Baltimore-Washington Financial Advisors Has Cut Wells Fargo & Co Com (WFC) Holding as Stock Value Declined; Automatic Data Processing In (ADP) Holding Maintained by Cape Cod Five Cents Savings Bank

January 20, 2018 - By Marie Mckinney

Baltimore-Washington Financial Advisors Inc decreased its stake in Wells Fargo & Co Com (WFC) by 94.79% based on its latest 2017Q3 regulatory filing with the SEC. Baltimore-Washington Financial Advisors Inc sold 141,576 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 7,775 shares of the major banks company at the end of 2017Q3, valued at $429,000, down from 149,351 at the end of the previous reported quarter. Baltimore-Washington Financial Advisors Inc who had been investing in Wells Fargo & Co Com for a number of months, seems to be less bullish one the $316.24 billion market cap company. The stock increased 0.42% or $0.27 during the last trading session, reaching $64.22. About 16.52 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since January 20, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Cape Cod Five Cents Savings Bank increased its stake in Automatic Data Processing In (ADP) by 11.31% based on its latest 2017Q3 regulatory filing with the SEC. Cape Cod Five Cents Savings Bank bought 3,147 shares as the company’s stock declined 1.06% while stock markets rallied. The institutional investor held 30,969 shares of the technology company at the end of 2017Q3, valued at $3.39 million, up from 27,822 at the end of the previous reported quarter. Cape Cod Five Cents Savings Bank who had been investing in Automatic Data Processing In for a number of months, seems to be bullish on the $53.86 billion market cap company. The stock increased 0.45% or $0.54 during the last trading session, reaching $121.44. About 1.96M shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 20, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Baltimore-Washington Financial Advisors Inc, which manages about $451.99M and $440.32 million US Long portfolio, upped its stake in Omega Healthcare Investors Inc Com (NYSE:OHI) by 12,690 shares to 244,212 shares, valued at $7.79 million in 2017Q3, according to the filing. It also increased its holding in Visa Inc Class A (NYSE:V) by 4,718 shares in the quarter, for a total of 84,290 shares, and has risen its stake in Laboratory Corp Of America Com (NYSE:LH).

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It dived, as 92 investors sold WFC shares while 725 reduced holdings. 103 funds opened positions while 495 raised stakes. 3.65 billion shares or 0.40% less from 3.66 billion shares in 2017Q2 were reported. Parthenon Lc invested 0.07% of its portfolio in Wells Fargo & Company (NYSE:WFC). Smithbridge Asset Inc De has invested 0.47% of its portfolio in Wells Fargo & Company (NYSE:WFC). Denver Inv Advisors Limited Liability holds 0.11% in Wells Fargo & Company (NYSE:WFC) or 40,277 shares. C Ww Wide Gru Inc A S stated it has 5.98M shares or 4.69% of all its holdings. Merriman Wealth Mngmt Lc reported 0.05% of its portfolio in Wells Fargo & Company (NYSE:WFC). Security National Trust holds 0.55% or 30,098 shares. Moreover, Pacific Glob Investment Management has 0.24% invested in Wells Fargo & Company (NYSE:WFC) for 19,197 shares. Guardian Co holds 0.64% or 669,667 shares. Culbertson A N And Com reported 121,488 shares. Financial Advisory Gp owns 5,537 shares. Advsr Asset Management Inc holds 0.19% in Wells Fargo & Company (NYSE:WFC) or 203,386 shares. 145,404 are held by Nbt Natl Bank N A New York. Mechanics National Bank Department holds 51,582 shares or 0.68% of its portfolio. Inverness Counsel Limited Liability Corp New York reported 42,815 shares or 0.17% of all its holdings. Whalerock Point Prns Lc has 0.35% invested in Wells Fargo & Company (NYSE:WFC).

Among 36 analysts covering Wells Fargo & Company (NYSE:WFC), 17 have Buy rating, 5 Sell and 14 Hold. Therefore 47% are positive. Wells Fargo & Company had 118 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Nomura on Monday, April 25 with “Buy”. Robert W. Baird maintained Wells Fargo & Company (NYSE:WFC) rating on Friday, November 10. Robert W. Baird has “Buy” rating and $58.0 target. The rating was maintained by RBC Capital Markets on Thursday, July 27 with “Buy”. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, January 2. Susquehanna downgraded the stock to “Neutral” rating in Thursday, December 1 report. BMO Capital Markets maintained Wells Fargo & Company (NYSE:WFC) on Friday, July 14 with “Sell” rating. The firm earned “Hold” rating on Wednesday, January 18 by Argus Research. The stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, September 28. The rating was maintained by Keefe Bruyette & Woods on Friday, August 25 with “Buy”. The stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by RBC Capital Markets on Monday, November 13.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 51 analyst reports since August 3, 2015 according to SRatingsIntel. William Blair downgraded Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, July 21 to “Market Perform” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, November 2. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, July 28 report. The rating was maintained by Topeka Capital Markets with “Sell” on Thursday, October 29. The rating was maintained by Stifel Nicolaus on Monday, August 28 with “Hold”. RBC Capital Markets maintained it with “Hold” rating and $100.0 target in Monday, November 6 report. The company was upgraded on Monday, August 31 by William Blair. Goldman Sachs upgraded Automatic Data Processing, Inc. (NASDAQ:ADP) on Monday, December 11 to “Buy” rating. The rating was upgraded by Evercore on Monday, July 31 to “In-Line”. The rating was downgraded by Morgan Stanley on Thursday, August 3 to “Underweight”.

Since September 1, 2017, it had 0 buys, and 19 insider sales for $30.33 million activity. $659,979 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares were sold by JONES JOHN P III. $55,346 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Sackman Stuart. Ayala John sold 6,508 shares worth $755,123. Dyson Deborah L sold $184,720 worth of stock or 1,592 shares. Another trade for 25,115 shares valued at $2.91 million was made by O’Brien Dermot J on Monday, January 1. 95,756 Automatic Data Processing, Inc. (NASDAQ:ADP) shares with value of $11.31 million were sold by Rodriguez Carlos A.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It worsened, as 60 investors sold ADP shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Rhumbline Advisers reported 833,613 shares. Regent Management Ltd Com invested in 9,379 shares. Community Bancorp Na invested in 0.3% or 24,687 shares. Armstrong Henry H Associate accumulated 0.44% or 22,264 shares. British Columbia Investment Mngmt reported 238,020 shares. Btr Management has 0.12% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 5,510 shares. Patten Patten Tn holds 0.11% or 9,184 shares in its portfolio. Amf Pensionsforsakring invested in 68,250 shares or 0.08% of the stock. Blb&B Advsrs accumulated 42,475 shares. Orrstown Services stated it has 100 shares. Oxbow Advsrs Ltd has invested 0.53% in Automatic Data Processing, Inc. (NASDAQ:ADP). Barr E S And Company has invested 0.03% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Davenport Communications Limited Liability Co has invested 0.02% in Automatic Data Processing, Inc. (NASDAQ:ADP). Newman Dignan And Sheerar holds 0.31% or 5,389 shares in its portfolio. Bokf Na reported 52,735 shares.

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