$0.82 EPS Expected for Alliance Holdings GP, L.P. (AHGP), Bluefin Trading Has Increased Its Wells Fargo & Co New (Call) (WFC) Position

July 12, 2017 - By marketbeat

Bluefin Trading Llc increased Wells Fargo & Co New (Call) (WFC) stake by 128.13% reported in 2016Q4 SEC filing. Bluefin Trading Llc acquired 144,400 shares as Wells Fargo & Co New (Call) (WFC)’s stock declined 8.66%. The Bluefin Trading Llc holds 257,100 shares with $1.14M value, up from 112,700 last quarter. Wells Fargo & Co New (Call) now has $274.31 billion valuation. The stock decreased 0.99% or $0.55 during the last trading session, reaching $55.04. About 63 shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since July 12, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Analysts expect Alliance Holdings GP, L.P. (NASDAQ:AHGP) to report $0.82 EPS on July, 25.They anticipate $0.06 EPS change or 7.89% from last quarter’s $0.76 EPS. AHGP’s profit would be $49.81M giving it 7.93 P/E if the $0.82 EPS is correct. After having $0.92 EPS previously, Alliance Holdings GP, L.P.’s analysts see -10.87% EPS growth. The stock increased 3.87% or $0.97 during the last trading session, reaching $26.01. About shares traded. Alliance Holdings GP, L.P. (NASDAQ:AHGP) has risen 69.64% since July 12, 2016 and is uptrending. It has outperformed by 52.94% the S&P500.

Since March 3, 2017, it had 1 insider buy, and 7 insider sales for $397.31 million activity. Hardison Hope A. sold $1.04 million worth of stock. Shares for $383.92 million were sold by BERKSHIRE HATHAWAY INC. 117,704 shares were sold by CARROLL DAVID M, worth $6.95 million on Friday, March 3. The insider SARGENT RONALD bought 9,050 shares worth $499,108. On Monday, June 12 Pelos Petros G sold $1.34M worth of Wells Fargo & Co (NYSE:WFC) or 24,708 shares. Another trade for 38,988 shares valued at $2.05M was made by Mack Mary T on Thursday, June 8. 20,000 shares were sold by Loughlin Michael J, worth $1.04M.

Investors sentiment decreased to 0.67 in Q4 2016. 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. Grassi Inv Mngmt invested in 1.91% or 191,252 shares. Theleme Prtnrs Llp stated it has 7.15M shares. Fdx has 290,331 shares. 999,848 were accumulated by Westpac Corp. Deroy And Devereaux Private Invest Counsel stated it has 12,711 shares or 0.08% of all its holdings. 8.50M were reported by Asset Mngmt One. Moreover, Eagle Asset Mgmt has 0.68% invested in Wells Fargo & Co (NYSE:WFC). University Of Texas Investment Managment has 0.02% invested in Wells Fargo & Co (NYSE:WFC). Pittenger & Anderson holds 78,018 shares or 0.46% of its portfolio. Farmers Commercial Bank has 0.3% invested in Wells Fargo & Co (NYSE:WFC) for 9,468 shares. Lenox Wealth invested in 2,743 shares. Moreover, Financial Corp has 0.16% invested in Wells Fargo & Co (NYSE:WFC). Schnieders Cap Mngmt Ltd Liability Corp owns 106,152 shares. 152,285 are owned by Bancshares Of The West. Rafferty Asset Mngmt Limited Liability Co stated it has 230,521 shares or 0.58% of all its holdings.

Bluefin Trading Llc decreased Monster Beverage Corp New stake by 120,347 shares to 122,253 valued at $5.42M in 2016Q4. It also reduced Ishares Tr (TLT) stake by 65,791 shares and now owns 31,209 shares. Micron Technology Inc (NASDAQ:MU) was reduced too.

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 74 analyst reports since July 29, 2015 according to SRatingsIntel. UBS maintained the stock with “Sell” rating in Thursday, September 15 report. Macquarie Research maintained the stock with “Underperform” rating in Friday, September 25 report. The company was downgraded on Wednesday, April 12 by Rafferty. The stock has “Overweight” rating by Morgan Stanley on Tuesday, September 20. Berenberg initiated Wells Fargo & Co (NYSE:WFC) rating on Wednesday, July 13. Berenberg has “Hold” rating and $45 target. Guggenheim upgraded the shares of WFC in report on Wednesday, April 26 to “Neutral” rating. The stock of Wells Fargo & Co (NYSE:WFC) earned “Outperform” rating by FBR Capital on Tuesday, September 27. The stock of Wells Fargo & Co (NYSE:WFC) has “Buy” rating given on Thursday, September 22 by Deutsche Bank. The rating was upgraded by Citigroup on Thursday, January 7 to “Buy”. Guggenheim maintained Wells Fargo & Co (NYSE:WFC) rating on Thursday, October 15. Guggenheim has “Buy” rating and $60 target.

Investors sentiment decreased to 0.96 in 2016 Q4. Its down 0.90, from 1.86 in 2016Q3. It turned negative, as 5 investors sold Alliance Holdings GP, L.P. shares while 19 reduced holdings. 9 funds opened positions while 14 raised stakes. 11.88 million shares or 1.33% less from 12.04 million shares in 2016Q3 were reported. Geode Capital Mngmt Lc reported 0% stake. Sei holds 0% or 1,000 shares. Mountain Lake Inv Management Ltd Co owns 211,500 shares or 3.83% of their US portfolio. First Manhattan Communications invested in 112,350 shares or 0.02% of the stock. Renaissance Tech Ltd has invested 0% of its portfolio in Alliance Holdings GP, L.P. (NASDAQ:AHGP). Walleye Trading Ltd Liability Company has 0% invested in Alliance Holdings GP, L.P. (NASDAQ:AHGP). Van Eck Assocs holds 0.04% of its portfolio in Alliance Holdings GP, L.P. (NASDAQ:AHGP) for 258,505 shares. Gsa Cap Prtnrs Llp has 38,476 shares. Royal Savings Bank Of Canada owns 280 shares. 900 are owned by Fifth Third Bancorporation. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 0.02% of its portfolio in Alliance Holdings GP, L.P. (NASDAQ:AHGP) for 45,440 shares. Deutsche Retail Bank Ag holds 0% in Alliance Holdings GP, L.P. (NASDAQ:AHGP) or 77,761 shares. Wells Fargo Mn invested in 4,673 shares. Moreover, Goldman Sachs Group has 0% invested in Alliance Holdings GP, L.P. (NASDAQ:AHGP) for 152,926 shares. Gabelli Funds Limited Liability reported 34,000 shares.