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Davis Selected Advisers Buys 471,979 Shares of Wells Fargo & Company $WFC
Davis Selected Advisers increased its stake in Wells Fargo & Company by 6.1% in the fourth quarter, purchasing an additional 471,979 shares. The firm now owns 8,258,031 shares of WFC, making it their 13th largest position. Wells Fargo & Company recently posted strong quarterly earnings, exceeding analyst estimates, and announced a quarterly dividend.