Verizon Communications Inc (NYSE:VZ) Big Money Sentiment Change at 1.02

May 16, 2018 - By Bridget Boland

Verizon Communications Inc. (NYSE:VZ) Corporate Logo

“Big money” Positions

“Big money sentiment for Verizon Communications Inc (NYSE:VZ) in Q4 2017 increased to 1.02, according to SEC.gov filings. So its up 0.14, from 2017Q3’s 0.88. 733 institutional investors started new and increased equity positions, while 719 sold and reduced their equity positions in Verizon Communications Inc so the sentiment is positive. These funds own 2.54 billion shares, that’s up from 2.53 billion shares in 2017Q3. Funds holding Verizon Communications Inc in top 10 increased from 75 to 85 for an increase of 10. 57 Investors Sold All; 662 Reduced Holdings; 592 increased holdings while 141 institutional investors bought holdings.

Biggest Verizon Communications Inc Investors

As of Q4 2017 American Investment Services Inc. has 9.11% invested in Verizon Communications Inc. Verizon Communications Inc’s shareholder 10 owns 614,452 shares as of Q4 2017. Further, Cincinnati Indemnity Co reported 34,300 shares in Verizon Communications Inc equivalent to 7.14% of its stock exposure. Excalibur Management Corp revealed 141,412 shares position in Verizon Communications Inc. The New York-based fund Clark Estates Inc Ny holds 689,282 shares or 6.03% of their stock exposure.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment services and products to consumers, businesses, and governmental agencies worldwide.The company has $198.10 billion market cap. The Company’s Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things .The P/E ratio is 6.51. This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices.

Ticker’s shares touched $47.945 during the last trading session after 0.32% change.Verizon Communications Inc. has volume of 4.65 million shares. Since May 16, 2017 VZ has declined 3.72% and is downtrending. VZ underperformed the S&P500 by 15.27%.

Verizon Communications Inc. (NYSE:VZ)’s earnings report is expected on July, 26., according to RTT. earnings per share of $1.14 is 18.75 % up from 2017’s $0.96 EPS. If VZ’s EPS is $1.14 the profit will hit $4.71 billion for 10.51 P/E. After $1.17 earnings per share was reported previous quarter, analysts now see negative EPS growth of -2.56 % for Verizon Communications Inc..

D L Carlson Gp Inc holds 0.76% of its capital in Verizon Communications Inc. (NYSE:VZ) for 48,364 shs. Oregon-based Orca Inv Mgmt Ltd Liability Company has invested 1.55% in Verizon Communications Inc. (NYSE:VZ). Baldwin Inv Mngmt Ltd Llc holds 0.21% or 11,043 shs. Farr Miller Washington Ltd Liability Dc reported 60,210 shs. Symphony Asset Management Limited Liability Company holds 0.05% or 9,104 shs in its capital. Crawford Invest Counsel, Georgia-based fund reported 428,374 shs. Price T Rowe Associates Md invested in 48.67 million shs. Lee Danner And Bass invested 0.36% in Verizon Communications Inc. (NYSE:VZ). Moreover, Condor Cap Mngmt has 0.07% invested in Verizon Communications Inc. (NYSE:VZ). New Jersey Better Educational Savings Tru, New Jersey-based fund reported 15,000 shs. The New Jersey-based Quadrant Cap Management Lc has invested 0.14% in Verizon Communications Inc. (NYSE:VZ). Us Natl Bank De reported 0.53% of its capital in Verizon Communications Inc. (NYSE:VZ). Captrust Advsrs, a North Carolina-based fund reported 153,192 shs. Gw Henssler & reported 0.23% of its capital in Verizon Communications Inc. (NYSE:VZ). Martin Currie Limited has invested 1.05% in Verizon Communications Inc. (NYSE:VZ).

Verizon Communications Inc. had 2 sales and 0 insider purchases since February 13, 2018. This’s net activity of $444,552.

Verizon Communications Inc. (NYSE:VZ) Ratings Coverage

Total analysts of 19 have positions in Verizon Communications (NYSE:VZ) as follows: 13 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 68%. Since November 20, 2017 according to StockzIntelligence Inc Verizon Communications has 27 analyst reports. The company rating was maintained by KeyBanc Capital Markets on Tuesday, January 2. On Wednesday, December 6 the firm has “Hold” rating by SunTrust given. In Monday, November 20 report Wells Fargo upgraded the stock to “Outperform” rating. On Tuesday, January 23 the firm has “Hold” rating by SunTrust given. On Wednesday, January 24 the firm has “Hold” rating by Jefferies given. The stock rating was maintained by Robert W. Baird with “Hold” on Wednesday, January 24. On Wednesday, January 24 the rating was maintained by JP Morgan with “Neutral”. On Friday, May 11 the rating was upgraded by JP Morgan to “Overweight”. On Wednesday, April 25 the firm has “Buy” rating by SunTrust given. On Wednesday, April 25 UBS upgraded the shares of VZ in report to “Buy” rating.

For more Verizon Communications Inc. (NYSE:VZ) news published recently go to: Globenewswire.com, Benzinga.com, Businesswire.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “Verizon Communications to report earnings April 24” published on April 23, 2018, “JPMorgan: Verizon On ‘Stable Footing’ As 5G Opportunity Crystallizes” on May 11, 2018, “Verizon Selects AWS as its Preferred Public Cloud Provider” with a publish date: May 15, 2018, “Is Verizon Back on Track?” and the last “Verizon CEO: No interest in linear content” with publication date: May 15, 2018.

Verizon Communications Inc. (NYSE:VZ) Institutional Investors Chart

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