VIRGINIA RETIREMENT SYSTEMS ET Al Invests $1.12 Million in Wells Fargo & Company $WFC

Virginia Retirement Systems acquired 13,500 shares of Wells Fargo & Company, valued at $1.12 million, during the second quarter. Wells Fargo recently exceeded earnings expectations with $1.96 EPS and $22.62 billion in revenue, and institutional investors now own 75.9% of the company. Analysts have a consensus "Moderate Buy" rating with an average price target of $98.61, and the company increased its quarterly dividend to $0.50 per share.