About 342,508 shares traded. (NYSE:VZ) news were published by: Fool.com which released: "Better Buy: Verizon Communications Inc. vs. Frontier Communications" on January 02, 2018, also Nasdaq.com with their article: "Verizon Communications Inc". It has underperformed by 47.79% the S&P500.
Ally Financial Inc increased its stake in Verizon Communications Inc (VZ) by 6.06% based on its latest 2017Q3 regulatory filing with the SEC. Vision Capital Management Inc sold 20,070 shares as the company's stock declined 7.66% while stock markets rallied. The institutional investor held 45,978 shares of the telecommunications equipment company at the end of 2017Q3, valued at $2.28M, down from 54,768 at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Century Cmntys Inc for a number of months, seems to be bullish on the $950.56M market cap company. During the same quarter last year, the firm earned $1.01 EPS. equities research analysts forecast that Verizon Communications will post 3.77 EPS for the current year. The hedge fund run by Steve Pei held 748,926 shares of the capital goods company at the end of 2017Q3, valued at $18.50M, up from 37,316 at the end of the previous reported quarter.
Verizon Communications (NYSE:VZ) last announced its quarterly earnings data on Thursday, October 19th. It has underperformed by 25.18% the S&P500.
Agf Investments Inc, which manages about $9.16 billion US Long portfolio, upped its stake in Spdr S&P Technology Select Sector Etf (XLK) by 217,328 shares to 1.65 million shares, valued at $97.41M in 2017Q3, according to the filing. It also increased its holding in Starbucks Corp (NASDAQ:SBUX) by 4.70M shares in the quarter, for a total of 21.27 million shares, and has risen its stake in Ventas Inc (Reit) (NYSE:VTR).
Among 4 analysts covering New Gold Inc. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Therefore 27% are positive. VZ was included in 63 notes of analysts from July 22, 2015. Wedbush Securities Inc.'s holdings in Verizon Communications were worth $6,856,000 at the end of the most recent quarter. The stock has "Buy" rating by Piper Jaffray on Tuesday, October 3.
In related news, EVP Craig L. Silliman sold 610 shares of the business's stock in a transaction on Friday, October 27th. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Wednesday, January 25. Barclays Capital maintained the shares of VZ in report on Monday, April 18 with "Equal-Weight" rating. The firm has "Neutral" rating given on Wednesday, July 27 by Hilliard Lyons. (NYSE:VZ) rating on Wednesday, October 21. Nomura upgraded shares of Verizon Communications from a "neutral" rating to a "buy" rating and raised their price target for the company from $47.00 to $61.00 in a report on Tuesday, December 12th. (NYSE VZ) opened at $51.69 on Thursday.
Since August 28, 2017, it had 0 insider buys, and 3 insider sales for $89,365 activity. "(NYSE:VZ)" was first posted by Week Herald and is owned by of Week Herald. The cell phone carrier reported $0.98 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.98. VZ's profit will be $3.59 billion for 14.72 P/E if the $0.88 EPS becomes a reality. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel.
Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 329,786 are owned by Roffman Miller Associates Pa. FRIEDLAND JONATHAN sold 2,743 shares worth $563,938. Congress Asset Mngmt Ma stated it has 12,974 shares or 0.01% of all its holdings. Auxier Asset Mngmt holds 0.46% of its portfolio in Verizon Communications Inc. (NYSE:VZ). 15,000 are held by Paw Capital Corp. The stock has a market capitalization of $212,580.00, a price-to-earnings ratio of 13.36, a PEG ratio of 4.80 and a beta of 0.57. Beech Hill Advsr, New York-based fund reported 101,580 shares. While for the Next 5 years, the company could expect a growth of 1.52% per annum, whereas in the past Five years Verizon Communications Inc. Prentiss Smith And Co Incorporated has invested 0.24% in Verizon Communications Inc. Acropolis Investment Management LLC lifted its stake in Verizon Communications by 164.1% during the fourth quarter. (NYSE:VZ) for 49,794 shares. Douglass Winthrop Advisors LLC boosted its stake in shares of Verizon Communications by 1.4% in the second quarter. Df Dent invested in 9,231 shares. HSBC initiated the shares of VZ in report on Thursday, January 19 with "Buy" rating. Therefore 92% are positive. The company presently has a consensus rating of "Hold" and an average price target of $51.98. KeyCorp restated a "hold" rating on shares of Verizon Communications in a research report on Saturday, October 21st. The stock has "Buy" rating by Rosenblatt on Thursday, July 30. Seaport Global has "Neutral" rating and $24 target. The company was maintained on Friday, October 6 by Jefferies. As per Tuesday, August 11, the company rating was downgraded by Vetr. The rating was maintained by RBC Capital Markets with "Hold" on Sunday, September 17.
Investors sentiment increased to 1.2 in 2017 Q3. Its down 0.11, from 1.64 in 2017Q2. It worsened, as 19 investors sold SEP shares while 66 reduced holdings. Penn Capital Management Co Inc, a Pennsylvania-based fund reported 1.12 million shares. 75,504 were reported by Pnc Finance Grp.
Agf Investments Inc decreased its stake in Telus Corp. Compton Management Ri stated it has 76,624 shares. Following the completion of the sale, the executive vice president now owns 3,269 shares in the company, valued at $154,983.29. Owl Creek Asset Management Lp owns 651,400 shares or 1.8% of their U.S. portfolio. Gilman Hill Asset Ltd has 97,233 shares. Gsa Prtnrs Llp holds 8,570 shares.