Previous Close | 35.17 |
Open | 35.00 |
Bid | 35.31 x 42300 |
Ask | 35.35 x 21500 |
Day's Range | 34.41 - 35.17 |
52 Week Range | 34.26 - 50.11 |
Volume | |
Avg. Volume | 54,466,511 |
Market Cap | 280.46B |
Beta (5Y Monthly) | 1.39 |
PE Ratio (TTM) | 9.91 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.84 (2.41%) |
Ex-Dividend Date | Jun 02, 2022 |
1y Target Est | N/A |
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Investors are becoming increasingly concerned about global growth with optimism at an all-time low, as they increase their cash holdings to the highest level in two decades, according to BoFA Securities' monthly fund manager survey. The investors, who manage just under $1 trillion in assets, are now the most underweight equities since May 2020 at net 13% underweight, from 6% overweight in the April survey. Growth expectations remain weak, BofA said, with optimism about the economic outlook falling to a record low in its survey history, the U.S. investment bank said.
The loss of the famed investor as a major shareholder might take away some of the luster and prestige that Wells Fargo once enjoyed.
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