HighTower Advisors LLC increased its stake in Wells Fargo & Company by 7.1% in the third quarter, bringing its total holding to 3,431,334 shares valued at $287.61 million. Other institutional investors like Vanguard Group Inc. and Norges Bank also hold significant positions, with institutional ownership now at approximately 75.90%. Analysts maintain a “Moderate Buy” rating for WFC with an average price target of $97.03, following the company’s recent earnings beat and dividend announcement.
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HighTower Advisors LLC Has $287.61 Million Stock Position in Wells Fargo & Company $WFC
HighTower Advisors LLC increased its stake in Wells Fargo & Company by 7.1% in the third quarter, bringing its total holding to 3,431,334 shares valued at $287.61 million. Other institutional investors like Vanguard Group Inc. and Norges Bank also hold significant positions, with institutional ownership now at approximately 75.90%. Analysts maintain a “Moderate Buy” rating for WFC with an average price target of $97.03, following the company’s recent earnings beat and dividend announcement.