 analyst reports since July 29, 2015 according to SRatingsIntel. S&P Research maintained Wells Fargo & Company (NYSE:WFC) on Thursday, August 13 with “Buy” rating. The firm earned “Neutral” rating on Friday, October 6 by UBS. The rating was upgraded by Sandler O’Neill on Wednesday, September 2 to “Buy”. The firm has “Buy” rating given on Thursday, December 21 by Buckingham Research. The stock of Wells Fargo & Company (NYSE:WFC) has “Hold” rating given on Friday, July 28 by Piper Jaffray. The stock of Wells Fargo & Company (NYSE:WFC) has “Hold” rating given on Monday, February 5 by Keefe Bruyette & Woods. The rating was downgraded by Berenberg to “Sell” on Friday, July 21. Susquehanna maintained the shares of WFC in report on Thursday, January 4 with “Hold” rating. The company was upgraded on Monday, January 11 by Goldman Sachs. The stock has “Hold” rating by Jefferies on Monday, November 28.

More recent Sturm, Ruger & Company, Inc. (NYSE:RGR) news were published by: 247Wallst.com which released: “Sturm, Ruger Shareholders Win Vote on Gun Safety Report” on May 09, 2018. Also Seekingalpha.com published the news titled: “Sturm Ruger facing gun safety report” on May 10, 2018. Seekingalpha.com‘s news article titled: “Wall Street Breakfast: Super Thursday At The Bank Of England” with publication date: May 10, 2018 was also an interesting one.

Since February 28, 2018, it had 1 insider purchase, and 2 selling transactions for $661,800 activity. 100 Sturm, Ruger & Company, Inc. (NYSE:RGR) shares with value of $4,500 were bought by Froman Sandra S. The insider Leska Shawn Christopher sold 5,000 shares worth $300,300.

Among 4 analysts covering Sturm Ruger (NYSE:RGR), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Sturm Ruger had 7 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 4 by KeyBanc Capital Markets. The firm earned “Buy” rating on Thursday, February 25 by Dougherty & Company. BB&T Capital downgraded Sturm, Ruger & Company, Inc. (NYSE:RGR) on Monday, June 6 to “Hold” rating. The firm has “Buy” rating given on Friday, July 24 by BB&T Capital.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.21, from 1.05 in 2017Q3. It is negative, as 34 investors sold RGR shares while 56 reduced holdings. 34 funds opened positions while 42 raised stakes. 14.62 million shares or 2.62% more from 14.25 million shares in 2017Q3 were reported. Moreover, Teachers Retirement Systems Of The State Of Kentucky has 0% invested in Sturm, Ruger & Company, Inc. (NYSE:RGR). Louisiana State Employees Retirement System owns 7,500 shares or 0.02% of their US portfolio. Thrivent Financial For Lutherans has 0% invested in Sturm, Ruger & Company, Inc. (NYSE:RGR) for 10,997 shares. Valley Natl Advisers holds 101 shares or 0% of its portfolio. Metropolitan Life Insurance holds 5,510 shares. Dubuque Bancorp & Tru reported 3,783 shares or 0.03% of all its holdings. Parametric Associates Limited Liability Company reported 28,894 shares. London Of Virginia owns 1.36M shares. Ameritas Prtn Incorporated holds 1,458 shares. Northern has invested 0% in Sturm, Ruger & Company, Inc. (NYSE:RGR). Brown Brothers Harriman And Company has 0% invested in Sturm, Ruger & Company, Inc. (NYSE:RGR). Cubist Systematic Strategies Ltd Liability reported 800 shares or 0% of all its holdings. Commercial Bank Of America De accumulated 0% or 128,857 shares. Hanson Mcclain stated it has 551 shares or 0% of all its holdings. Victory Cap Management Inc has invested 0% of its portfolio in Sturm, Ruger & Company, Inc. (NYSE:RGR).

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

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