Campbell Newman Asset Management Has Upped Wells Fargo & Co. (WFC) Stake By $2.11 Million, Sandy Spring Bancorp Inc. (SASR) Covered By 0 Bulls

July 11, 2017 - By Darrin Black

Among 3 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Sandy Spring Bancorp had 4 analyst reports since July 20, 2015 according to SRatingsIntel. Zacks upgraded Sandy Spring Bancorp Inc. (NASDAQ:SASR) on Tuesday, August 25 to “Sell” rating. See Sandy Spring Bancorp Inc. (NASDAQ:SASR) latest ratings:

Campbell Newman Asset Management Inc increased Wells Fargo & Co. (WFC) stake by 14.83% reported in 2016Q4 SEC filing. Campbell Newman Asset Management Inc acquired 38,303 shares as Wells Fargo & Co. (WFC)’s stock declined 8.66%. The Campbell Newman Asset Management Inc holds 296,537 shares with $16.34 million value, up from 258,234 last quarter. Wells Fargo & Co. now has $278.70 billion valuation. The stock decreased 0.27% or $0.15 during the last trading session, reaching $55.59. About shares traded. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since July 11, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.30, from 0.97 in 2016Q3. It worsened, 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. Hills State Bank And Tru Communication holds 1.76% or 91,153 shares. The Maine-based Spinnaker has invested 0.71% in Wells Fargo & Co (NYSE:WFC). Proshare Limited Liability has 1.08 million shares. Rfg Advisory Ltd Co holds 0.28% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 9,952 shares. Eagle Advisors Llc, a Texas-based fund reported 117,321 shares. Apriem Advsrs accumulated 82,159 shares. The New York-based Cullen Cap Mgmt Limited Company has invested 2.23% in Wells Fargo & Co (NYSE:WFC). 462,588 were accumulated by Brandywine Tru Company. Alpine Partners Vi Limited Liability Corp accumulated 7,857 shares. Channing Cap Mgmt Ltd Liability Corp accumulated 139,414 shares. Bragg Finance Advisors Inc holds 0.97% in Wells Fargo & Co (NYSE:WFC) or 106,932 shares. Wade G W & holds 1.21% or 133,063 shares. Icon Advisers has 0.15% invested in Wells Fargo & Co (NYSE:WFC) for 39,000 shares. 501,372 were accumulated by Umb Bancshares N A Mo. Iowa National Bank & Trust holds 2.99% or 105,753 shares in its portfolio.

Campbell Newman Asset Management Inc decreased Home Depot Inc. (NYSE:HD) stake by 9,461 shares to 73,423 valued at $9.85 million in 2016Q4. It also reduced Raytheon Co. (NYSE:RTN) stake by 12,627 shares and now owns 100,698 shares. Analog Devices Inc. (NASDAQ:ADI) 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. The rating was reinitiated by UBS with “Neutral” on Wednesday, January 11. UBS initiated the shares of WFC in report on Thursday, March 24 with “Sell” rating. On Friday, April 15 the stock rating was downgraded by Piper Jaffray to “Underweight”. Jefferies maintained the shares of WFC in report on Tuesday, June 6 with “Hold” rating. The stock of Wells Fargo & Co (NYSE:WFC) earned “Neutral” rating by Guggenheim on Wednesday, April 6. The stock has “Overweight” rating by Morgan Stanley on Tuesday, September 20. The stock of Wells Fargo & Co (NYSE:WFC) earned “Sell” rating by UBS on Thursday, September 15. Guggenheim upgraded the shares of WFC in report on Wednesday, July 29 to “Buy” rating. UBS upgraded the shares of WFC in report on Monday, October 10 to “Neutral” rating. The stock of Wells Fargo & Co (NYSE:WFC) has “Buy” rating given on Thursday, October 15 by Guggenheim.

Since March 3, 2017, it had 1 buy, and 7 selling transactions for $397.31 million activity. The insider Pelos Petros G sold $1.34 million. The insider Loughlin Michael J sold 20,000 shares worth $1.04 million. $383.92 million worth of stock was sold by BERKSHIRE HATHAWAY INC on Monday, April 10. CARROLL DAVID M had sold 27,582 shares worth $1.47M on Wednesday, March 22. Shares for $1.04M were sold by Hardison Hope A.. The insider SARGENT RONALD bought 9,050 shares worth $499,108. The insider Mack Mary T sold $2.05M.

Sandy Spring Bancorp, Inc. is the bank holding firm for Sandy Spring Bank . The company has market cap of $974.79 million. The Firm operates through three divisions: Community Banking, Insurance and Investment Management. It has a 18.53 P/E ratio. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial services and products, including various loan and deposit products to both individuals and businesses.

Investors sentiment increased to 1.94 in Q4 2016. Its up 0.34, from 1.6 in 2016Q3. It increased, as 8 investors sold Sandy Spring Bancorp Inc. shares while 28 reduced holdings. 29 funds opened positions while 41 raised stakes. 15.38 million shares or 1.06% less from 15.55 million shares in 2016Q3 were reported. Zacks Investment Management invested in 0.01% or 9,278 shares. Alliancebernstein Lp invested in 39,291 shares or 0% of the stock. Fincl Counselors Incorporated stated it has 8,308 shares or 0.02% of all its holdings. Susquehanna Group Llp holds 0% in Sandy Spring Bancorp Inc. (NASDAQ:SASR) or 35,980 shares. Virginia Retirement Et Al invested in 8,400 shares. Columbia Wanger Asset Mngmt Lc holds 404,581 shares or 0.23% of its portfolio. Barclays Public Ltd Liability accumulated 0% or 435 shares. Schroder Mngmt Grp stated it has 0% in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Citadel Advsrs Lc stated it has 0% in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Moreover, Magnetar Financial Ltd has 0% invested in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Vanguard Grp Inc Inc accumulated 1.03 million shares. Century Companies holds 0% or 11,052 shares. Fmr Limited Liability Com reported 7,806 shares stake. 1,410 are owned by Bnp Paribas Arbitrage. Deutsche Bankshares Ag holds 23,790 shares or 0% of its portfolio.

The stock decreased 0.86% or $0.35 during the last trading session, reaching $40.34. About shares traded. Sandy Spring Bancorp Inc. (NASDAQ:SASR) has risen 42.32% since July 11, 2016 and is uptrending. It has outperformed by 25.62% the S&P500.