Weekly Verizon Communications Inc. (NYSE:VZ) Ratings on April 21, 2018

Joanna Estrada
April 22, 2018

The institutional investor held 383,210 shares of the telecommunications equipment company at the end of 2017Q4, valued at $20.28 million, up from 371,988 at the end of the previous reported quarter. Verizon Communications has a 12-month low of $42.80 and a 12-month high of $54.77. The stock has a market capitalization of $199,917.30, a price-to-earnings ratio of 12.81, a P/E/G ratio of 1.96 and a beta of 0.64. Capital Research Global Investors now owns 153,408,016 shares of the cell phone carrier's stock worth $6,851,202,000 after purchasing an additional 20,070,391 shares during the last quarter.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings data on Thursday, April 20th. VZ underperformed the S&P500 by 15.27%. The institutional investor owned 5,522 shares of the cell phone carrier's stock after buying an additional 1,128 shares during the period. It's up 0.24, from 1.13 in 2017Q3. The ratio has no change, as only 36 active investment managers opened new or increased equity positions, while 18 reduced and sold equity positions in Timberland Bancorp Inc. About 18.22 million shares traded or 6.33% up from the average. Also, the number of hedge funds holding Blackrock Multi-sector Income Trust in top ten stock positions was flat from 0 to 0 for the same number.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.14, from 0.88 in 2017Q3. The ratio improved due to VZ positioning: 57 sold and 662 reduced. Delphi Private Advisors LLC acquired a new position in shares of Verizon Communications during the fourth quarter worth $141,000. Lucas Capital Mgmt reported 0.72% in Verizon Communications Inc. (NYSE:VZ). Papp L Roy & Associate has 6,586 shares.

Analysts await Verizon Communications Inc.

Among 14 analysts covering AMETEK (NYSE:AME), 14 have Buy rating, 0 Sell and 0 Hold. Oberweis Asset Mngmt holds 3,787 shares or 0.05% of its portfolio. Moreover, Quantitative Investment Management Ltd has 0.43% invested in Verizon Communications Inc. Shareholders of record on Tuesday, April 10th will be issued a dividend of $0.59 per share. Kopp Investment Advisors Limited Company, Minnesota-based fund reported 13,155 shares. Forte Cap Llc Adv has invested 0.49% of its portfolio in Verizon Communications Inc. (NASDAQ:HAS) shares. Shares for $1.45 million were sold by Billing Duncan. Murphy Capital Mgmt Inc reported 233,386 shares. Hbk Sorce Advisory Limited Liability Com stated it has 0.4% of its portfolio in Verizon Communications Inc. Toronto Dominion Natl Bank reported 0.33% stake. 255 are owned by Ironwood Finance Ltd. $29,658 worth of Verizon Communications Inc. Therefore 43% are positive. The stock of Verizon Communications Inc. The stock presently has a consensus rating of "Hold" and an average target price of $53.57. Since November 20, 2017 according to StockzIntelligence Inc Verizon Communications has 20 analyst reports. Barclays Capital maintained it with "Equal Weight" rating and $49 target in Thursday, April 13 report. On Friday, October 6 the stock rating was maintained by Jefferies with "Hold". On Tuesday, January 3 the stock rating was upgraded by Citigroup to "Buy".

Verizon Communications Inc, through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The stock rating was maintained by Jefferies with "Hold" on Wednesday, January 24. The stock has "Buy" rating by Scotia Capital on Monday, January 22. (NYSE:VZ) rating on Tuesday, January 2. The firm has "Hold" rating by RBC Capital Markets given on Friday, October 20. Scotiabank upgraded Verizon Communications from a "sector perform" rating to a "buy" rating and set a $60.00 price target on the stock in a research report on Monday, January 22nd. The rating was downgraded by Raymond James on Wednesday, January 25 to "Mkt Perform". Thomas Deborah also sold $578,009 worth of Hasbro, Inc. Conocophillips (NYSE:COP) was reduced too.

Since October 27, 2017, it had 0 insider buys, and 2 selling transactions for $376,615 activity. The North Carolina-based Kingfisher Cap Ltd has invested 1.23% in Verizon Communications Inc. With 600 avg volume, 182 days are for EISAI CO LTD ORDINARY SHARES (OTCMKTS:ESALF)'s short sellers to cover ESALF's short positions. They expect $1.11 EPS, up 16.84% or $0.16 from last year's $0.95 per share. About 491,594 shares traded. iStar Inc. Monsanto Company (NYSE:MON) has risen 3.06% since April 21, 2017 and is uptrending. It has underperformed by 11.55% the S&P500. For the next financial year, analysts forecast that the company will post earnings of $4.67 per share, with EPS estimates ranging from $4.44 to $5.13.

iStar Inc. finances, invests in, and develops real estate and real estate related projects in the United States. The company has market cap of $238.29 million. It operates through four divisions: Real Estate Finance, Net Lease, Operating Properties, and Land and Development. It has a 67.51 P/E ratio.

Meritage Portfolio Management, which manages about $1.31 billion and $1.04 billion US Long portfolio, decreased its stake in Ishares Russell 1000 Growth (IWF) by 4,606 shares to 35,380 shares, valued at $4.77 million in 2017Q4, according to the filing. Bp Public Limited Co holds 13,000 shares or 0.04% of its portfolio. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twelve have issued a buy rating to the company's stock. The California-based Glendon Capital Management Lp has invested 1.3% in the stock. Hourglass Capital Limited Liability Corp reported 67,709 shares stake.

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