(NYSE:VZ) Short Interest Update

Marco Green
January 13, 2018

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. About 119,276 shares traded or 57.46% up from the average. It has underperformed by 7.13% 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. Dearborn Partners Llc bought 26,661 shares as the company's stock declined 7.66% while stock markets rallied. The institutional investor held 84,813 shares of the telecommunications equipment company at the end of 2017Q3, valued at $4.20 million, up from 40,980 at the end of the previous reported quarter. About 7.00 million shares traded. Verizon Communications Inc. (NYSE:VZ)'s short interest is 33.22 million shares, or 0.82% of the float. It has underperformed by 25.18% the S&P500. (NYSE:VZ). Amf Pensionsforsakring Ab holds 2.40 million shares or 1.3% of its portfolio. 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). During the same quarter last year, the firm earned $1.01 EPS. sell-side analysts forecast that Verizon Communications Inc. will post 3.77 EPS for the current year.

Ratings analysis reveals 27% of Verizon Communications Inc.'s analysts are positive. The rating was maintained by RBC Capital Markets on Sunday, September 17 with "Hold". Raymond James Tru Na owns 1.09% invested in Verizon Communications Inc. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Thursday, December 21. The stock has "Hold" rating by Oppenheimer on Thursday, August 10. Acropolis Investment Management LLC lifted its stake in Verizon Communications by 164.1% during the fourth quarter. As per Tuesday, April 5, the company rating was initiated by Macquarie Research. Finally, Bank of America set a $52.00 price target on Verizon Communications and gave the stock a "buy" rating in a research note on Friday, October 20th. The firm has "Neutral" rating given on Wednesday, July 6 by Seaport Global. (NYSE:VZ) has "Outperform" rating given on Monday, January 25 by RBC Capital Markets. Mackie upgraded it to "Hold" rating and $4 target in Friday, August 28 report. The company was upgraded on Friday, September 16 by Desjardins Securities.

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

Analysts await Verizon Communications Inc. (NYSE:VZ) on Tuesday, January 2 with "Sector Weight" rating. They expect $0.88 earnings per share, up 2.33 % or $0.02 from last year's $0.86 per share. Following the sale, the executive vice president now directly owns 3,269 shares in the company, valued at $154,983.29. Verizon Communications Inc. has a fifty-two week low of $42.80 and a fifty-two week high of $53.69.

Investors of record on Wednesday, January 10th will be issued a $0.59 dividend. Its the same as in 2017Q2. Sold All: 81 Reduced: 696 Increased: 570 New Position: 114. 329,786 are owned by Roffman Miller Associates Pa.

Analysts often look at short interest, or the number of shares now being shorted by investors, to aid in their outlook for a particular stock. Silvercrest Asset Mngmt Group Inc Limited has 681,501 shares for 0.27% of their portfolio. Private Vista LLC raised its position in Verizon Communications by 3,339.1% in the second quarter. Swedbank holds 0.88% or 2.91 million shares. First Midwest State Bank Trust Division holds 119,409 shares. Confluence Wealth Management Ltd Liability Corporation holds 0.6% or 24,750 shares. Leisure Mngmt has invested 0.22% in Verizon Communications Inc. Visionary Asset Mngmt, Texas-based fund reported 56,468 shares. Mackie upgraded New Gold Inc. (VZ) Ex-Dividend Date Scheduled for January 09, 2018" published on January 08, 2018, Investorplace.com published: "3 Reasons Verizon Communications Inc. Putnam Lc invested 0.46% in Verizon Communications Inc. (NYSE:VZ). Martingale Asset Management Limited Partnership reported 241,450 shares. 132,460 are owned by Affinity Inv Advisors Ltd Llc. Df Dent invested in 9,231 shares. (NYSE:VZ), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 92% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, May 31. On Thursday, October 19 the stock rating was maintained by Cowen & Co with "Hold". The stock has "In-Line" rating by Morgan Stanley on Friday, March 24. Citigroup has "Neutral" rating and $49 target. The stock of Sterling Bancorp (NYSE:STL) earned "Buy" rating by Maxim Group on Thursday, June 23.

Investors sentiment decreased to 1.53 in 2017 Q3. Its up 0.03, from 1.28 in 2017Q2. It worsened, as 19 investors sold SEP shares while 66 reduced holdings. 43 funds opened positions while 78 raised stakes. 6,000 are held by Bb&T Corporation. Gam Holding Ag reported 112,874 shares. 75,504 were reported by Pnc Finance Grp. Baldwin Brothers Ma stated it has 160,535 shares. Credit Suisse Ag owns 7.66 million shares or 0.37% of their U.S. portfolio. Koshinski Asset Management Inc. owns 81,764 shares or 0.59% of their United States portfolio. Aqr Capital Mgmt Ltd Limited Liability Company reported 64,866 shares stake. Gsa Prtnrs Llp holds 8,570 shares. The firm has a market cap of $210,870.00, a price-to-earnings ratio of 13.25, a price-to-earnings-growth ratio of 4.80 and a beta of 0.57. Salem Investment Counselors holds 0% or 100 shares.

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