Verizon Communications Inc. (VZ) Shares Bought by Moloney Securities Asset Management LLC

Marco Green
March 31, 2018

The institutional investor held 234,797 shares of the telecommunications equipment company at the end of 2017Q4, valued at $12.43M, up from 221,217 at the end of the previous reported quarter. Capital Investment Advisors Llc bought 13,580 shares as the company's stock declined 11.05% with the market. The stock decreased 1.59% or $3.68 during the last trading session, reaching $227.28. ORXCF's SI was 1.40 million shares in March as released by FINRA.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Tuesday, January 23rd. It has underperformed by 15.27% the S&P500.

Investors sentiment decreased to 0.93 in Q4 2017. Its up 0.14, from 0.88 in 2017Q3.

Financial Advisory Service Inc increased Spdr Series Trust (MBG) stake by 12,316 shares to 170,365 valued at $4.43 million in 2017Q4. 1 funds opened positions while 0 raised stakes. Zacks downgraded the shares of VZ in report on Monday, September 7 to "Hold" rating. (NYSE:VZ). Dowling And Yahnke Ltd Liability Corp holds 0.17% of its portfolio in Verizon Communications Inc. On a Monthly basis the stock is 0.17%. Roffman Miller Pa owns 341,517 shares or 2.23% of their USA portfolio. Tctc Limited Co stated it has 0.05% of its portfolio in Wells Fargo & Company (NYSE:WFC). (NYSE:VZ). Ghp Inv Advsrs has invested 0.49% in Verizon Communications Inc. Vigilant Cap Management, a Maine-based fund reported 23,442 shares. Geode Cap Limited Liability Corporation holds 41.14 million shares. Old Dominion Capital accumulated 15,815 shares. (NYSE:VZ). Barbara Oil Company reported 0.76% of its portfolio in Verizon Communications Inc. Numeric Investors Limited Co has 99,200 shares for 0.04% of their portfolio. (NYSE:SAVE). Utah Retirement reported 0.01% stake. The cell phone carrier reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.02). They expect $1.12 EPS, up 17.89% or $0.17 from last year's $0.95 per share. After $0.97 actual earnings per share reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 10.31% EPS growth.

Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 47% are positive. Verizon Communications Inc. had 77 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, January 25, the company rating was downgraded by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Tuesday, October 17 with "Buy". On Monday, October 24 the stock rating was upgraded by Barclays Capital to "Overweight". (NYSE:VZ) by 33.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The stock has "Neutral" rating by Guggenheim on Wednesday, April 6. (NYSE:VZ) earned "Hold" rating by Oppenheimer on Thursday, July 27. The stock has an average rating of "Hold" and an average target price of $54.31. (NYSE:VZ) on Tuesday, February 13. Finally, Scotiabank upgraded shares of Verizon Communications from a "sector perform" rating to a "buy" rating and set a $60.00 price target for the company in a research note on Monday, January 22nd. The stock has "Neutral" rating by JP Morgan on Monday, January 9.

Since October 27, 2017, it had 0 insider buys, and 2 selling transactions for $376,615 activity. SILLIMAN CRAIG L. also sold $29,658 worth of Verizon Communications Inc.

A statistical measure of the dispersion of returns (volatility) for VZ producing salvation in Investors mouth, it has week volatility of 2.04% and for the month booked as 1.65%. Its down 0.01, from 0.01 in 2017Q3.

Several other institutional investors and hedge funds also recently made changes to their positions in VZ. Apg Asset Management Nv owns 6.38 million shares. Regal Wealth Group Inc. grew its stake in Verizon Communications by 0.7% during the second quarter. (NYSE:VZ) for 104,580 shares. Mutual Federation Of Agricultural Cooperatives reported 33,600 shares stake. It is created to give program members easy access to Verizon's world-class, enterprise product portfolio; their customers benefit from access to Verizon's robust ecosystem of networking, machine-to-machine (M2M), advanced communications, and security solutions, delivered in a way that best matches their buying preferences. (NYSE:VZ) for 36,323 shares. Westwood Hldg Group owns 70,240 shares. The original version of this piece of content can be read at (NYSE:SAVE). Schwab Charles Mgmt Incorporated holds 375,007 shares. Comerica National Bank, Michigan-based fund reported 68,664 shares. 84,826 are held by Intersect Ltd Com. Menora Mivtachim Ltd owns 5,800 shares for 0.01% of their portfolio.

In other Verizon Communications news, SVP Anthony T. Skiadas sold 6,967 shares of the firm's stock in a transaction dated Tuesday, February 13th. FMR LLC lifted its holdings in shares of Verizon Communications by 15.0% in the 2nd quarter.

TRADEMARK VIOLATION WARNING: "Founders Capital Management Has $119,000 Holdings in Verizon Communications Inc". Pub Sector Pension Invest Board has 0.19% invested in Spirit Airlines, Inc. Investors of record on Tuesday, April 10th will be issued a dividend of $0.59 per share.

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