As Wells Fargo (WFC) Share Value Declined, Shareholder Farmers & Merchants Investments Trimmed by $1.63 Million Its Position; Shareholder Ranger Investment Management LP Raised Quaker Chemical (KWR) Holding

May 18, 2018 - By Winifred Garcia

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Ranger Investment Management Lp increased its stake in Quaker Chemical (KWR) by 141.2% based on its latest 2017Q4 regulatory filing with the SEC. Ranger Investment Management Lp bought 125,543 shares as the company’s stock declined 3.58% with the market. The institutional investor held 214,455 shares of the major chemicals company at the end of 2017Q4, valued at $32.34 million, up from 88,912 at the end of the previous reported quarter. Ranger Investment Management Lp who had been investing in Quaker Chemical for a number of months, seems to be bullish on the $2.05 billion market cap company. The stock increased 0.92% or $1.41 during the last trading session, reaching $154.16. About 41,639 shares traded. Quaker Chemical Corporation (NYSE:KWR) has risen 13.77% since May 18, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Farmers & Merchants Investments Inc decreased its stake in Wells Fargo (WFC) by 4.7% based on its latest 2017Q4 regulatory filing with the SEC. Farmers & Merchants Investments Inc sold 27,094 shares as the company’s stock declined 16.98% with the market. The institutional investor held 549,782 shares of the major banks company at the end of 2017Q4, valued at $33.36M, down from 576,876 at the end of the previous reported quarter. Farmers & Merchants Investments Inc who had been investing in Wells Fargo for a number of months, seems to be less bullish one the $264.21B market cap company. The stock decreased 1.49% or $0.82 during the last trading session, reaching $54.22. About 21.62 million shares traded or 7.40% up from the average. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since May 18, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

More important recent Quaker Chemical Corporation (NYSE:KWR) news were published by: Benzinga.com which released: “Earnings Scheduled For April 30, 2018” on April 30, 2018, also Prnewswire.com published article titled: “Fluid Solutions to Address Steel Manufacturing’s Most Challenging Processes”, Seekingalpha.com published: “Quaker Chemical’s (KWR) CEO Michael Barry on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. More interesting news about Quaker Chemical Corporation (NYSE:KWR) was released by: Globenewswire.com and their article: “Investor Expectations to Drive Momentum within Quaker Chemical, Ocular Therapeutix, Viad, Ingredion, LivePerson …” with publication date: May 03, 2018.

Ranger Investment Management Lp, which manages about $2.16B and $1.36 billion US Long portfolio, decreased its stake in Pra Health Sciences Inc. by 31,030 shares to 643,119 shares, valued at $58.57M in 2017Q4, according to the filing. It also reduced its holding in Mercury Systemsinc. (NASDAQ:MRCY) by 20,005 shares in the quarter, leaving it with 412,190 shares, and cut its stake in Cogent Communications Holdings (NASDAQ:CCOI).

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.04, from 1.07 in 2017Q3. It is negative, as 11 investors sold KWR shares while 56 reduced holdings. 25 funds opened positions while 44 raised stakes. 11.00 million shares or 2.94% more from 10.69 million shares in 2017Q3 were reported. Sei Investments owns 294 shares or 0% of their US portfolio. Aperio Gp Limited Liability Com holds 0% or 5,903 shares in its portfolio. Renaissance Technology Ltd Liability has 0.02% invested in Quaker Chemical Corporation (NYSE:KWR) for 120,200 shares. Amalgamated Bancshares holds 0.01% of its portfolio in Quaker Chemical Corporation (NYSE:KWR) for 1,904 shares. Winslow Evans & Crocker reported 0.24% in Quaker Chemical Corporation (NYSE:KWR). Sterling Cap Mngmt Ltd owns 6,793 shares. 2,425 are held by Mark Sheptoff Planning Limited Liability Company. Parametric Port Associate reported 0% in Quaker Chemical Corporation (NYSE:KWR). Advisory Network Ltd Limited Liability Company has invested 0.02% in Quaker Chemical Corporation (NYSE:KWR). Brown Brothers Harriman & accumulated 86 shares or 0% of the stock. Advsrs Asset Inc holds 0.01% or 4,202 shares in its portfolio. Ubs Asset Mngmt Americas Inc has 7,731 shares. Everence Capital Mgmt invested 0.05% in Quaker Chemical Corporation (NYSE:KWR). Manufacturers Life The holds 9,902 shares or 0% of its portfolio. Proshare Advsr Ltd Liability owns 52,632 shares.

Among 5 analysts covering Quaker Chemical Corp (NYSE:KWR), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Quaker Chemical Corp had 15 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Monday, May 2 by Seaport Global. As per Friday, March 16, the company rating was maintained by Seaport Global. The company was maintained on Wednesday, July 19 by Jefferies. Jefferies maintained the stock with “Hold” rating in Thursday, June 15 report. The rating was downgraded by Jefferies to “Hold” on Tuesday, February 16. The stock of Quaker Chemical Corporation (NYSE:KWR) earned “Accumulate” rating by Seaport Global on Wednesday, January 13. On Monday, October 16 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating given on Friday, April 7 by Jefferies. Jefferies maintained the stock with “Hold” rating in Thursday, August 31 report. Wunderlich maintained it with “Hold” rating and $115 target in Thursday, October 27 report.

Since March 1, 2018, it had 0 buys, and 7 sales for $1.81 million activity. The insider BERQUIST JOSEPH A sold $298,260. The insider STEEPLES ADRIAN sold 1,957 shares worth $294,215. 791 Quaker Chemical Corporation (NYSE:KWR) shares with value of $118,650 were sold by Nieman Jan. 397 shares were sold by Matrange Joseph F, worth $61,670 on Wednesday, March 7. BARRY MICHAEL F also sold $200,160 worth of Quaker Chemical Corporation (NYSE:KWR) shares.

Farmers & Merchants Investments Inc, which manages about $1.37 billion US Long portfolio, upped its stake in Broadcom Ltd by 2,989 shares to 16,422 shares, valued at $4.22 million in 2017Q4, according to the filing. It also increased its holding in Ishares Russell 2000 Index Fund (IWM) by 6,765 shares in the quarter, for a total of 133,342 shares, and has risen its stake in Ishares S&P Small Cap 600 Index Etf (IJR).

Investors sentiment increased to 0.75 in Q4 2017. Its up 0.02, from 0.73 in 2017Q3. It improved, as 63 investors sold WFC shares while 746 reduced holdings. 138 funds opened positions while 466 raised stakes. 3.64 billion shares or 0.11% less from 3.65 billion shares in 2017Q3 were reported. Mondrian Investment Prns reported 1.38 million shares. Cullen Capital Mngmt Ltd stated it has 1.18 million shares or 2.47% of all its holdings. Mutual Of Omaha Bancorp Wealth Management stated it has 3,845 shares or 0.06% of all its holdings. 18,189 were accumulated by Grandfield Dodd Limited Liability Corporation. Mirador Partners Limited Partnership stated it has 1.83% in Wells Fargo & Company (NYSE:WFC). Hirtle Callaghan & Co Limited Liability accumulated 42,000 shares. Litman Gregory Asset Management Ltd Llc invested in 0.01% or 700 shares. Lee Danner And Bass reported 90,357 shares stake. Toth Fincl Advisory reported 0.01% stake. Norris Perne French Llp Mi stated it has 128,534 shares. Lsv Asset Management owns 3.12 million shares for 0.3% of their portfolio. Culbertson A N & Commerce holds 119,983 shares. Burt Wealth has invested 0.23% in Wells Fargo & Company (NYSE:WFC). Camarda Advisors Limited Com, a Florida-based fund reported 758 shares. Intersect Lc owns 51,294 shares for 1.68% of their portfolio.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: 247Wallst.com which released: “Wells Fargo’s Tim Sloan Remains One of America’s Worst CEOs” on May 05, 2018, also Livetradingnews.com with their article: “Wells Fargo & Company (NYSE:WFC) Heffx Technical Review” published on May 17, 2018, 247Wallst.com published: “Wells Fargo Settles Federal Claims for $1 Billion” on April 20, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Seekingalpha.com and their article: “Wells Fargo: Where Is The Upside?” published on May 03, 2018 as well as 247Wallst.com‘s news article titled: “6 Most Important Things in Business Today” with publication date: April 27, 2018.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 17 have Buy rating, 8 Sell and 14 Hold. Therefore 44% are positive. Wells Fargo & Company had 149 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained Wells Fargo & Company (NYSE:WFC) rating on Thursday, June 22. RBC Capital Markets has “Buy” rating and $6000 target. Sandler O’Neill upgraded the stock to “Buy” rating in Wednesday, September 2 report. Bank of America maintained it with “Buy” rating and $69 target in Monday, February 5 report. The firm has “Hold” rating given on Friday, July 14 by Oppenheimer. The stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, April 4. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Thursday, December 7 by Vertical Group. The stock of Wells Fargo & Company (NYSE:WFC) has “Outperform” rating given on Tuesday, January 12 by Keefe Bruyette & Woods. The company was maintained on Thursday, September 28 by Keefe Bruyette & Woods. The company was initiated on Wednesday, July 13 by Berenberg. RBC Capital Markets maintained Wells Fargo & Company (NYSE:WFC) rating on Wednesday, August 30. RBC Capital Markets has “Buy” rating and $60.0 target.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on July, 13. They expect $1.12 EPS, up 4.67% or $0.05 from last year’s $1.07 per share. WFC’s profit will be $5.46 billion for 12.10 P/E if the $1.12 EPS becomes a reality. After $1.12 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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

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