IFG Advisors LLC increased its Wells Fargo shares by 9.2% in Q3, holding 4,277 shares worth $242,000.

IFG Advisors LLC raised its Wells Fargo (NYSE: WFC) shares by 9.2% in Q3, ending with 4,277 shares valued at $242,000. Several hedge funds adjusted their stakes, with 75.9% of the company held by institutional investors. Wells Fargo reported Q3 earnings of $1.42 per share, surpassing estimates, despite a 2.4% revenue decline. The firm declared a $0.40 quarterly dividend, yielding 2.49%, while analysts provided mixed ratings on the stock.

October 19, 2024
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