Top 5 Dividend Paying Stocks To Buy Under $50

2. Wells Fargo & Company (NYSE: WFC)

Hedge Funds: 90
Total Hedge Fund Holdings: $8.46 billion
Dividend Yield: 1.38%
Price (at the time of writing): $29.08

Even though Q3 saw WFC losing some interest by Warren Buffett’s fund, other hedge funds responded with greater interest. Even though it is not at its all time high, interest in Wells Fargo & Company enjoyed a slight increase in Q4, climbing to 90 from 84.

Buffett cut his stake in WFC by 46% during the third quarter but Berkshire Hathaway remains the larges shareholder among hedge funds. The second largest stake is held by Eagle Capital Management, led by Boykin Curry, holding a $1.1207 billion position; 4% of its 13F portfolio is allocated to the company.