Published: Sun, January 14, 2018
Finance | By Loren Pratt

Wedbush Securities Inc. Has $6.86 Million Stake in Verizon Communications Inc. (VZ)


The company has market cap of $85.10 million. Barrow Hanley Mewhinney & Strauss Ltd Liability reported 27.77 million shares or 2.07% of all its holdings. Mariner Investment Group Llc who had been investing in Spectra Energy Partners Lp for a number of months, seems to be less bullish one the $13.35 billion market cap company. The stock increased 2.34% or $0.8 during the last trading session, reaching $35.05. The stock had a trading volume of 12,357,639 shares, compared to its average volume of 14,834,950.

News stories about Verizon Communications (NYSE:VZ) have been trending somewhat positive this week, according to Accern. It has underperformed by 6.84% the S&P500.

Sandy Spring Bank decreased its stake in Verizon Communications (VZ) by 3.25% based on its latest 2017Q3 regulatory filing with the SEC. James Investment Research Inc. now owns 305,094 shares of the cell phone carrier's stock worth $17,036,000 after buying an additional 139,153 shares during the last quarter. Camarda Financial Advisors LLC now owns 3,749 shares of the cell phone carrier's stock worth $167,000 after purchasing an additional 382 shares in the last quarter. The company has a market capitalization of $210,870.00, a price-to-earnings ratio of 13.25, a PEG ratio of 4.80 and a beta of 0.57. About 5.21M shares traded. 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.

Bernzott Capital Advisors, which manages about $528.67M and $701.09 million US Long portfolio, decreased its stake in Advisory Board (NASDAQ:ABCO) by 100,515 shares to 492,990 shares, valued at $26.44M in 2017Q3, according to the filing. The business's revenue was up 2.5% on a year-over-year basis. equities research analysts forecast that Verizon Communications Inc. will post 3.77 earnings per share for the current year. Instinet upped their price target on Verizon Communications from $47.00 to $61.00 and gave the stock a "buy" rating in a research note on Tuesday, December 12th. Therefore 27% are positive. Douglas Dynamics had 6 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Hold" rating by Zacks on Monday, September 7.

Analysts await Verizon Communications Inc. The rating was maintained by Argus Research on Wednesday, October 21 with "Buy". Geode Cap Mngmt Ltd Liability has 0.73% invested in Verizon Communications Inc. The company was downgraded on Thursday, April 7 by Jefferies. The firm has "Neutral" rating given on Wednesday, July 6 by Seaport Global. The firm earned "Market Perform" rating on Monday, January 23 by Wells Fargo. "(NYSE:VZ) Holdings Increased by Whittier Trust Co. of Nevada Inc." was reported by StockNewsTimes and is the property of of StockNewsTimes. As per Tuesday, January 3, the company rating was upgraded by Citigroup. KeyBanc Capital Markets maintained the shares of VZ in report on Wednesday, October 11 with "Hold" rating.


Since January 1, 0001, it had 0 buys, and 3 sales for $89,365 activity. MAI Capital Management boosted its stake in shares of Verizon Communications by 1.8% in the second quarter. (NASDAQ:SLCT) to report earnings on January, 26. The cell phone carrier reported $0.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by $0.03. SLCT's profit will be $2.22M for 16.76 P/E if the $0.19 EPS becomes a reality. Whittier Trust Co. of Nevada Inc.'s holdings in Verizon Communications were worth $5,947,000 at the end of the most recent quarter. Investors of record on Wednesday, January 10th will be issued a $0.59 dividend. 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. North Star Invest Mgmt invested in 0.52% or 104,486 shares. Provise Mngmt Limited Liability Co holds 0.45% or 62,945 shares in its portfolio. Birinyi Assocs Incorporated holds 0.61% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 21,975 shares. Geode Cap Management Ltd owns 0% invested in Synacor, Inc. Ahl Ptnrs Ltd Liability Partnership stated it has 0.01% in Verizon Communications Inc. Excalibur Management Corp, a Massachusetts-based fund reported 143,367 shares.#img1#. The Israel-based Menora Mivtachim Hldgs has invested 0.01% in Verizon Communications Inc. SILLIMAN CRAIG L. also sold $30,030 worth of Verizon Communications Inc.

Dearborn Partners Llc increased its stake in Verizon Communications (VZ) by 12.49% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:VZ). Martingale Asset Management Limited Partnership reported 241,450 shares. Teton Advisors invested in 0.04% or 10,000 shares. Searle & CO. lifted its position in shares of Verizon Communications by 9.9% in the 1st quarter. As per Tuesday, August 11, the company rating was downgraded by Vetr. (NYSE:VZ) news were published by: Nasdaq.com which released: "Verizon to Stream NFL Games, Boost Digital Media Business" on January 10, 2018, also Fool.com with their article: "Better Stock: Verizon Communications Inc. vs. AT&T Inc." published on December 20, 2017, Fool.com published: "Better Buy: Verizon Communications Inc. vs. Frontier Communications" on January 02, 2018. The company was maintained on Thursday, July 13 by Piper Jaffray. The stock has "Hold" rating by Cowen & Co on Friday, July 28. The stock has "In-Line" rating by Morgan Stanley on Friday, March 24.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 1st.

Investors sentiment is 0.88 in 2017 Q3.

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