Insider ownership during the latest quarter decreased by a net of 1830 shares, indicating that VZ's key executives are feeling more bearish about the stock than they did three months ago.
Verizon Communications Inc. (VZ) failed to surprise the stock market in its last reported earnings when it earned $0.96 a piece versus the consensus-estimated $0.96. Nottingham Advisors Inc. grew its position in Verizon Communications by 0.5% during the 2nd quarter. Corporate insiders own 0.13% of the company's stock. About 219,063 shares traded.
Verizon Communications (NYSE VZ) opened at 48.35 on Wednesday. It has underperformed by 25.18% the S&P500. VZ's latest closing price was 0.54% away from the average price of 200 days while it maintained a distance of -0.18% from the 50 Day Moving Average and -1.66% away compared to its SMA 20. As of the end of the quarter Palo Capital, Inc. had disposed of 3,616 shares trimming its stake by 3.6%. Brookstone Mngmt reported 142,277 shares stake. These analysts have also projected a Low Estimate of $0.94/share and a High Estimate of $1.05/share.
Among institutions that increased their positions, 93 were new positions. The institutional investor held 76,505 shares of the telecommunications equipment company at the end of 2017Q2, valued at $3.42 million, up from 10,562 at the end of the previous reported quarter. Mark Sheptoff Finance Planning Limited Liability Corp has 47,708 shares for 1.46% of their portfolio. (NYSE:VZ). Neville Rodie Shaw accumulated 0.45% or 87,923 shares. The Virginia-based Thompson Davis & Co. The stock declined 0.32% or $0.06 reaching $18.82 on the news. Falcon Point Capital Llc, a California-based fund reported 1.03 million shares. It is down 0.00% since October 13, 2016 and is. It has underperformed by 26.74% the S&P500.
Power Solutions International, Inc.is a producer and distributor of a range of low-emission power systems that run on non-diesel fuels, such as natural gas, propane and gasoline. The company has market cap of $196.02 billion. The Company-branded platform is available on its TrueCar Website and mobile applications. The high and low revenue estimates for the current quarter are $34.46 Billion and $32.01 Billion, respectively. (NYSE:VZ) was sold by WALDEN MARNI M on Monday, May 1. Therefore 92% are positive. Verizon Communications Inc. had 52 analyst reports since July 22, 2015 according to SRatingsIntel. Charter Trust Communications has invested 0.64% of its portfolio in Verizon Communications Inc. (NYSE:VZ) earned "Neutral" rating by DA Davidson on Thursday, February 4. Barclays Capital maintained the stock with "Equal Weight" rating in Thursday, April 13 report. Raymond James downgraded Verizon Communications Inc. (NYSE:VZ) for 68,182 shares. (NYSE:VZ) rating on Thursday, June 15. Argus Research has "Buy" rating and $53 target. The company was downgraded on Monday, September 7 by Zacks. As per Wednesday, October 21, the company rating was maintained by Argus Research. The stock has "Mkt Perform" rating by FBR Capital on Wednesday, January 25. UBS maintained the shares of FB in report on Thursday, July 30 with "Buy" rating.
In the past year there have been a total of 28 insider trades, including 0 open market buys and 28 sells.
Investors sentiment increased to 1.4 in Q2 2017. Its down 0.12, from 1 in 2017Q1. It increased, as 48 investors sold FB shares while 553 reduced holdings. 112 funds opened positions while 587 raised stakes. Telemus Capital Lc has 0.26% invested in Verizon Communications Inc. (NYSE:VZ) for 39,888 shares. First American National Bank holds 0.28% of its portfolio in Verizon Communications Inc. Moreover, Mitchell Mcleod Pugh Williams Incorporated has 0.56% invested in Verizon Communications Inc. (NYSE:VZ) were released by: Nasdaq.com and their article: "Arvest Trust Co Buys Rockwell Collins Inc, DowDuPont Inc, Verizon ..." published on October 06, 2017 as well as Nasdaq.com's news article titled: "Verizon Communications Inc". Dowling Yahnke Limited Com accumulated 33,730 shares or 0.16% of the stock. Orleans La holds 70,864 shares. Goodwin Daniel L reported 38,500 shares. (VZ) to Retire Copper Networks for Fiber Migration" on September 22, 2017, also Nasdaq.com with their article: "Ex-Dividend Reminder: "Intuit, Verizon Communications and Marvell Technology Group" published on October 04, 2017, Bloomberg.com published: "Yahoo Triples Likely Scope of 2013 Hack to 3 Billion Users" on October 03, 2017. The stock spiked 4.42% last month and is down -8.47 this year.
While looking at the Stock's Performance, Verizon Communications Inc. now shows a Weekly Performance of -2.85%, where Monthly Performance is 2.33%, Quarterly performance is 11%, 6 Months performance is -0.56% and yearly performance percentage is -3.88%. (NYSE:VZ). Denver Advsrs Limited Liability Company stated it has 0.03% in Verizon Communications Inc.