Wells Fargo & Co (NYSE: WFC) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Wells Fargo & Co is listed on the NYSE as a member of the Financial sector and is a part of the Banks – Diversified industry. The current market capitalization of Wells Fargo & Co is $252.87B. A total of 22.87 million shares were traded on the day, compared to an average of 16.98M shares.

In the most recent transaction, Williams Ather III sold 60,000 shares of WFC for 63.70 per share on Oct 16 ’24. After the transaction, the Sr. Executive Vice President now owns 163,610 company shares. In a previous transaction on Oct 16 ’24, Williams Ather III bought 60,000 shares at 63.70 per share.

Among the insiders who sold shares, Van Beurden Saul disposed of 35,000 shares on Oct 14 ’24 at a per-share price of $61.99. This resulted in the Sr. Executive Vice President holding 126,687 shares of WFC after the transaction. In another insider transaction, Van Beurden Saul bought 35,000 shares at $61.92 per share on Oct 14 ’24.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Wells Fargo & Co pays an annual dividend of $1.50, resulting in a dividend yield of 1.97%, and it has a price to earnings (P/E) ratio of 14.13. WFC’s most recent ex-dividend date was 2.46% when it declared a $0.40 quarterly dividend that was paid in cash on 11/8/2024. Previously, the company paid the dividend on 8/9/2024 with an ex-dividend date of 2.68%. The WFC stock dividend was $0.40 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, WFC has a high of $78.13 and a low of $46.12.

As of this writing, WFC has an earnings estimate of $1.19 per share for the current quarter. EPS was calculated based on a consensus of 14.0 estimates, with a high estimate of $1.27 per share and a lower estimate of $1.1.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $48.80, while its Total Shareholder’s Equity was $190.11B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WFC is Buy with a score of 4.24.

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