5 Best Diversified Bank Stocks to Invest In

4. Wells Fargo & Company (NYSE:WFC)

Number of Hedge Fund Holders: 72    

Wells Fargo & Company (NYSE:WFC) is a diversified financial services company that provides banking, investment, mortgage, and consumer and commercial finance products and services. On March 13, investment advisory Compass Point maintained a Buy rating on Wells Fargo &  Company (NYSE:WFC) stock and raised the price target to $64 from $62. 

At the end of the fourth quarter of 2023, 72 hedge funds in the database of Insider Monkey held stakes worth $5.5 billion in Wells Fargo & Company (NYSE:WFC), compared to 77 in the previous quarter worth $4.3 billion.