Verizon Communications Inc. (VZ) Position Cut by Private Asset Management Inc

Ally Financial Inc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $212.58B market cap company. The stock decreased 0.37% or $0.19 during the last trading session, reaching $51.61.

Coatue Management Llc, which manages about $14.38B and $12.24B US Long portfolio, upped its stake in Teradyne Inc (NYSE:TER) by 1.17M shares to 2.49 million shares, valued at $92.87M in 2017Q3, according to the filing. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 12, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Price T Rowe Associates Inc decreased its stake in New Gold Inc Cda (NGD) by 8.31% based on its latest 2017Q3 regulatory filing with the SEC.

Other hedge funds have also bought and sold shares of the company. The Check Capital Management Inc holds 733,672 shares with $36.31M value, down from 990,920 last quarter. Bernzott Capital Advisors who had been investing in Douglas Dynamics for a number of months, seems to be bullish on the $903.64 million market cap company. The stock increased 0.32% or $0.17 during the last trading session, reaching $51.85. Diversified Co holds 6,193 shares. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 10, 2017 and is uptrending. It has outperformed by 44.64% the S&P500. Two equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Therefore 53% are positive.

Private Asset Management Inc. lowered its position in Verizon Communications Inc. The stock of Douglas Dynamics, Inc. The rating was downgraded by Credit Suisse on Tuesday, January 31 to "Underperform". As per Thursday, July 23, the company rating was maintained by Cowen & Co. (NASDAQ:NFLX) earned "Buy" rating by Loop Capital on Monday, October 9. The firm has "Neutral" rating given on Wednesday, July 6 by Seaport Global. Verizon Communications's dividend payout ratio is presently 60.51%. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows "Sell" signal. Kahn Brothers Group Inc bought 3,061 shares as the company's stock declined 13.35% while stock markets rallied. McCormick Robert L sold 15,000 shares worth $601,125.


Investors sentiment is 0.88 in 2017 Q3. Its down 0.11, from 1.64 in 2017Q2.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rk Capital Mngmt Ltd Liability owns 266,849 shares for 2.45% of their portfolio. The cell phone carrier reported $0.98 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.98. Mairs & Power Inc has invested 0.95% in QUALCOMM Incorporated (NASDAQ:QCOM). (NYSE:PLOW) for 1.36M shares.

Fiduciary Financial Services Of The Southwest Inc Tx holds 0.99% of its portfolio in John Hancock Preferred Income Fund II for 150,515 shares. Moreover, Pacific Ridge Capital Limited Liability has 0.26% invested in Douglas Dynamics, Inc. Cypress Asset Mgmt Tx reported 124,635 shares. (NYSE:VZ). Bbva Compass Bancshares Inc owns 0.24% invested in Verizon Communications Inc. The institutional investor held 221,208 shares of the telecommunications equipment company at the end of 2017Q3, valued at $10.95 million, down from 228,649 at the end of the previous reported quarter. 295,800 were reported by Bridgeway Mngmt. Teachers Retirement Sys Of The State Of Kentucky owns 916,980 shares for 0.55% of their portfolio. Moreover, Raymond James & Assoc has 0.05% invested in Spectra Energy Partners, LP (NYSE:SEP). Selway Asset Mngmt owns 46,696 shares for 1.34% of their portfolio. Comml Bank accumulated 138,100 shares or 0.76% of the stock. Whittier Trust Co. of Nevada Inc.'s holdings in Verizon Communications were worth $5,947,000 at the end of the most recent quarter. (NYSE:VZ) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Therefore 42% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The original version of this story can be viewed at https://www.thelincolnianonline.com/2018/01/10/montecito-bank-trust-increases-holdings-in-verizon-communications-inc-vz-updated-updated.html. (NYSE:VZ) on Monday, November 20 to "Outperform" rating. Cowen & Co maintained it with "Hold" rating and $4900 target in Tuesday, July 18 report. As per Monday, January 25, the company rating was maintained by RBC Capital Markets. (NASDAQ:SYNC) rating on Tuesday, October 18. The stock has "Hold" rating by RBC Capital Markets on Friday, July 7. As per Thursday, April 7, the company rating was maintained by JP Morgan. Moffett Nathanson restated a "buy" rating on shares of Verizon Communications in a report on Thursday, October 12th. WASHINGTON TRUST Co now owns 302,049 shares of the cell phone carrier's stock valued at $14,724,000 after purchasing an additional 5,142 shares during the period. KeyBanc Capital Markets has "Buy" rating and $68.0 target. The rating was upgraded by Nomura to "Buy" on Tuesday, December 12.

Since August 28, 2017, it had 0 insider buys, and 3 sales for $89,365 activity. Investors of record on Wednesday, January 10th will be given a dividend of $0.59 per share. Its the same as in 2017Q2. It is without change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 4,973 are held by Leisure Cap Management. (NYSE:VZ) for 31,697 shares. (NYSE:VZ). Junto Capital Lp accumulated 776,100 shares. Next Fincl Gp reported 69,429 shares. Amf Pensionsforsakring Ab has 1.3% invested in Verizon Communications Inc. (NYSE:VZ) for 431,888 shares. Metropolitan Life Ins New York has 2.02 million shares for 0.63% of their portfolio. (NYSE:VZ). Northstar Ltd Limited Liability Company owns 136,228 shares. (NYSE:VZ). Lvw Ltd owns 71,061 shares or 1.4% of their USA portfolio. (NYSE:VZ) for 26,047 shares.

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