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Shares of Wells Fargo & Co. (NYSE:WFC) have earned a consensus rating of “Hold” from the thirty-two analysts that are presently covering the stock, AnalystRatingsNetwork reports. Two investment analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $45.87.

Shares of Wells Fargo & Co. (NYSE:WFC) traded down 2.01% during mid-day trading on Monday, hitting $44.43. 29,578,408 shares of the company’s stock traded hands. Wells Fargo & Co. has a one year low of $34.52 and a one year high of $46.84. The stock’s 50-day moving average is $45.50 and its 200-day moving average is $43.43. The company has a market cap of $233.6 billion and a price-to-earnings ratio of 11.66. Wells Fargo & Co. also saw some unusual options trading activity on Monday. Traders bought 39,931 put options on the company. This is an increase of approximately 221% compared to the typical volume of 12,455 put options.

Wells Fargo & Co. (NYSE:WFC) last released its earnings data on Monday, January 13th. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.98 by $0.02. The company had revenue of $20.70 billion for the quarter, compared to the consensus estimate of $20.63 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. The company’s quarterly revenue was down 5.8% on a year-over-year basis. Analysts expect that Wells Fargo & Co. will post $4.01 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Saturday, March 1st. Shareholders of record on Friday, February 7th will be given a dividend of 0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Wednesday, February 5th.

In other Wells Fargo & Co. news, CFO Timothy Sloan unloaded 75,000 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $45.84, for a total value of $3,438,000.00. Following the transaction, the chief financial officer now directly owns 314,873 shares in the company, valued at approximately $14,433,778. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Wells Fargo & Co. in a research note to investors on Tuesday, January 21st. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Wells Fargo & Co. in a research note to investors on Wednesday, January 15th. They now have a $48.00 price target on the stock. Finally, analysts at Compass Point raised their price target on shares of Wells Fargo & Co. from $42.00 to $47.00 in a research note to investors on Wednesday, January 15th. They now have a “neutral” rating on the stock.

Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company.

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