Menora Mivtachim Holdings LTD Lifted Position in Cme Group (CME); As Wells Fargo Co New (WFC) Valuation Declined, Bragg Financial Advisors Decreased Stake

Wells Fargo & Company (NYSE:WFC) Logo

Menora Mivtachim Holdings Ltd increased its stake in Cme Group Inc (CME) by 67.57% based on its latest 2018Q3 regulatory filing with the SEC. Menora Mivtachim Holdings Ltd bought 81,760 shares as the company’s stock rose 9.33% while stock markets declined. The institutional investor held 202,760 shares of the investment bankers and brokers and service company at the end of 2018Q3, valued at $34.51M, up from 121,000 at the end of the previous reported quarter. Menora Mivtachim Holdings Ltd who had been investing in Cme Group Inc for a number of months, seems to be bullish on the $64.38B market cap company. The stock increased 0.56% or $1.01 during the last trading session, reaching $179.94. About 870,234 shares traded. CME Group Inc. (NASDAQ:CME) has risen 28.18% since February 13, 2018 and is uptrending. It has outperformed by 28.18% the S&P500. Some Historical CME News: 29/03/2018 – CME Group to buy UK-based trading firm for $5.5 billion in major cross-border deal; 14/05/2018 – CME LEAN HOG NEARBY MONTHS 0#LH: RISE ALMOST 2 PCT ON SHORT-COVERING, FUND BUYING AFTER JULY LHN8 SURPASSES 20-DAY MOVING AVERAGE -TRADE; 29/03/2018 – Futures trading giant CME Group reaches a deal to buy NEX Group, in an offer valued at $5.5 billion; 02/04/2018 – LIVESTOCK-CME hogs drop by 3-cent limit on China pork tariff hike; 06/04/2018 – CME lumber futures final vol/open int for April 5; 23/05/2018 – CME Group Clears First Chilean Peso and Colombian Peso Interest Rate Swaps; 18/05/2018 – CME lumber futures final vol/open int for May 17; 04/04/2018 – CME Group and GCSA Capital Collaborate to Deliver the Prefunded Treasury Facility Collateral Program for Meeting Performance Bond Requirements; 16/05/2018 – CME lumber futures final vol/open int for May 15; 24/05/2018 – CME lumber futures final vol/open int for May 23

Bragg Financial Advisors Inc decreased its stake in Wells Fargo Co New (WFC) by 16.27% based on its latest 2018Q3 regulatory filing with the SEC. Bragg Financial Advisors Inc sold 8,044 shares as the company’s stock declined 15.07% with the market. The institutional investor held 41,410 shares of the major banks company at the end of 2018Q3, valued at $2.18M, down from 49,454 at the end of the previous reported quarter. Bragg Financial Advisors Inc who had been investing in Wells Fargo Co New for a number of months, seems to be less bullish one the $225.44B market cap company. The stock increased 0.33% or $0.16 during the last trading session, reaching $49.21. About 7.26 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 17.79% since February 13, 2018 and is downtrending. It has underperformed by 17.79% the S&P500. Some Historical WFC News: 12/04/2018 – Wells Fargo Sued by FX Trader Claiming Wrongful Termination; 23/04/2018 – WELLS FARGO:FINE REDUCED EPS BY 16C TO 96C; 28/03/2018 – ROCKWELL AUTOMATION INC ROK.N : WELLS FARGO RAISES TARGET PRICE TO $205 FROM $200; 24/04/2018 – Wells Fargo executives and board brace for protests at annual meeting; 13/04/2018 – Wells Fargo 1Q Net $5.94B; 08/05/2018 – Actuant at Wells Fargo Industrials Conference Tomorrow; 25/03/2018 – Wells Fargo: It’s time to buy into the sell-off despite trade, rate fears (via @CNBCFuturesNow); 06/04/2018 – Proxy adviser ISS recommends vote for all Wells Fargo board nominees; 08/05/2018 – RPM International Presenting at Wells Fargo Conference Tomorrow; 09/04/2018 – Ryder Presenting at Wells Fargo Industrials Conference May 8

Investors sentiment decreased to 1.17 in Q3 2018. Its down 0.22, from 1.39 in 2018Q2. It is negative, as 26 investors sold CME shares while 249 reduced holdings. 89 funds opened positions while 234 raised stakes. 272.58 million shares or 1.52% more from 268.50 million shares in 2018Q2 were reported. Summit Asset Lc owns 2,141 shares for 0.17% of their portfolio. Tompkins Corporation has 0.17% invested in CME Group Inc. (NASDAQ:CME) for 4,925 shares. Great West Life Assurance Com Can accumulated 241,128 shares. Edgestream Ptnrs LP owns 51,035 shares. Odey Asset Gru holds 0.21% of its portfolio in CME Group Inc. (NASDAQ:CME) for 15,000 shares. Moreover, First Advsr Limited Partnership has 0.1% invested in CME Group Inc. (NASDAQ:CME) for 308,620 shares. West Oak Cap Lc owns 0% invested in CME Group Inc. (NASDAQ:CME) for 181 shares. Fukoku Mutual Life Ins stated it has 0.06% of its portfolio in CME Group Inc. (NASDAQ:CME). First Interstate Bank & Trust invested in 0% or 102 shares. Commerzbank Aktiengesellschaft Fi has 0.16% invested in CME Group Inc. (NASDAQ:CME). Welch Gru Limited holds 0.02% in CME Group Inc. (NASDAQ:CME) or 1,340 shares. 28,386 are held by Bradley Foster And Sargent Incorporated Ct. Marshall Wace Ltd Liability Partnership has invested 0.01% in CME Group Inc. (NASDAQ:CME). Viking Fund Mgmt Limited Company reported 13,200 shares. Clearbridge Ltd invested in 499,216 shares or 0.07% of the stock.

Among 22 analysts covering CME Group (NASDAQ:CME), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. CME Group had 76 analyst reports since August 3, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, March 31 report. The stock of CME Group Inc. (NASDAQ:CME) earned “Neutral” rating by Bank of America on Friday, January 11. The stock of CME Group Inc. (NASDAQ:CME) has “Buy” rating given on Thursday, October 19 by Citigroup. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 29. The stock has “Buy” rating by Bank of America on Wednesday, October 7. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, January 26. On Friday, February 2 the stock rating was maintained by Bank of America with “Buy”. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, August 11 report. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. The company was maintained on Thursday, June 1 by Keefe Bruyette & Woods.

Since September 4, 2018, it had 0 insider buys, and 13 sales for $14.17 million activity. Another trade for 10,000 shares valued at $1.89 million was sold by DUFFY TERRENCE A. Piell Hilda Harris sold $319,025 worth of CME Group Inc. (NASDAQ:CME) on Tuesday, September 4. Carey Charles P also sold $959,220 worth of CME Group Inc. (NASDAQ:CME) shares. Holzrichter Julie had sold 3,353 shares worth $626,039 on Tuesday, November 6. $35,530 worth of stock was sold by Pankau Ronald A. on Monday, December 10. Bernacchi Jeffrey M. sold 4,976 shares worth $878,762.

Menora Mivtachim Holdings Ltd, which manages about $3.69 billion US Long portfolio, decreased its stake in Nike Inc (NYSE:NKE) by 173,000 shares to 660,265 shares, valued at $55.94 million in 2018Q3, according to the filing. It also reduced its holding in Wix Com Ltd (NASDAQ:WIX) by 703,420 shares in the quarter, leaving it with 1.22M shares, and cut its stake in Fedex Corp (NYSE:FDX).

More notable recent CME Group Inc. (NASDAQ:CME) news were published by: Nasdaq.com which released: “Financial Sector Update for 02/04/2019: CME,BLK,KKR,RF,DB – Nasdaq” on February 04, 2019, also Seekingalpha.com with their article: “Traders Are Focusing On FANG Through Nasdaq Futures – Seeking Alpha” published on February 12, 2019, Nasdaq.com published: “Broadcaster CME scraps sale of Slovenian operations – Nasdaq” on January 18, 2019. More interesting news about CME Group Inc. (NASDAQ:CME) were released by: Nasdaq.com and their article: “Noteworthy Monday Option Activity: YELP, CME, COST – Nasdaq” published on February 04, 2019 as well as Nasdaq.com‘s news article titled: “Is A Recession Coming? Here’s How To Survive… – Nasdaq” with publication date: January 15, 2019.

Investors sentiment increased to 0.78 in 2018 Q3. Its up 0.06, from 0.72 in 2018Q2. It is positive, as 55 investors sold WFC shares while 664 reduced holdings. 126 funds opened positions while 432 raised stakes. 3.46 billion shares or 3.93% less from 3.60 billion shares in 2018Q2 were reported. Schroder Management Group Incorporated accumulated 0.43% or 4.73M shares. Employees Retirement System Of Ohio reported 0.75% in Wells Fargo & Company (NYSE:WFC). Cibc Asset Management holds 0.17% or 530,244 shares. Alps Advisors holds 0.73% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 2.11M shares. Seizert Capital Prtnrs Lc has 0.01% invested in Wells Fargo & Company (NYSE:WFC). Schaper Benz And Wise Invest Counsel Inc Wi holds 1.86% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 264,136 shares. Markel has invested 0.05% in Wells Fargo & Company (NYSE:WFC). Kamunting Street Capital Lp has invested 13.44% in Wells Fargo & Company (NYSE:WFC). Newman Dignan Sheerar Incorporated has 0.44% invested in Wells Fargo & Company (NYSE:WFC) for 18,749 shares. Liberty Mutual Group Asset Mgmt, Massachusetts-based fund reported 175,300 shares. Amer Money Management Llc reported 98,544 shares stake. Duff & Phelps Invest Mgmt accumulated 32,490 shares. State Treasurer State Of Michigan holds 0.79% in Wells Fargo & Company (NYSE:WFC) or 2.06M shares. Budros Ruhlin And Roe has invested 0.24% in Wells Fargo & Company (NYSE:WFC). Cahill Advisors accumulated 0.28% or 12,009 shares.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 18 have Buy rating, 6 Sell and 15 Hold. Therefore 46% are positive. Wells Fargo & Company had 159 analyst reports since July 29, 2015 according to SRatingsIntel. Morgan Stanley maintained Wells Fargo & Company (NYSE:WFC) rating on Friday, February 2. Morgan Stanley has “Overweight” rating and $75 target. The firm earned “Outperform” rating on Wednesday, January 3 by Bernstein. The company was maintained on Friday, January 12 by BMO Capital Markets. On Monday, April 30 the stock rating was upgraded by Keefe Bruyette & Woods to “Buy”. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Thursday, March 29 by Sandler O’Neill. Piper Jaffray initiated the stock with “Neutral” rating in Tuesday, November 24 report. The firm earned “Buy” rating on Friday, January 12 by RBC Capital Markets. As per Wednesday, October 19, the company rating was downgraded by FBR Capital. Robert W. Baird maintained Wells Fargo & Company (NYSE:WFC) rating on Friday, November 10. Robert W. Baird has “Buy” rating and $58.0 target. On Tuesday, September 5 the stock rating was maintained by Robert W. Baird with “Buy”.

Bragg Financial Advisors Inc, which manages about $960.65M and $744.08 million US Long portfolio, upped its stake in Ishares Tr (MUB) by 3,589 shares to 17,900 shares, valued at $1.93M in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (SUB) by 6,904 shares in the quarter, for a total of 69,221 shares, and has risen its stake in Tenneco Inc (NYSE:TEN).

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Seekingalpha.com which released: “Wells Fargo: Buy Or Sell? – Seeking Alpha” on September 30, 2018, also Seekingalpha.com with their article: “Banking On Wells Fargo – Seeking Alpha” published on January 17, 2019, Seekingalpha.com published: “Buying Season For A Wells Fargo Preferred – Seeking Alpha” on December 17, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Seekingalpha.com and their article: “Wells Fargo declares $0.43 dividend, adds to buyback – Seeking Alpha” published on October 23, 2018 as well as Seekingalpha.com‘s news article titled: “Wells Fargo Preferred Stock Went On Sale – Seeking Alpha” with publication date: November 09, 2018.

Wells Fargo & Company (NYSE:WFC) Institutional Positions Chart