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Wells Fargo & Company $WFC is LSV Asset Management's 8th Largest Position
LSV Asset Management reduced its stake in Wells Fargo & Company (WFC) by 4.5% in Q3, making it their 8th largest holding with 6.52 million shares valued at $546.5 million. Wells Fargo exceeded quarterly EPS estimates and announced a $0.45 quarterly dividend, while analysts maintain a “Moderate Buy” rating with an average target price of $97.29. The stock is currently trading near $89.08.