As Wells Fargo & Co (WFC) Stock Price Declined, Eagle Asset Management Raised by $3.42 Million Its Position; Halsey Associates Lowered American Tower (AMT) Stake by $1.04 Million as Stock Rose

Wells Fargo & Company (NYSE:WFC) Logo

Eagle Asset Management Inc increased its stake in Wells Fargo & Co (WFC) by 4.41% based on its latest 2018Q4 regulatory filing with the SEC. Eagle Asset Management Inc bought 74,285 shares as the company’s stock declined 7.80% while stock markets rallied. The institutional investor held 1.76M shares of the major banks company at the end of 2018Q4, valued at $81.02M, up from 1.68M at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Wells Fargo & Co for a number of months, seems to be bullish on the $230.47B market cap company. The stock increased 0.62% or $0.31 during the last trading session, reaching $50.66. About 46.12 million shares traded or 111.31% up from the average. Wells Fargo & Company (NYSE:WFC) has declined 12.56% since March 17, 2018 and is downtrending. It has underperformed by 16.93% the S&P500. Some Historical WFC News: 13/04/2018 – Wells Fargo Reports Preliminary First Quarter 2018 Net Income of $5.9 Billion; Diluted EPS of $1.12; 20/04/2018 – Wells Fargo agrees to pay $1 billion to settle over abuses in its auto and mortgage loan units; 26/03/2018 – Wells Fargo thinks its time to buy into the sell-off, even with fears over trade wars and rate hikes; 30/05/2018 – Wells Fargo’s Bad News is Pretty Much All Out: CFO — Barrons.com; 23/05/2018 – Wells Fargo Dismisses Bankers in Struggling Muni-Bond Division; 16/03/2018 – DOJ Widens Wells Fargo Sales Investigation to Wealth Management; 25/04/2018 – WINGSTOP INC WING.O : WELLS FARGO RAISES TARGET PRICE TO $56 FROM $53; 23/04/2018 – Wells Fargo Finds No Escape From Protests With Meeting in Iowa; 09/05/2018 – Moody’s Assigns Aa1/Vmig 1 To Tender Option Bond Trust (Wells Fargo Liq.) Floater Certificates, Series 2018-XM0638; 05/05/2018 – BUFFETT SAYS WELLS FARGO IS A COMPANY THAT PROVED THE EFFICACY OF INCENTIVES; IT’S JUST THAT THEY HAD WRONG INCENTIVES

Halsey Associates Inc decreased its stake in American Tower (AMT) by 10.3% based on its latest 2018Q4 regulatory filing with the SEC. Halsey Associates Inc sold 6,590 shares as the company’s stock rose 10.92% with the market. The institutional investor held 57,361 shares of the real estate investment trusts company at the end of 2018Q4, valued at $9.07 million, down from 63,951 at the end of the previous reported quarter. Halsey Associates Inc who had been investing in American Tower for a number of months, seems to be less bullish one the $83.36 billion market cap company. The stock increased 0.53% or $1 during the last trading session, reaching $188.97. About 2.54 million shares traded or 33.57% up from the average. American Tower Corporation (NYSE:AMT) has risen 32.74% since March 17, 2018 and is uptrending. It has outperformed by 28.37% the S&P500.

Since October 30, 2018, it had 0 insider purchases, and 14 selling transactions for $68.25 million activity. DiSanto Edmund also sold $1.73M worth of American Tower Corporation (NYSE:REIT) on Wednesday, November 7. 2,000 American Tower Corporation (NYSE:REIT) shares with value of $314,220 were sold by THOMPSON SAMME L. SHARBUTT DAVID E sold $563,845 worth of stock. On Friday, January 18 Bartlett Thomas A sold $8.45M worth of American Tower Corporation (NYSE:REIT) or 51,203 shares. DOLAN RAYMOND P had sold 7,243 shares worth $1.19M on Tuesday, January 22. Meyer Robert Joseph JR sold $7.03M worth of stock.

Investors sentiment increased to 1.13 in Q4 2018. Its up 0.02, from 1.11 in 2018Q3. It is positive, as 46 investors sold AMT shares while 303 reduced holdings. 106 funds opened positions while 288 raised stakes. 406.71 million shares or 4.23% more from 390.23 million shares in 2018Q3 were reported. Wagner Bowman Mngmt owns 0.33% invested in American Tower Corporation (NYSE:REIT) for 8,493 shares. Janney Montgomery Scott Limited Company stated it has 0.1% of its portfolio in American Tower Corporation (NYSE:REIT). Renaissance Technology Ltd Llc owns 0.54% invested in American Tower Corporation (NYSE:REIT) for 3.10M shares. Winslow Cap Mngmt Ltd Com holds 2.04% of its portfolio in American Tower Corporation (NYSE:REIT) for 2.07M shares. Jnba Financial reported 0.01% in American Tower Corporation (NYSE:REIT). Cwm Ltd Liability Corp invested in 0.64% or 162,728 shares. Gru invested in 176,618 shares or 0.11% of the stock. Buckingham Mngmt holds 0.09% or 2,700 shares. 1,846 were accumulated by Arete Wealth Advsrs Ltd Liability Corp. Ruggie Capital Grp owns 546 shares for 0.04% of their portfolio. Moneta Group Incorporated Invest Limited Liability Co holds 0.06% or 2,921 shares in its portfolio. Tompkins Fincl invested 0.01% in American Tower Corporation (NYSE:REIT). Ontario – Canada-based Ci Invs Incorporated has invested 0.16% in American Tower Corporation (NYSE:REIT). Missouri-based Ent Fin Serv Corp has invested 0.04% in American Tower Corporation (NYSE:REIT). Toronto Dominion State Bank reported 287,255 shares.

Halsey Associates Inc, which manages about $849.92 million and $530.38M US Long portfolio, upped its stake in Facebook (NASDAQ:FB) by 2,543 shares to 89,683 shares, valued at $11.76 million in 2018Q4, according to the filing. It also increased its holding in Iqvia Holdings by 8,435 shares in the quarter, for a total of 171,979 shares, and has risen its stake in Paypal.

More notable recent American Tower Corporation (NYSE:REIT) news were published by: Investorplace.com which released: “3 Retail REITs That Are Winning In The New Landscape – Investorplace.com” on March 07, 2019, also Seekingalpha.com with their article: “Ventas: Should You Buy This 4.9%-Yielding Healthcare REIT? – Seeking Alpha” published on February 20, 2019, Seekingalpha.com published: “Annaly Capital Management: This 11.7%-Yielding Mortgage REIT Still Offers Decent Value – Seeking Alpha” on February 16, 2019. More interesting news about American Tower Corporation (NYSE:REIT) were released by: Seekingalpha.com and their article: “City Office Is Poised To Profit – Seeking Alpha” published on March 05, 2019 as well as Seekingalpha.com‘s news article titled: “In Case American Tower Tumbles – Seeking Alpha” with publication date: March 06, 2019.

Investors sentiment decreased to 0.53 in 2018 Q4. Its down 0.25, from 0.78 in 2018Q3. It turned negative, as 101 investors sold WFC shares while 748 reduced holdings. 113 funds opened positions while 337 raised stakes. 3.41 billion shares or 1.32% less from 3.46 billion shares in 2018Q3 were reported. Cap Fund Mgmt Sa holds 144,520 shares or 0.06% of its portfolio. First Foundation invested 0.05% of its portfolio in Wells Fargo & Company (NYSE:WFC). Centurylink Investment Management accumulated 1.27% or 59,324 shares. Hm Payson reported 0.25% stake. 58,607 are held by Lvw Advsr Lc. Alliancebernstein LP holds 0.84% or 24.69M shares in its portfolio. 440,873 are owned by Advisers Limited. Ipg Investment Ltd Llc accumulated 10,070 shares. Leavell Invest Management invested 0.35% in Wells Fargo & Company (NYSE:WFC). Federated Pa accumulated 909,025 shares or 0.11% of the stock. Tudor Invest Corp Et Al reported 6,223 shares. National Bank Pictet Cie (Asia) holds 18,325 shares or 0.46% of its portfolio. Fosun Intl holds 4,795 shares. Northern Trust has invested 0.68% in Wells Fargo & Company (NYSE:WFC). Hudson Valley Inv Advsr Adv has 16,477 shares for 0.17% of their portfolio.

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