As of quarter end Palo Capital, Inc. had disposed of 3,616 shares trimming its stake by 3.6%.
Shares of Verizon Communications Inc.
Other hedge funds and other institutional investors have also modified their holdings of the company. Ruggie Capital Group raised its position in shares of Verizon Communications by 0.3% in the third quarter.
Verizon Communications Inc. was covered by a number of analysts recently, 2 rated the stock as Buy, 22 rated Hold, 0 rated sell and 1 gave an Underperform. It has underperformed by 16.70% the S&P500.
Verizon Communications Inc. (VZ) stock price fell -2.09 percent over the past one year, while increased 0.9 percent during the past 6 months. Investors of record on Tuesday, October 10th will be paid a dividend of $0.59 per share. Its down 6.11% from 8.11 million shares previously. (NYSE:VZ). Exxonmobil Mgmt Inc Tx stated it has 783,233 shares or 0.87% of all its holdings. It has outperformed by 40.28% the S&P500. WALDEN MARNI M sold 16,362 shares worth $753,961. The firm owned 27,182 shares of the cell phone carrier's stock after selling 6,763 shares during the quarter. F&V Capital Management, LLC claims 161,401 shares valued at $7,988,000. It also reduced Borgwarner Inc. (VZ). These ratios are important while doing valuation of the company or the shares of the company. Total Sa (Adr) (NYSE:TOT) was reduced too.
Among 26 analysts covering Verizon Communications Inc. Vetr upgraded Verizon Communications from a "hold" rating to a "buy" rating and set a $47.44 target price for the company in a research note on Wednesday, June 21st. Therefore 23% are positive.
ILLEGAL ACTIVITY WARNING: "FY2020 Earnings Estimate for Verizon Communications Inc". Bank of America Corporation reissued a "buy" rating on shares of Verizon Communications in a research note on Saturday, June 17th.
In related news, EVP Craig L. Silliman sold 610 shares of Verizon Communications stock in a transaction on Monday, August 28th. (NYSE:VZ) on Thursday, August 10 with "Hold" rating. (NYSE:VZ) news were published by: Seekingalpha.com which released: "Verizon Communications: Cutting Costs But Not Spending Much On New Capital" on September 17, 2017, also Nasdaq.com with their article: "Verizon Communications Inc". RBC Capital Markets maintained it with "Sector Perform" rating and $50 target in Monday, July 31 report. (NYSE:VZ) earned "Mkt Perform" rating by Raymond James on Wednesday, January 25. The firm has "Hold" rating by Robert W. Baird given on Wednesday, October 4. Oppenheimer downgraded Verizon Communications Inc. (NYSE:VZ) on Wednesday, September 30 with "Outperform" rating. The analysts estimated mean EPS at 0.96 while the high and low EPS estimate stand at 1 and 0.91 respectively.
Want to see what other hedge funds are holding VZ? Golub Grp Incorporated Lc owns 21,615 shares or 0.09% of their U.S. portfolio. The Texas-based Kempner Cap Mgmt has invested 1.2% in Verizon Communications Inc. Vanguard Group Inc. boosted its holdings in shares of Verizon Communications by 2.1% in the 2nd quarter. (NYSE:VZ) for 112,906 shares. Investec Asset Ltd owns 1.79M shares. Winch Advisory Serv invested 2.69% in Verizon Communications Inc. (NYSE:VZ) to report earnings on October, 19 before the open. (NYSE:VZ) for 52,198 shares. The Mathes Company Inc holds 25,301 shares with $1.13 million value, up from 18,101 last quarter. VZ has risen 4.42% in the 1-month period. Northeast accumulated 0.16% or 40,035 shares.
Investors sentiment decreased to 1.23 in Q2 2017. Its down 0.06, from 0.99 in 2017Q1. Winch Advisory Services Lc invested in 0% or 272 shares. Mufg Americas Corp reported 137 shares. Zevenbergen Invs Ltd Limited Liability Company accumulated 14,105 shares. In the last quarter, insiders sold 1,830 shares of company stock worth $88,828. The correct version of this news story can be accessed at https://weekherald.com/2017/10/11/verizon-communications-inc-vz-shares-sold-by-cascade-investment-advisors-inc.html. Sanctuary Wealth Advsr Ltd Llc, a California-based fund reported 4,000 shares. Bokf Na holds 0.59% or 417,898 shares in its portfolio. Bkd Wealth Lc owns 23,763 shares or 0.12% of their U.S. portfolio. Mount Vernon Incorporated Md has 1.84% invested in Verizon Communications Inc. Zacks upgraded Verizon Communications Inc. (NASDAQ:NUVA). Oberweis Asset Mngmt holds 52,250 shares. Following the completion of the sale, the executive vice president now owns 11,797 shares in the company, valued at approximately $543,605.76.
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