As Wells Fargo Co New (WFC) Stock Value Declined, Shareholder Shayne & Co Raised Its Position; As National Oilwell Varco (NOV) Shares Declined, Warren Averett Asset Management Boosted Stake

February 19, 2018 - By Linda Rogers

Shayne & Co increased its stake in Wells Fargo Co New (WFC) by 347.01% based on its latest 2017Q3 regulatory filing with the SEC. Shayne & Co bought 12,600 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 16,231 shares of the major banks company at the end of 2017Q3, valued at $895,000, up from 3,631 at the end of the previous reported quarter. Shayne & Co who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $293.25 billion market cap company. The stock decreased 0.12% or $0.07 during the last trading session, reaching $59.95. About 18.66M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 19, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Warren Averett Asset Management Llc increased its stake in National Oilwell Varco Inc (NOV) by 53.59% based on its latest 2017Q3 regulatory filing with the SEC. Warren Averett Asset Management Llc bought 16,622 shares as the company’s stock declined 11.45% while stock markets rallied. The institutional investor held 47,638 shares of the energy company at the end of 2017Q3, valued at $1.70 million, up from 31,016 at the end of the previous reported quarter. Warren Averett Asset Management Llc who had been investing in National Oilwell Varco Inc for a number of months, seems to be bullish on the $13.53 billion market cap company. The stock increased 1.37% or $0.48 during the last trading session, reaching $35.61. About 3.20M shares traded or 0.53% up from the average. National Oilwell Varco, Inc. (NYSE:NOV) has risen 11.97% since February 19, 2017 and is uptrending. It has underperformed by 4.73% the S&P500.

Among 34 analysts covering National Oilwell Varco (NYSE:NOV), 10 have Buy rating, 5 Sell and 19 Hold. Therefore 29% are positive. National Oilwell Varco had 119 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, February 4 with “Sector Perform”. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Tuesday, January 5. Argus Research downgraded the stock to “Hold” rating in Wednesday, August 5 report. On Wednesday, February 8 the stock rating was upgraded by Credit Suisse to “Neutral”. The stock of National Oilwell Varco, Inc. (NYSE:NOV) earned “Market Perform” rating by Cowen & Co on Thursday, February 4. The stock of National Oilwell Varco, Inc. (NYSE:NOV) has “Hold” rating given on Friday, June 2 by RBC Capital Markets. The company was maintained on Friday, April 29 by RBC Capital Markets. The stock has “Hold” rating by Tudor Pickering on Friday, March 24. The rating was maintained by Piper Jaffray on Monday, September 25 with “Buy”. As per Friday, January 19, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 0.85 in Q3 2017. Its up 0.18, from 0.67 in 2017Q2. It is positive, as 53 investors sold NOV shares while 189 reduced holdings. 49 funds opened positions while 157 raised stakes. 348.73 million shares or 2.54% more from 340.10 million shares in 2017Q2 were reported. Lsv Asset Mngmt has invested 0.17% in National Oilwell Varco, Inc. (NYSE:NOV). Lord Abbett Limited Com accumulated 0.02% or 187,200 shares. Alliancebernstein Limited Partnership holds 0.03% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV) for 1.26 million shares. Fernwood Investment Mngmt Ltd has invested 0.36% in National Oilwell Varco, Inc. (NYSE:NOV). Veritable LP has invested 0.01% in National Oilwell Varco, Inc. (NYSE:NOV). Legal & General Pcl reported 0.06% in National Oilwell Varco, Inc. (NYSE:NOV). Salem Invest Counselors holds 0.01% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV) for 3,350 shares. The Quebec – Canada-based Caisse De Depot Et Placement Du Quebec has invested 0.01% in National Oilwell Varco, Inc. (NYSE:NOV). Panagora Asset Mgmt owns 39,912 shares for 0.01% of their portfolio. State Treasurer State Of Michigan reported 115,278 shares. Eaton Vance Mngmt owns 0.02% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 250,612 shares. 31,586 were accumulated by Catawba Cap Va. Korea Inv Corporation stated it has 13,105 shares or 0% of all its holdings. Gam Ag holds 0.02% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV) for 12,866 shares. Private Harbour Mgmt Counsel Ltd Llc holds 7,140 shares.

Since November 17, 2017, it had 0 insider purchases, and 1 sale for $292,234 activity.

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It turned negative, 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. Personal Capital Advsr invested in 554,429 shares. St Germain D J Inc has 138,015 shares. Wallace Capital Mngmt holds 0.07% or 8,065 shares. Van Hulzen Asset Management Ltd Llc invested in 0.92% or 49,313 shares. Institute For Wealth Ltd Liability has 0.2% invested in Wells Fargo & Company (NYSE:WFC). Arkansas-based Natl Bank Of The Ozarks has invested 0.52% in Wells Fargo & Company (NYSE:WFC). Kentucky-based River Road Asset Management Ltd Liability has invested 1.32% in Wells Fargo & Company (NYSE:WFC). Baldwin Brothers Ma has 0.29% invested in Wells Fargo & Company (NYSE:WFC). Viking Fund Ltd Limited Liability Company holds 0.46% or 52,000 shares. Janney Mngmt Ltd invested 0.02% of its portfolio in Wells Fargo & Company (NYSE:WFC). Tiemann Limited Liability Corporation has invested 0.61% in Wells Fargo & Company (NYSE:WFC). Lowe Brockenbrough And, Virginia-based fund reported 94,182 shares. Ci Invests stated it has 5.55M shares. Sns Fincl Grp stated it has 0.15% in Wells Fargo & Company (NYSE:WFC). Strategic Wealth Advsr Gru Limited Liability Company reported 17,824 shares.

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