Capstone Asset Management Company Has Lowered Wells Fargo & Co (WFC) Stake By $1.67 Million, Marriott International (MAR) Sentiment Is 0.85

June 19, 2017 - By Marie Mckinney

Marriott International, Inc. is a lodging company. The company has market cap of $39.50 billion. Marriott International operates in three business divisions: North American Full-Service, North American Limited-Service and International. It has a 37.72 P/E ratio. The Company’s North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Capstone Asset Management Company decreased Wells Fargo & Co (WFC) stake by 8.18% reported in 2016Q4 SEC filing. Capstone Asset Management Company sold 30,411 shares as Wells Fargo & Co (WFC)’s stock declined 8.66%. The Capstone Asset Management Company holds 341,193 shares with $18.80 million value, down from 371,604 last quarter. Wells Fargo & Co now has $269.26 billion valuation. The stock decreased 0.02% or $0.01 on June 16, reaching $53.89. About shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since June 19, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Analysts await Wells Fargo & Co (NYSE:WFC) to report earnings on July, 21. They expect $1.04 earnings per share, up 2.97% or $0.03 from last year’s $1.01 per share. WFC’s profit will be $5.20B for 12.95 P/E if the $1.04 EPS becomes a reality. After $1.00 actual earnings per share reported by Wells Fargo & Co for the previous quarter, Wall Street now forecasts 4.00% EPS growth.

Since March 3, 2017, it had 1 insider purchase, and 7 selling transactions for $397.31 million activity. 20,000 shares were sold by Hardison Hope A., worth $1.04M. $1.34 million worth of Wells Fargo & Co (NYSE:WFC) shares were sold by Pelos Petros G. Another trade for 38,988 shares valued at $2.05 million was sold by Mack Mary T. Another trade for 20,000 shares valued at $1.04M was made by Loughlin Michael J on Tuesday, March 21. SARGENT RONALD also bought $499,108 worth of Wells Fargo & Co (NYSE:WFC) on Friday, May 5. 117,704 shares were sold by CARROLL DAVID M, worth $6.95 million. 7.13 million shares were sold by BERKSHIRE HATHAWAY INC, worth $383.92M on Monday, April 10.

Capstone Asset Management Company increased Allstate Corp (NYSE:ALL) stake by 99,865 shares to 148,640 valued at $11.02 million in 2016Q4. It also upped Telus Corp Com (NYSE:TU) stake by 9,759 shares and now owns 241,199 shares. Gilead Sciences Inc (NASDAQ:GILD) was raised too.

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.30, from 0.97 in 2016Q3. It turned negative, as 112 investors sold WFC shares while 836 reduced holdings. 149 funds opened positions while 487 raised stakes. 3.70 billion shares or 2.97% more from 3.60 billion shares in 2016Q3 were reported. Moreover, Smithbridge Asset Mngmt Inc De has 0.24% invested in Wells Fargo & Co (NYSE:WFC) for 4,877 shares. Adirondack Company holds 0.18% in Wells Fargo & Co (NYSE:WFC) or 4,652 shares. 11.07 million are held by Pnc Fincl Ser Inc. Twin Tree Limited Partnership holds 0.05% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 85,051 shares. The Illinois-based Segall Bryant & Hamill Limited Liability Company has invested 0.34% in Wells Fargo & Co (NYSE:WFC). Paloma Prtnrs Mngmt has invested 0.03% in Wells Fargo & Co (NYSE:WFC). Tortoise Investment Mngmt Ltd Liability Corp stated it has 300 shares or 0.01% of all its holdings. 781,263 were reported by Teachers Retirement Sys Of The State Of Kentucky. Pvg Asset Mngmt holds 19,301 shares. Northstar Investment Ltd Liability Corporation holds 15,669 shares. Premier Asset Managment Limited Com owns 0.42% invested in Wells Fargo & Co (NYSE:WFC) for 29,200 shares. Tower Ltd Liability (Trc) reported 0.81% stake. Delphi Management Ma reported 1.43% in Wells Fargo & Co (NYSE:WFC). 131,925 are held by Cramer Rosenthal Mcglynn Ltd Llc. Meiji Yasuda Asset Management Communications Ltd has invested 1.17% in Wells Fargo & Co (NYSE:WFC).

Among 30 analysts covering Wells Fargo & Company (NYSE:WFC), 13 have Buy rating, 5 Sell and 12 Hold. Therefore 43% are positive. Wells Fargo & Company had 69 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Monday, July 18 by Barclays Capital. Argus Research maintained the shares of WFC in report on Tuesday, January 19 with “Buy” rating. The rating was downgraded by Credit Suisse to “Neutral” on Thursday, February 16. On Tuesday, September 20 the stock rating was upgraded by Morgan Stanley to “Overweight”. BMO Capital Markets downgraded it to “Underperform” rating and $47 target in Friday, November 18 report. On Thursday, March 24 the stock rating was initiated by UBS with “Sell”. On Wednesday, April 12 the stock rating was maintained by Evercore with “Outperform”. The firm has “Underweight” rating given on Friday, April 15 by Piper Jaffray. RBC Capital Markets maintained it with “Outperform” rating and $60 target in Friday, October 16 report. The firm has “Underperform” rating given on Friday, September 25 by Macquarie Research.

The stock decreased 0.23% or $0.24 on June 16, reaching $104.5. About shares traded. Marriott International Inc (MAR) has risen 58.26% since June 19, 2016 and is uptrending. It has outperformed by 41.56% the S&P500.

Ratings analysis reveals 50% of Marriott’s analysts are positive. Out of 6 Wall Street analysts rating Marriott, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $66.0 while the high is $90.0. The stock’s average target of $75.33 is -27.91% below today’s ($104.5) share price. MAR was included in 6 notes of analysts from September 23, 2016. The stock has “Overweight” rating by Morgan Stanley on Monday, September 26. As per Tuesday, February 21, the company rating was downgraded by SunTrust. The stock of Marriott International Inc (NASDAQ:MAR) earned “Buy” rating by M Partners on Monday, December 5. As per Monday, September 26, the company rating was initiated by Goldman Sachs. The rating was maintained by Telsey Advisory on Friday, September 23 with “Market Perform”. The rating was maintained by Stifel Nicolaus on Monday, September 26 with “Hold”.

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