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Bell & Brown Wealth Advisors LLC Has $6.36 Million Holdings in Wells Fargo & Company $WFC
Bell & Brown Wealth Advisors LLC reduced its stake in Wells Fargo & Company by 24.9% in the 4th quarter, now holding 68,274 shares valued at $6.36 million, making it their 16th largest position. Wells Fargo recently beat Q1 earnings estimates, reporting $1.60 EPS and $11.62 billion in revenue, and announced a quarterly dividend of $0.45 per share. Despite some insider selling, institutional investors own 75.9% of the company, and analysts have a “Moderate Buy” rating with a consensus target price of $97.75.