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Wells Fargo & Company (WFC) Shareholder Stoneridge Investment Partners Decreased Stake by $1.70 Million as Market Value Rose; As Holly Energy Partners LP (HEP) Share Price Rose, Shareholder Glenmede Trust Company Na Cut Stake by $406,000

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Stoneridge Investment Partners Llc decreased its stake in Wells Fargo & Company (WFC) by 11.51% based on its latest 2018Q2 regulatory filing with the SEC. Stoneridge Investment Partners Llc sold 30,878 shares as the company’s stock rose 1.41% with the market. The institutional investor held 237,460 shares of the major banks company at the end of 2018Q2, valued at $13.17M, down from 268,338 at the end of the previous reported quarter. Stoneridge Investment Partners Llc who had been investing in Wells Fargo & Company for a number of months, seems to be less bullish one the $243.74B market cap company. The stock decreased 4.54% or $2.46 during the last trading session, reaching $51.78. About 33.28M shares traded or 51.41% up from the average. Wells Fargo & Company (NYSE:WFC) has risen 8.47% since December 5, 2017 and is uptrending. It has underperformed by 7.15% the S&P500. Some Historical WFC News: 14/03/2018 – WELLS FARGO DISCLOSES PAY FIGURES IN PROXY STATEMENT; 01/05/2018 – Markets Question Earnings Growth, Says Wells Fargo’s McMillion (Video); 07/03/2018 – Wells Fargo CEO Details Bank’s Relationships With Firearms Industry; 19/04/2018 – New York State Common Retirement Fund Will Also Vote Against Auditor and Wells Fargo’s Proposed Executive Compensation Plan; 04/05/2018 – Union Investment Achieves $480 Million Recovery for Shareholders in Wells Fargo Securities Class Action; 06/03/2018 – WALKING:-WELLS FARGO BANK PROVIDING $50M IN DIP/EXIT FINANCING; 20/04/2018 – Wells Fargo agrees to pay $1 billion to settle over loan abuses; 20/04/2018 – CONSUMER FINANCIAL PROTECTION BUREAU ANNOUNCES $1 BILLION SETTLEMENT WITH WELLS FARGO FOR ‘AUTO LOAN ADMINISTRATION AND MORTGAGE PRACTICES’; 13/04/2018 – WELLS FARGO WILL BOOST BRANCH CLOSURES TO 300 FROM 250 IN 2018; 10/05/2018 – S&PGR Withdraws Wells Fargo Bank Northwest N.A. Ratings

Glenmede Trust Company Na decreased its stake in Holly Energy Partners Lp (HEP) by 23.11% based on its latest 2018Q2 regulatory filing with the SEC. Glenmede Trust Company Na sold 14,500 shares as the company’s stock rose 1.82% with the market. The institutional investor held 48,237 shares of the energy company at the end of 2018Q2, valued at $1.36M, down from 62,737 at the end of the previous reported quarter. Glenmede Trust Company Na who had been investing in Holly Energy Partners Lp for a number of months, seems to be less bullish one the $2.96B market cap company. The stock decreased 1.61% or $0.46 during the last trading session, reaching $28.09. About 225,155 shares traded or 28.22% up from the average. Holly Energy Partners, L.P. (NYSE:HEP) has declined 15.66% since December 5, 2017 and is downtrending. It has underperformed by 31.28% the S&P500. Some Historical HEP News: 29/05/2018 – Klick Health’s Holly Henry & Sensei Labs’ Tara Vanderloo recognized on 2018 PM360 ELITE 100; 28/03/2018 – `The Americans’: Will Holly Taylor Inherit the Family Business?; 24/05/2018 – Rapper-turned-pop artist Al-Baseer Holly (ABH) mines childhood memories of cartoons for art exhibition that opens June 2; 11/05/2018 – WV MetroSources: Gupta: Hep A outbreak should be taken seriously but not time to panic; 01/05/2018 – Holly Energy Partners 1Q Rev $128.9M; 23/04/2018 – CA Senate Dems: April 23, 2018: Sen. Holly J. Mitchell on the Armenian Genocide anniversary; 21/05/2018 – Gilead’s Harvoni Falls After 2-Wk Rise, Epclusa Declines: Hep-C; 27/03/2018 – HOLLY FUTURES CO LTD – BOARD PROPOSED CASH FINAL DIVIDEND OF RMB0.08 PER SHARE; 20/04/2018 – DJ Holly Energy Partners LP, Inst Holders, 1Q 2018 (HEP); 09/05/2018 – HollyFrontier Corporation Announces Regular Cash Dividend

Investors sentiment increased to 1.23 in 2018 Q2. Its up 0.20, from 1.03 in 2018Q1. It is positive, as 7 investors sold HEP shares while 24 reduced holdings. 18 funds opened positions while 20 raised stakes. 30.32 million shares or 11.03% more from 27.31 million shares in 2018Q1 were reported. Goldman Sachs Group reported 0.01% in Holly Energy Partners, L.P. (NYSE:HEP). 46,561 were reported by Avalon Advsr Llc. Oppenheimer Comm stated it has 11,609 shares. Rafferty Asset Management Limited Liability Company invested 0.03% of its portfolio in Holly Energy Partners, L.P. (NYSE:HEP). Us National Bank De invested in 0% or 2,596 shares. 82,892 were accumulated by Blair William & Il. Regions Financial Corporation stated it has 3,391 shares or 0% of all its holdings. Tradewinds Management Limited Liability Company stated it has 700 shares. Moreover, Royal Bancorp Of Canada has 0% invested in Holly Energy Partners, L.P. (NYSE:HEP). Cullen Frost Bankers owns 23,400 shares. Glenmede Company Na, Pennsylvania-based fund reported 48,237 shares. Tortoise Cap Advisors Ltd Co owns 6.65 million shares for 1.21% of their portfolio. Energy Income Partners Llc invested in 2.81% or 5.44M shares. 245,846 were reported by Mcgowan Asset Mngmt Inc. The New York-based Global X Mngmt Com Limited Liability Corp has invested 0.02% in Holly Energy Partners, L.P. (NYSE:HEP).

Glenmede Trust Company Na, which manages about $24.77 billion US Long portfolio, upped its stake in Electr For Imaging Corp (NASDAQ:EFII) by 45,821 shares to 1.21M shares, valued at $39.31M in 2018Q2, according to the filing. It also increased its holding in Merck Co Inc (NYSE:MRK) by 3.17 million shares in the quarter, for a total of 4.28M shares, and has risen its stake in Alcoa Corp.

Among 14 analysts covering Holly Energy Partners (NYSE:HEP), 1 have Buy rating, 5 Sell and 8 Hold. Therefore 7% are positive. Holly Energy Partners had 31 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Monday, December 18 to “Sell”. As per Wednesday, August 5, the company rating was maintained by Barclays Capital. On Tuesday, September 8 the stock rating was maintained by Howard Weil with “Sector Perform”. The stock has “Buy” rating by Zacks on Friday, August 7. The stock of Holly Energy Partners, L.P. (NYSE:HEP) has “Mkt Perform” rating given on Thursday, January 12 by Raymond James. Piper Jaffray reinitiated Holly Energy Partners, L.P. (NYSE:HEP) on Friday, April 1 with “Overweight” rating. The stock of Holly Energy Partners, L.P. (NYSE:HEP) earned “Neutral” rating by UBS on Friday, March 2. Barclays Capital reinitiated the shares of HEP in report on Friday, November 10 with “Equal Weight” rating. The company was maintained on Tuesday, April 17 by Barclays Capital. JP Morgan maintained the stock with “Underweight” rating in Friday, August 24 report.

Since November 29, 2018, it had 0 insider purchases, and 1 insider sale for $144,100 activity.

More notable recent Holly Energy Partners, L.P. (NYSE:HEP) news were published by: Fool.com which released: “3 Dividend Stocks That Give You a Raise Each Quarter – The Motley Fool” on April 05, 2018, also Seekingalpha.com with their article: “Is HollyFrontier The Newest Refining Star? – Seeking Alpha” published on November 13, 2018, Fool.com published: “Is Holly Energy Partners’ Payout in Trouble? – Motley Fool” on August 06, 2018. More interesting news about Holly Energy Partners, L.P. (NYSE:HEP) were released by: Seekingalpha.com and their article: “Holly Energy Partners (HEP) Presents At Citi One-on-One MLP/Midstream Infrastructure Conference – Slideshow – Seeking Alpha” published on August 17, 2018 as well as Fool.com‘s news article titled: “Better Buy: Holly Energy Partners, LP vs. Phillips 66 Partners LP – Motley Fool” with publication date: June 25, 2018.

Analysts await Holly Energy Partners, L.P. (NYSE:HEP) to report earnings on February, 19. They expect $0.45 EPS, down 19.64% or $0.11 from last year’s $0.56 per share. HEP’s profit will be $47.45 million for 15.61 P/E if the $0.45 EPS becomes a reality. After $0.43 actual EPS reported by Holly Energy Partners, L.P. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on January, 11. They expect $1.19 earnings per share, up 22.68% or $0.22 from last year’s $0.97 per share. WFC’s profit will be $5.60B for 10.88 P/E if the $1.19 EPS becomes a reality. After $1.13 actual earnings per share reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 5.31% EPS growth.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Seekingalpha.com which released: “Wells Fargo Preferred Stock Went On Sale – Seeking Alpha” on November 09, 2018, also Fool.com with their article: “Stock Market Power Rankings: Microsoft Parties Like Its 2002 – The Motley Fool” published on December 02, 2018, Bizjournals.com published: “As stock market stumbles, here’s how Charlotte companies are faring – Charlotte Business Journal” on December 04, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Investorideas.com and their article: “CNBC Transcript: Wells Fargo (NYSE: $WFC) CEO Tim Sloan Speaks With CNBC’s Wilfred Frost Today On CNBC’s “squawk On The Street” – InvestorIdeas.com” published on December 04, 2018 as well as Bizjournals.com‘s news article titled: “Thomson Reuters unveils plan to close offices, cut workforce – New York Business Journal” with publication date: December 04, 2018.

Investors sentiment increased to 0.72 in 2018 Q2. Its up 0.13, from 0.59 in 2018Q1. It is positive, as 69 investors sold WFC shares while 705 reduced holdings. 113 funds opened positions while 443 raised stakes. 3.60 billion shares or 0.58% less from 3.62 billion shares in 2018Q1 were reported. Bank & Trust Of Nova Scotia Tru Company holds 0.17% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 27,721 shares. Diamond Hill Capital Mngmt, a Ohio-based fund reported 314,576 shares. Associated Banc has 167,412 shares. Csat Advisory Ltd Partnership stated it has 0% in Wells Fargo & Company (NYSE:WFC). 86,064 are held by Meiji Yasuda Life Company. Sg Americas Secs Ltd has 0.35% invested in Wells Fargo & Company (NYSE:WFC) for 696,986 shares. Ancora Advisors Ltd owns 0.18% invested in Wells Fargo & Company (NYSE:WFC) for 73,754 shares. Iowa National Bank invested in 105,207 shares. Mackenzie Corporation holds 0.73% or 5.17 million shares in its portfolio. Huntington National Bank & Trust holds 0.27% in Wells Fargo & Company (NYSE:WFC) or 294,618 shares. S&T Commercial Bank Pa stated it has 35,541 shares. Sequoia Advsrs Limited Liability Company holds 13,469 shares. Great West Life Assurance Can reported 3.95 million shares. Mcrae Cap Management invested in 0.17% or 7,198 shares. Old Mutual Global (Uk) Limited owns 37,537 shares.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 18 have Buy rating, 7 Sell and 14 Hold. Therefore 46% are positive. Wells Fargo & Company had 157 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Sell” rating by RBC Capital Markets on Monday, February 5. As per Friday, April 15, the company rating was downgraded by Piper Jaffray. The stock of Wells Fargo & Company (NYSE:WFC) earned “Neutral” rating by UBS on Monday, October 16. Jefferies maintained the shares of WFC in report on Tuesday, June 6 with “Hold” rating. On Thursday, January 4 the stock rating was maintained by Susquehanna with “Hold”. The firm has “Neutral” rating given on Wednesday, January 11 by UBS. The stock of Wells Fargo & Company (NYSE:WFC) earned “Overweight” rating by Barclays Capital on Tuesday, January 3. Susquehanna maintained Wells Fargo & Company (NYSE:WFC) rating on Sunday, February 4. Susquehanna has “Hold” rating and $60.0 target. The company was maintained on Friday, January 12 by RBC Capital Markets. As per Monday, October 9, the company rating was maintained by Citigroup.

Stoneridge Investment Partners Llc, which manages about $1.01 billion and $518.83 million US Long portfolio, upped its stake in Verizon Communications (NYSE:VZ) by 13,278 shares to 112,782 shares, valued at $5.67 million in 2018Q2, according to the filing. It also increased its holding in Range Resources Corp (NYSE:RRC) by 83,779 shares in the quarter, for a total of 240,169 shares, and has risen its stake in Schlumberger Limited (NYSE:SLB).

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

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