Nykredit A S Makes New $191.09 Million Investment in Wells Fargo & Company $WFC

Nykredit A/S has made a new investment of $191.09 million in Wells Fargo & Company (NYSE:WFC), acquiring 2.31 million shares during the second quarter, making it their 29th largest holding. Wells Fargo maintains a "Moderate Buy" consensus rating from analysts with an average price target of $98.61, and recently reported strong quarterly earnings and an increased dividend. Institutional investors hold approximately 75.9% of Wells Fargo's stock, with several firms adjusting their positions.