Wells Fargo & Company MN Buys 784,871 Shares of Amira Nature Foods Ltd (ANFI)

Wells Fargo & Company MN raised its stake in shares of Amira Nature Foods Ltd (NYSE:ANFI) by 2,248.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 819,780 shares of the company’s stock after purchasing an additional 784,871 shares during the quarter. Wells Fargo & Company MN owned 2.21% of Amira Nature Foods worth $3,418,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Nationwide Fund Advisors acquired a new stake in Amira Nature Foods during the third quarter valued at approximately $182,000. 15.91% of the stock is owned by institutional investors and hedge funds.

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NYSE ANFI opened at $4.20 on Friday. Amira Nature Foods Ltd has a 1-year low of $3.85 and a 1-year high of $7.05.

A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Amira Nature Foods from a “strong sell” rating to a “buy” rating and set a $4.75 price objective on the stock in a report on Tuesday, December 12th. Jefferies Group reaffirmed a “buy” rating and set a $8.00 price objective on shares of Amira Nature Foods in a report on Friday, January 26th.

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About Amira Nature Foods

Amira Nature Foods Ltd. engages in the processing, distributing, and marketing of packaged Indian specialty rice, and basmati rice. It offers products among international buyers and distributors and retail chains in India. The company was founded in 1915 and is headquartered in Dubai, the United Arab Emirates.

Institutional Ownership by Quarter for Amira Nature Foods (NYSE:ANFI)

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