Ally Financial Has Increased By $8.25 Million Its Wells Fargo & Co (WFC) Holding; Champlain Investment Partners Boosted Independent Bank Corp. (INDB) Holding

January 14, 2018 - By Marie Mckinney

Ally Financial Inc increased Wells Fargo & Co (WFC) stake by 107.14% reported in 2017Q3 SEC filing. Ally Financial Inc acquired 150,000 shares as Wells Fargo & Co (WFC)’s stock declined 8.66%. The Ally Financial Inc holds 290,000 shares with $15.99M value, up from 140,000 last quarter. Wells Fargo & Co now has $308.01B valuation. The stock decreased 0.73% or $0.46 during the last trading session, reaching $62.55. About 25.89 million shares traded or 37.66% up from the average. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since January 14, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Champlain Investment Partners Llc increased Independent Bank Corp. (INDB) stake by 0.74% reported in 2017Q3 SEC filing. Champlain Investment Partners Llc acquired 4,764 shares as Independent Bank Corp. (INDB)’s stock declined 4.08%. The Champlain Investment Partners Llc holds 649,050 shares with $48.45M value, up from 644,286 last quarter. Independent Bank Corp. now has $2.03B valuation. The stock increased 1.17% or $0.85 during the last trading session, reaching $73.8. About 79,016 shares traded or 3.34% up from the average. Independent Bank Corp. (NASDAQ:INDB) has risen 30.83% since January 14, 2017 and is uptrending. It has outperformed by 14.13% the S&P500.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.46, from 1.63 in 2017Q2. It dropped, as 9 investors sold INDB shares while 43 reduced holdings. 15 funds opened positions while 46 raised stakes. 21.80 million shares or 4.23% more from 20.92 million shares in 2017Q2 were reported. Winslow Evans Crocker Inc has invested 0.03% in Independent Bank Corp. (NASDAQ:INDB). Fisher Asset Ltd Com invested in 0.01% or 62,216 shares. Rhumbline Advisers owns 59,520 shares for 0.01% of their portfolio. Gsa Prtn Limited Liability Partnership owns 4,966 shares or 0.03% of their US portfolio. National Planning holds 4,364 shares. Denver Limited Liability Company holds 0.81% or 221,256 shares. Moreover, Wasatch Advsr Inc has 0.56% invested in Independent Bank Corp. (NASDAQ:INDB). 984,369 are held by Victory Mgmt. Fincl Bank Of America Corporation De holds 0% or 110,697 shares in its portfolio. Swiss Comml Bank owns 0% invested in Independent Bank Corp. (NASDAQ:INDB) for 45,000 shares. Pub Employees Retirement Association Of Colorado accumulated 6,705 shares. Hancock Co holds 0.04% or 14,000 shares. Comerica National Bank has invested 0.01% in Independent Bank Corp. (NASDAQ:INDB). 722,104 were reported by Macquarie Grp Incorporated. State Of Alaska Department Of Revenue holds 5,406 shares.

Since October 25, 2017, it had 0 insider buys, and 2 sales for $134,001 activity. RIBEIRO CARL also sold $48,475 worth of Independent Bank Corp. (NASDAQ:INDB) shares. 1,200 Independent Bank Corp. (NASDAQ:INDB) shares with value of $85,526 were sold by MISKELL EILEEN C.

Champlain Investment Partners Llc decreased Brady Corporation Class A (NYSE:BRC) stake by 102,299 shares to 726,780 valued at $27.58M in 2017Q3. It also reduced Omnicell Inc. (NASDAQ:OMCL) stake by 183,628 shares and now owns 1.47M shares. Steris Plc was reduced too.

Among 8 analysts covering Independent Bank (NASDAQ:INDB), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Independent Bank had 22 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was upgraded by Compass Point on Monday, December 18 to “Buy”. Compass Point upgraded the shares of INDB in report on Wednesday, March 29 to “Neutral” rating. The firm has “Sell” rating given on Wednesday, August 31 by Sandler O’Neill. The firm earned “Neutral” rating on Wednesday, October 11 by Compass Point. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Sunday, July 23. The stock has “Hold” rating by Piper Jaffray on Monday, July 24. Keefe Bruyette & Woods maintained the shares of INDB in report on Monday, June 26 with “Hold” rating. Compass Point maintained the shares of INDB in report on Friday, October 16 with “Neutral” rating. Zacks downgraded the stock to “Buy” rating in Wednesday, August 26 report. The company was downgraded on Tuesday, September 20 by Compass Point.

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.15, from 0.88 in 2017Q2. It fall, 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. Bourgeon Cap Limited Liability invested in 0.28% or 8,494 shares. Beck Mack And Oliver Ltd Liability Company owns 0.18% invested in Wells Fargo & Company (NYSE:WFC) for 101,939 shares. Northern Mngmt Ltd Com accumulated 0.78% or 45,771 shares. 157,104 are owned by Bridges Inv Mgmt. Kings Point stated it has 1.04% of its portfolio in Wells Fargo & Company (NYSE:WFC). Weatherly Asset Mngmt Ltd Partnership owns 20,265 shares or 0.3% of their US portfolio. Pennsylvania Tru invested 0.5% in Wells Fargo & Company (NYSE:WFC). Heritage Mngmt has 0.88% invested in Wells Fargo & Company (NYSE:WFC). Homrich & Berg invested in 23,227 shares. Spears Abacus Advsr Ltd Liability Company invested in 32,635 shares. Confluence Management Llc has 6,497 shares. 3,229 were accumulated by Ironwood Ltd Liability. Us-based Ancora Ltd has invested 0.36% in Wells Fargo & Company (NYSE:WFC). Laurel Grove Cap Limited Liability Co holds 23,000 shares. Sather Gp, Texas-based fund reported 177,266 shares.

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 115 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup maintained Wells Fargo & Company (NYSE:WFC) on Monday, October 9 with “Buy” rating. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Tuesday, January 9 by Sandler O’Neill. The firm has “Buy” rating given on Friday, November 10 by Robert W. Baird. The company was upgraded on Thursday, January 7 by Citigroup. The firm has “Neutral” rating by UBS given on Friday, October 6. Guggenheim upgraded the shares of WFC in report on Wednesday, July 29 to “Buy” rating. The stock of Wells Fargo & Company (NYSE:WFC) has “Sell” rating given on Thursday, March 24 by UBS. The rating was maintained by BMO Capital Markets with “Hold” on Friday, October 6. Robert W. Baird maintained it with “Buy” rating and $58.0 target in Friday, October 6 report. The firm has “Buy” rating given on Thursday, July 27 by RBC Capital Markets.

Ally Financial Inc decreased Vanguard Ftse Emerging Markets Etf (VWO) stake by 225,000 shares to 80,000 valued at $3.49 million in 2017Q3. It also reduced Apple Inc (NASDAQ:AAPL) stake by 25,000 shares and now owns 40,000 shares. Vanguard Ftse Developed Markets Etf (VEA) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts