Crazy Volume Spikes for: Verizon Communications Inc. (NYSE:VZ)

Marco Green
January 13, 2018

About 5.21M shares traded.

Verizon Communications Inc. (NYSE:VZ) now has a Weekly Volatility of 1.45% percent while its Monthly Volatility is at 1.41% percent. It has underperformed by 25.18% the S&P500. Mathes Commerce Inc reported 22,811 shares stake.

Philippe Laffont decreased its stake in Netflix Inc (NFLX) by 2.22% based on its latest 2017Q3 regulatory filing with the SEC. Mariner Investment Group Llc sold 85,707 shares as the company's stock declined 4.02% while stock markets rallied. The hedge fund run by Irving Kahn held 921,840 shares of the major banks company at the end of 2017Q3, valued at $22.72B, up from 918,779 at the end of the previous reported quarter.

Kempner Capital Management Inc increased its stake in Vz Verizon Comm. Inc. for a number of months, seems to be bullish on the $211.54 billion market cap company. The stock decreased 0.18% or $0.095 during the last trading session, reaching $51.515. About 10.53M shares traded. New Gold Inc. (NYSEMKT:NGD) has declined 31.09% since January 12, 2017 and is downtrending. It has underperformed by 15.19% the S&P500. Therefore 53% are positive. Douglas Dynamics had 6 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Buy" rating by Nomura given on Tuesday, December 12. The firm has "Neutral" rating given on Monday, March 14 by Citigroup. Barclays Capital maintained the shares of VZ in report on Monday, April 18 with "Equal-Weight" rating. The firm has "Sector Perform" rating given on Wednesday, January 25 by RBC Capital Markets. The stock has "Buy" rating by Piper Jaffray on Tuesday, October 3. The stock has "Hold" rating by Zacks on Monday, September 7. Bank of America set a $52.00 target price on Verizon Communications and gave the company a "buy" rating in a report on Friday, October 20th. Bellecapital Int Ltd holds 0.26% or 4,500 shares in its portfolio. TU's profit will be $257.43 million for 21.24 P/E if the $0.44 EPS becomes a reality.

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 quarterly revenue was up 2.5% compared to the same quarter last year. equities research analysts anticipate that Verizon Communications will post 3.77 EPS for the current year. The cell phone carrier reported $0.98 EPS for the quarter, hitting the consensus estimate of $0.98. The ratio is flat, as only 684 funds started new and increased positions, while 777 sold and reduced their stock positions in Verizon Communications Inc. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 75% are positive. New Gold Inc. had 13 analyst reports since August 24, 2015 according to SRatingsIntel.

In other Verizon Communications news, EVP Craig L. Silliman sold 610 shares of the business's stock in a transaction that occurred on Monday, November 27th. Moffett Nathanson reiterated a "buy" rating on shares of Verizon Communications in a research report on Thursday, October 12th. Segment Wealth Mngmt holds 0.17% in Verizon Communications Inc. DA Davidson initiated the stock with "Neutral" rating in Thursday, February 4 report. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Wednesday, January 25. Albion Financial Ut holds 0.48% of its portfolio in Verizon Communications Inc. (NYSE:VZ). 15,000 are held by Paw Capital Corp. Cowen & Co maintained Verizon Communications Inc. The firm has "Outperform" rating given on Wednesday, September 30 by RBC Capital Markets. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Thursday, December 21.

Since August 28, 2017, it had 0 insider purchases, and 3 sales for $89,365 activity.

Dorsey & Whitney Trust Company Llc, which manages about $502.84 million US Long portfolio, upped its stake in Hormel Foods Corp (NYSE:HRL) by 17,566 shares to 237,353 shares, valued at $7.63M in 2017Q3, according to the filing. It also reduced its holding in Catalent (NYSE:CTLT) by 26,245 shares in the quarter, leaving it with 805,565 shares, and cut its stake in Sp Plus (NASDAQ:SP).

Investors of record on Tuesday, January 10th will be issued a dividend of $0.5775 per share. Its the same as in 2017Q2. Sold All: 81 Reduced: 696 Increased: 570 New Position: 114. Mogy Joel R Counsel holds 1.79% or 217,483 shares in its portfolio. Acropolis Investment Management LLC now owns 5,018 shares of the cell phone carrier's stock worth $266,000 after purchasing an additional 3,118 shares during the last quarter.

COPYRIGHT VIOLATION NOTICE: "Verizon Communications Inc". Regal Wealth Group Inc. raised its position in Verizon Communications by 0.7% in the second quarter. (NYSE:VZ) for 45,539 shares. Ahl Ptnrs Ltd Liability Partnership stated it has 0.01% in Verizon Communications Inc. The original version of this story can be viewed at (NYSE:VZ). Pinnacle Associates holds 0.31% or 342,434 shares. Jarislowsky Fraser accumulated 18,014 shares. Provise Management Group Llc, a Florida-based fund reported 11,500 shares. Clark Estates holds 7.14% or 869,282 shares in its portfolio. Camarda Financial Advisors LLC now owns 3,749 shares of the cell phone carrier's stock valued at $167,000 after purchasing an additional 382 shares during the last quarter. Highlander Mngmt Ltd Company holds 0.02% or 1,000 shares in its portfolio. Virtus Advisers Inc invested 0.18% in Verizon Communications Inc. (NYSE:VZ) or 19,105 shares.

ILLEGAL ACTIVITY WARNING: "Verizon Communications Inc".

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Click Lancashire

Discuss This Article