Economy

Verizon Communications Inc. (VZ) Announces Earnings Results

The Massachusetts-based Jp Marvel Advisors Limited Company has invested 0.15% in Verizon Communications Inc. The Rothschild Investment Corp holds 217,381 shares with $9.71M value, up from 203,234 last quarter. The company has market cap of $58.05 million.

The stock increased 0.15% or $0.11 on October 27, reaching $73.87. About 3.06 million shares traded or 50.00% up from the average. It is down 20.82% since October 29, 2016 and is uptrending. It has underperformed by 9.03% the S&P500.

Factory Mutual Insurance Company decreased Du Pont E I De Nemours & Co (DD) stake by 0.97% reported in 2017Q2 SEC filing. (NYSE:VZ) on Monday, September 7 to "Hold" rating.

Verizon Communications Inc is a holding company. Shareholders of record on Friday, October 7th will be given a $0.0125 dividend. About 12.42 million shares traded.

Verizon Communications (NYSE:VZ) last issued its earnings results on Thursday, October 19th. It has underperformed by 25.18% the S&P500.

Since May 1, 2017, it had 0 insider purchases, and 1 insider sale for $27,657 activity. WALDEN MARNI M sold $753,961 worth of stock or 16,362 shares.

Amrep Corp (NYSE:AXR) institutional sentiment decreased to 0.83 in 2017 Q2. Its down 0.12, from 1 in 2017Q1. It worsened, as 90 investors sold VZ shares while 700 reduced holdings.

A number of hedge funds have recently added to or reduced their stakes in the business. Sheets Smith Wealth Management reported 0.48% stake. First Merchants accumulated 9,301 shares. Ohio-based Shoker Counsel has invested 0.33% in Verizon Communications Inc. (NYSE:VZ) was sold by SILLIMAN CRAIG L. Wealthtrust holds 0% in Tilly's Inc (NYSE:TLYS) or 135 shares. Rench Wealth Management Inc reported 4.04% stake. Jacobs Levy Equity Mgmt stated it has 123,672 shares. Avalon Advisors Limited stated it has 1.02% in Verizon Communications Inc. (NYSE:VZ). Aspiriant Ltd stated it has 68,573 shares. Geneva Advsrs Limited Liability Com, a Illinois-based fund reported 61,353 shares. Verizon Communications Com now has $199.36 billion valuation. (NYSE:VZ). Burt Wealth Advsr invested 0.22% of its portfolio in Verizon Communications Inc. Ny State Common Retirement Fund owns 10,200 shares or 0% of their U.S. portfolio. 24,590 are owned by Pinnacle Advisory Grp.

Verizon Communications Inc is a holding company.

Among 6 analysts covering Kenmare Resources PLC (LON:KMR), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 23% are positive.

Amrep Corporation is a holding company. Drexel Hamilton reissued an "in-line" rating on shares of Verizon Communications in a report on Wednesday, July 27th. The firm has "Buy" rating by Brean Capital given on Thursday, August 27. (NYSE:VZ) earned "Neutral" rating by Moffet Nathanson on Friday, April 1. Zacks Investment Research raised Verizon Communications from a "sell" rating to a "hold" rating in a research report on Friday, July 7th. Bernstein downgraded Verizon Communications Inc. RBC Capital Markets maintained E I Du Pont De Nemours And Co (NYSE:DD) on Wednesday, April 26 with "Sector Perform" rating. BidaskClub raised Verizon Communications from a "strong sell" rating to a "sell" rating in a research report on Monday, July 31st. The company was upgraded on Friday, August 14 by Zacks.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. The firm has "Neutral" rating given on Friday, October 16 by Nomura.

Jefferies Group Llc, which manages about $15.00 billion US Long portfolio, decreased its stake in Union Pac Corp (NYSE:UNP) by 337,788 shares to 60,312 shares, valued at $6.57M in 2017Q2, according to the filing. This is a boost from Verizon Communications's previous quarterly dividend of $0.58. The legal version of this report can be viewed at https://www.truebluetribune.com/2017/10/29/fcm-investments-tx-lowers-position-in-verizon-communications-inc-vz.html. Proficio Capital Partners LLC boosted its position in Verizon Communications by 139.8% during the first quarter. The company was maintained on Tuesday, August 25 by B. Riley & Co. Verizon Communications's payout ratio is 67.15%. Streetinsider.com's article titled: "UPDATE: DA Davidson Starts Coty Inc".

Since May 23, 2017, it had 7 insider buys, and 0 selling transactions for $3.51 million activity. (NYSE:VZ) or 949,503 shares. HARF PETER also bought $503,447 worth of Coty Inc (NYSE:COTY) shares. Apg Asset Nv has 1.15M shares.

Investors sentiment decreased to 1.14 in Q2 2017. Its down 0.01, from 0.79 in 2017Q1. Utah Retirement invested in 0.78% or 748,959 shares. 86 funds opened positions while 301 raised stakes. Thomas White Interest Ltd holds 25,868 shares or 0.2% of its portfolio. Fmr Ltd Company has invested 0.15% in Coty Inc (NYSE:COTY). (NYSE:VZ). State Teachers Retirement invested in 7.03M shares. First Manhattan has invested 0.99% in Coty Inc (NYSE:COTY). Grove Bank & Trust now owns 44,882 shares of the cell phone carrier's stock worth $2,004,000 after purchasing an additional 2,616 shares during the period. Commerzbank Aktiengesellschaft Fi accumulated 0.01% or 35,643 shares. Coastline holds 72,167 shares. Jpmorgan Chase And has invested 0% in Tilly's Inc (NYSE:TLYS). (NYSE:OMN). 32,473 were accumulated by Panagora Asset. North Star Invest Mgmt Corp has invested 0% of its portfolio in OMNOVA Solutions Inc. The stock had a trading volume of 3,765,204 shares. Grove Bank & Trust boosted its position in Verizon Communications by 6.2% during the second quarter. Institutional investors own 62.28% of the company's stock. Harvey Mgmt Inc holds 11,915 shares or 0.23% of its portfolio.

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