53,416 Shares of Wells Fargo & Company $WFC Bought by Associated Banc Corp

Associated Banc Corp recently purchased 53,416 shares of Wells Fargo & Company (NYSE:WFC) worth approximately $4,276,000 in the third quarter. Other institutional investors also initiated new positions in WFC, with 75.90% of the stock owned by institutional investors and hedge funds. Wells Fargo reported strong earnings, topping consensus estimates, announced a quarterly dividend of $0.50 per share, and received a "Moderate Buy" consensus rating from analysts with an average price target of $98.11.