Horan Capital Management Lowered Monsanto Co (MON) Holding By $637,790; State Treasurer State Of Michigan Lowered Wells Fargo Co New (WFC) Holding By $18.76 Million

December 6, 2017 - By Henry Gaston

State Treasurer State Of Michigan decreased Wells Fargo Co New (WFC) stake by 6.22% reported in 2017Q2 SEC filing. State Treasurer State Of Michigan sold 341,000 shares as Wells Fargo Co New (WFC)’s stock

declined 8.66%. The State Treasurer State Of Michigan holds 5.14 million shares with $284.81 million value, down from 5.48 million last quarter. Wells Fargo Co New now has $288.77 billion valuation. The stock increased 0.16% or $0.0931 during the last trading session, reaching $58.6431. About 11.28M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since December 6, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Horan Capital Management decreased Monsanto Co (MON) stake by 8% reported in 2017Q2 SEC filing. Horan Capital Management sold 5,405 shares as Monsanto Co (MON)’s stock rose 6.51%. The Horan Capital Management holds 62,175 shares with $7.36 million value, down from 67,580 last quarter. Monsanto Co now has $51.96B valuation. The stock decreased 0.20% or $0.235 during the last trading session, reaching $118.025. About 794,251 shares traded. Monsanto Company (NYSE:MON) has risen 15.46% since December 6, 2016 and is uptrending. It has underperformed by 1.24% the S&P500.

Among 23 analysts covering Monsanto Company (NYSE:MON), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Monsanto Company had 60 analyst reports since August 25, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of MON in report on Wednesday, October 4 with “Buy” rating. On Thursday, October 6 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Citigroup downgraded the stock to “Hold” rating in Monday, March 14 report. The stock has “Neutral” rating by Citigroup on Friday, July 1. Goldman Sachs upgraded the stock to “Neutral” rating in Tuesday, September 27 report. Wells Fargo maintained the stock with “Market Perform” rating in Tuesday, October 10 report. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, August 27 report. As per Monday, April 11, the company rating was maintained by Goldman Sachs. The firm has “Underperform” rating by Bernstein given on Friday, September 11. RBC Capital Markets maintained Monsanto Company (NYSE:MON) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $12800 target.

Horan Capital Management increased Berkshire Hathaway Inc. Cl B (BRKB) stake by 2,846 shares to 170,737 valued at $28.92 million in 2017Q2. It also upped Vanguard Short Term Bond Etf (BSV) stake by 9,131 shares and now owns 52,745 shares. Alphabet Inc Class C was raised too.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.06, from 1.04 in 2017Q1. It is negative, as 56 investors sold MON shares while 318 reduced holdings. 91 funds opened positions while 275 raised stakes. 308.94 million shares or 3.25% less from 319.32 million shares in 2017Q1 were reported. Charter Tru holds 0.14% or 9,845 shares. Aberdeen Asset Management Public Ltd Co Uk accumulated 335,002 shares or 0.13% of the stock. King Luther Cap Management invested 1.05% of its portfolio in Monsanto Company (NYSE:MON). 194,000 were reported by Sheffield Asset Mngmt Limited Com. Greenleaf has invested 0.16% in Monsanto Company (NYSE:MON). Fukoku Mutual Life Insur holds 0.04% or 2,500 shares. Steinberg Global Asset owns 17,921 shares. Temasek (Private) Limited holds 0.16% of its portfolio in Monsanto Company (NYSE:MON) for 215,534 shares. 17,006 were accumulated by Estabrook Cap Management. Lafleur Godfrey Ltd Limited Liability Company holds 0.85% of its portfolio in Monsanto Company (NYSE:MON) for 27,419 shares. Peak6 Invs LP holds 0.01% of its portfolio in Monsanto Company (NYSE:MON) for 20,272 shares. Capital Innovations Llc holds 2.78% or 6,143 shares in its portfolio. Lagoda Inv Ltd Partnership owns 147,935 shares or 6.69% of their US portfolio. Argentiere Ag holds 10.31% of its portfolio in Monsanto Company (NYSE:MON) for 260,000 shares. Banque Pictet And Cie invested in 0% or 1,725 shares.

Since June 13, 2017, it had 0 buys, and 1 insider sale for $875,927 activity. HOLLOWAY JANET M sold $875,927 worth of stock.

Analysts await Monsanto Company (NYSE:MON) to report earnings on January, 4. They expect $0.38 EPS, up 80.95% or $0.17 from last year’s $0.21 per share. MON’s profit will be $167.28 million for 77.65 P/E if the $0.38 EPS becomes a reality. After $0.20 actual EPS reported by Monsanto Company for the previous quarter, Wall Street now forecasts 90.00% EPS growth.

State Treasurer State Of Michigan increased Alexion Pharmaceuticals Inc (NASDAQ:ALXN) stake by 100,000 shares to 373,778 valued at $45.48 million in 2017Q2. It also upped Exxon Mobil Corp (NYSE:XOM) stake by 30,500 shares and now owns 1.39M shares. Geo Group Inc New (NYSE:GEO) was raised too.

Investors sentiment increased to 0.88 in 2017 Q2. Its up 0.12, from 0.76 in 2017Q1. It increased, as 85 investors sold WFC shares while 685 reduced holdings. 110 funds opened positions while 566 raised stakes. 3.66 billion shares or 1.73% less from 3.73 billion shares in 2017Q1 were reported. Rampart Invest Limited Liability Corp holds 1.01% or 50,558 shares in its portfolio. Grisanti Capital Management Limited Liability reported 7.6% in Wells Fargo & Company (NYSE:WFC). Pettyjohn Wood White Inc accumulated 0.74% or 35,824 shares. Parametric Port Assoc Ltd Liability Co holds 0.71% in Wells Fargo & Company (NYSE:WFC) or 10.47M shares. Somerset Gru Limited Liability has 3.7% invested in Wells Fargo & Company (NYSE:WFC). 411,135 were reported by River & Mercantile Asset Mngmt Llp. Continental Advisors Limited Company accumulated 123,716 shares. Kornitzer Ks holds 0.37% in Wells Fargo & Company (NYSE:WFC) or 376,695 shares. Security Natl Trust invested 0.58% of its portfolio in Wells Fargo & Company (NYSE:WFC). Connors Investor owns 266,438 shares. Willis Investment Counsel accumulated 1.56% or 373,524 shares. Massachusetts Commerce Ma, Massachusetts-based fund reported 46.04M shares. Davidson Inv Advsrs holds 137,326 shares. Cypress Asset Mgmt Tx has invested 2.17% of its portfolio in Wells Fargo & Company (NYSE:WFC). Charter Trust invested 0.59% of its portfolio in Wells Fargo & Company (NYSE:WFC).

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on January, 12. They expect $1.04 earnings per share, up 0.97% or $0.01 from last year’s $1.03 per share. WFC’s profit will be $5.12 billion for 14.10 P/E if the $1.04 EPS becomes a reality. After $1.04 actual earnings per share reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since June 8, 2017, it had 0 insider buys, and 1 sale for $1.34 million activity. Pelos Petros G sold 24,708 shares worth $1.34M. On Thursday, June 8 the insider Mack Mary T sold $2.05 million.

Among 32 analysts covering Wells Fargo & Company (NYSE:WFC), 13 have Buy rating, 5 Sell and 14 Hold. Therefore 41% are positive. Wells Fargo & Company had 103 analyst reports since July 29, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Monday, July 18 report. On Tuesday, January 3 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating given on Tuesday, January 19 by Argus Research. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, September 28. The stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by Nomura on Thursday, September 28. The firm has “Sell” rating by Raymond James given on Tuesday, August 8. The stock of Wells Fargo & Company (NYSE:WFC) has “Mkt Perform” rating given on Monday, October 17 by Keefe Bruyette & Woods. The rating was upgraded by Sandler O’Neill to “Buy” on Wednesday, September 2. The stock of Wells Fargo & Company (NYSE:WFC) has “Outperform” rating given on Monday, September 19 by Robert W. Baird. The stock of Wells Fargo & Company (NYSE:WFC) earned “Neutral” rating by UBS on Monday, October 16.

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