Hallmark Capital Management Has Cut Wells Fargo & Co (WFC) Holding By $344,850; World Wrestling Entertainmentinc (WWE) Has 1.95 Sentiment

January 14, 2018 - By Marguerite Chambers

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company has market cap of $2.48 billion. The firm operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios divisions. It has a 68.76 P/E ratio. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets.

Hallmark Capital Management Inc decreased Wells Fargo & Co (WFC) stake by 2.18% reported in 2017Q3 SEC filing. Hallmark Capital Management Inc sold 6,270 shares as Wells Fargo & Co (WFC)’s stock declined 8.66%. The Hallmark Capital Management Inc holds 281,807 shares with $15.54M value, down from 288,077 last quarter. Wells Fargo & Co now has $308.01 billion valuation. The stock decreased 0.73% or $0.46 during the last trading session, reaching $62.55. About 25.89 million shares traded or 37.66% up from the average. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since January 14, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Ibis Capital Partners Llp holds 14.47% of its portfolio in World Wrestling Entertainment, Inc. for 639,443 shares. Lindsell Train Ltd owns 7.23 million shares or 5.74% of their US portfolio. Moreover, Aristotle Capital Boston Llc has 1.16% invested in the company for 548,161 shares. The Massachusetts-based Eagle Boston Investment Management Inc has invested 1.15% in the stock. Marathon Partners Equity Management Llc, a New York-based fund reported 75,000 shares.

Analysts await World Wrestling Entertainment, Inc. (NYSE:WWE) to report earnings on February, 8. They expect $0.19 EPS, up 90.00% or $0.09 from last year’s $0.1 per share. WWE’s profit will be $14.65 million for 42.34 P/E if the $0.19 EPS becomes a reality. After $0.28 actual EPS reported by World Wrestling Entertainment, Inc. for the previous quarter, Wall Street now forecasts -32.14% negative EPS growth.

Ratings analysis reveals 50% of World Wrestling’s analysts are positive. Out of 4 Wall Street analysts rating World Wrestling, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. WWE was included in 4 notes of analysts from October 28, 2016. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) has “Market Perform” rating given on Friday, October 28 by Wells Fargo. Guggenheim initiated the stock with “Buy” rating in Thursday, January 12 report. The rating was downgraded by Pacific Crest to “Sector Weight” on Friday, October 28. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) has “Buy” rating given on Tuesday, January 10 by M Partners.

The stock increased 1.19% or $0.38 during the last trading session, reaching $32.18. About 690,729 shares traded. World Wrestling Entertainment, Inc. (WWE) has risen 15.92% since January 14, 2017 and is uptrending. It has underperformed by 0.78% the S&P500.

Since January 1, 0001, it had 0 buys, and 5 sales for $3.38 million activity.

Among 36 analysts covering Wells Fargo & Company (NYSE:WFC), 17 have Buy rating, 5 Sell and 14 Hold. Therefore 47% are positive. Wells Fargo & Company had 115 analyst reports since July 29, 2015 according to SRatingsIntel. On Thursday, August 13 the stock rating was maintained by S&P Research with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Friday, October 6. The stock of Wells Fargo & Company (NYSE:WFC) earned “Buy” rating by Argus Research on Tuesday, January 19. The firm has “Positive” rating given on Wednesday, January 20 by Susquehanna. As per Wednesday, September 21, the company rating was downgraded by JP Morgan. On Friday, July 14 the stock rating was maintained by Oppenheimer with “Hold”. Barclays Capital maintained Wells Fargo & Company (NYSE:WFC) on Tuesday, January 3 with “Overweight” rating. The stock of Wells Fargo & Company (NYSE:WFC) has “Overweight” rating given on Friday, October 9 by JP Morgan. On Thursday, September 22 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Neutral” rating by UBS given on Monday, October 16.

Hallmark Capital Management Inc increased Cvs Health Corporation (NYSE:CVS) stake by 4,015 shares to 198,037 valued at $16.10M in 2017Q3. It also upped Carter Inc (NYSE:CRI) stake by 3,105 shares and now owns 152,573 shares. Apple Inc (NASDAQ:AAPL) was raised too.

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