Published: Sun, March 11, 2018
IT&Software | By Alfonso Woods

AlphaStar Capital Management LLC Invests $252000 in Verizon Communications Inc. (NYSE:VZ)


The stock increased 3.50% or $5.91 during the last trading session, reaching $174.66. About 1.61 million shares traded. It has underperformed by 25.18% the S&P500.

At the end of 12/31/2017 reporting period, 1,076 institutional holders increased their position in Verizon Communications Inc. Verizon Communications Inc. now has $201.07 billion valuation. The stock increased 2.43% or $1.12 during the last trading session, reaching $47.13. Baker Ellis Asset Management LLC increased its holdings in shares of Verizon Communications by 3.3% in the 2nd quarter. It has underperformed by 25.18% the S&P500. HAL's profit will be $428.71 million for 24.05 P/E if the $0.49 EPS becomes a reality. (NYSE:MO). Benin has 6,166 shares for 0.16% of their portfolio.

Among 40 analysts covering Time Warner Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold.

Verizon Communications Inc. has a 12-month low of $42.80 and a 12-month high of $54.77. On Tuesday, January 23 the stock rating was maintained by SunTrust with "Hold". As per Tuesday, April 5, the company rating was initiated by Macquarie Research. The stock of Altria Group, Inc. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the company's stock. Verizon Communications Inc. has $63 highest and $44 lowest target. The firm has "Buy" rating given on Thursday, October 26 by BMO Capital Markets.

Since December 15, 2017, it had 0 insider purchases, and 2 selling transactions for $390,150 activity. Shares for $6.53M were sold by Schroepfer Michael Todd.

Investors sentiment decreased to 0.89 in 2017 Q3. Its up 0.23, from 0.98 in 2017Q2. Parsec Mgmt invested in 119,661 shares. 69 funds opened positions while 264 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Global Endowment Management Lp, a North Carolina-based fund reported 706,750 shares. The firm offers finance and accounting services, including accounts payable comprising document management, invoice processing, approval, resolution management, and T&E processing; order to cash services, such as customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services consisting of accounting, closing and reporting, treasury, tax, and product cost accounting services; enterprise performance management, including budgeting, forecasting, business performance reporting, and analytics; and enterprise risk and compliance services comprising SOX advisory, enterprise risk management, internal audit, FCPA, and IT risk management services. Company insiders own 0.13% of the company's stock. The company's revenue for the quarter was up 2.2% on a year-over-year basis. Sigma Planning has 0.69% invested in Facebook, Inc. Rnc Cap Mngmt Ltd Liability Corp invested in 596,156 shares. First Personal Svcs accumulated 0.88% or 84,517 shares. Nikko Asset Americas Inc has invested 0.01% in Lowe's Companies, Inc. The stock witnessed -10.75% declines, -3.29% declines and 0.29% gains for the 1-month, 3-month and 6-month period, respectively. Corporate insiders own 0.13% of the company's stock. Dnb Asset Mgmt As reported 1.27M shares. Oppenheimer Co Inc holds 0.07% or 26,619 shares in its portfolio.

Investors sentiment increased to 1.15 in 2017 Q3. It is positive, as 81 investors sold VZ shares while 696 reduced holdings. Mitchell Mcleod Pugh And Williams holds 0.86% or 18,395 shares. Alley Com Lc invested 1.49% in Verizon Communications Inc. After $0.14 actual earnings per share reported by Himax Technologies, Inc. for the previous quarter, Wall Street now forecasts -114.29% negative EPS growth. Sand Hill Glob Advisors Limited Liability Corp has 4,152 shares. Atria Investments Ltd Limited Liability Company accumulated 119,830 shares. Incorporated invested in 1.76% or 10.03M shares. Bartlett & Ltd Liability Co holds 602,396 shares. C M Bidwell & Limited holds 0.27% of its portfolio in Verizon Communications Inc. (NYSE:VZ) by 12.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. Mackenzie Financial Corp now owns 11,717,907 shares of the cell phone carrier's stock valued at $620,229,000 after buying an additional 11,325,589 shares during the period. Stadion Money Management Ltd Liability has 0.02% invested in Verizon Communications Inc. (NYSE:VZ). Mirador Limited Partnership owns 19,141 shares. Mountain Pacific Invest Advisers Id owns 0.06% invested in Verizon Communications Inc. (NYSE:VZ). Acg Wealth invested in 41,199 shares. Moreover, Wright Investors Ser Inc has 0.3% invested in Verizon Communications Inc.

Analysts await Facebook, Inc. Verizon Communications reported sales of $29.81 billion during the same quarter last year, which indicates a positive year over year growth rate of 4.6%. AGF Management had 31 analyst reports since July 24, 2015 according to SRatingsIntel.

TRADEMARK VIOLATION NOTICE: "Verizon Communications (VZ) Stock Rating Lowered by Vetr" was originally posted by StockNewsTimes and is the property of of StockNewsTimes. The third largest holder is State Street Corp, which now holds $7.89 billion worth of this stock and that ownership represents almost 4% of its market capitalization. Chardan Capital Markets maintained the stock with "Buy" rating in Monday, August 10 report. The firm has "Neutral" rating by Citigroup given on Wednesday, October 21. The rating was maintained by Brean Capital with "Buy" on Thursday, July 30. The firm has "Strong Buy" rating by Raymond James given on Wednesday, January 13. The firm earned "Neutral" rating on Thursday, February 4 by DA Davidson. The firm earned "Hold" rating on Friday, July 7 by RBC Capital Markets. The rating was downgraded by Telsey Advisory Group on Tuesday, January 3 to "Market Perform". Scotia Capital has "Sector Perform" rating and $50 target. As per Monday, March 14, the company rating was maintained by Citigroup.

Argent Capital Management Llc, which manages about $2.51 billion and $2.59B US Long portfolio, decreased its stake in F.N.B.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Like this: