Verizon Communications Inc. (VZ) Shares Sold by Advisors Capital Management LLC

Joann Johnston
January 13, 2018

Vaughan David Investments Inc who had been investing in Verizon Communications for a number of months, seems to be bullish on the $210.87B market cap company. The stock traded with the average Volume of 16.66 Million at the end of last session.

Great West Life Assurance Can, a Manitoba - Canada-based fund reported 5.16M shares.

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

Bernzott Capital Advisors increased its stake in Douglas Dynamics (PLOW) by 7.14% based on its latest 2017Q3 regulatory filing with the SEC. McQueen Ball & Associates Inc. now owns 32,265 shares of the cell phone carrier's stock worth $1,441,000 after buying an additional 362 shares during the period. During the same quarter in the previous year, the business earned $1.01 earnings per share. equities research analysts predict that Verizon Communications Inc. will post 3.77 EPS for the current fiscal year. About 342,508 shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 11, 2017 and is uptrending. It has outperformed by 39.23% the S&P500.

Investors sentiment increased to 1.2 in 2017 Q3.

Since January 1, 0001, it had 0 insider purchases, and 6 selling transactions for $412,187 activity. 20 funds opened positions while 35 raised stakes. This works out to a net increase in ownership of 44.32 million shares, and suggests that institutions are feeling bullish about the stock. (NYSE:VZ) for 14,639 shares.

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Apriem Advisors acquired a new position in Ingersoll-Rand PLC (Ireland) during the third quarter valued at about $104,000. Daniels Jon G also sold $3.72 million worth of CarMax Inc. 2,500 shares were sold by SWIFT RICHARD J, worth $220,076.

Fiduciary Financial Services Of The Southwest Inc Tx holds 0.99% of its portfolio in John Hancock Preferred Income Fund II for 150,515 shares. South Dakota Invest Council accumulated 587,091 shares. Cypress Asset Mgmt Tx reported 124,635 shares. WASHINGTON TRUST Co increased its holdings in shares of Verizon Communications by 1.7% in the first quarter. Koshinski Asset Management Inc. owns 81,764 shares or 0.59% of their USA portfolio. Rk Capital Mngmt Ltd Liability owns 266,849 shares for 2.45% of their portfolio. Bahl & Gaynor reported 93,906 shares stake. First Manhattan invested in 331,721 shares or 0.04% of the stock. Conning invested in 1.48% or 892,698 shares. Fincl Bank Of America Corporation De owns 795,224 shares for 0% of their portfolio. Compton Management Ri stated it has 76,624 shares. Sei Invests Co reported 0% in Sterling Bancorp (NYSE:STL). Drexel Hamilton upgraded Verizon Communications from a "hold" rating to a "buy" rating and set a $54.00 target price on the stock in a research report on Monday, October 24th. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. ValuEngine raised Verizon Communications from a "hold" rating to a "buy" rating in a report on Friday, December 1st. Oppenheimer maintained the stock with "Hold" rating in Thursday, July 27 report. The firm earned "Hold" rating on Wednesday, March 23 by TD Securities. Seaport Global has "Neutral" rating and $24 target. The cell phone carrier reported $0.98 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.98. The stock has "Hold" rating by SunTrust on Friday, October 20. The company was maintained on Thursday, July 13 by Piper Jaffray.

Investors of record on Wednesday, January 10th will be issued a $0.59 dividend. Its the same as in 2017Q2. 4,973 are held by Leisure Cap Management. Cowen & Co maintained Verizon Communications Inc. VZ's profit will be $3.59B for 14.80 P/E if the $0.88 EPS becomes a reality.

Shares of Verizon Communications Inc. (NYSE:VZ) for 64,142 shares. Following the sale, the executive vice president now directly owns 3,269 shares in the company, valued at $154,983.29. Moreover, Thompson Rubinstein Inc Or has 0.32% invested in Verizon Communications Inc.

Verizon Communications Inc is a holding company. It improved, as 10 investors sold PLOW shares while 36 reduced holdings. The New York-based Tocqueville Asset Mngmt LP has invested 0.51% in Verizon Communications Inc. Moreover, Pacific Ridge Capital Limited Liability has 0.26% invested in Douglas Dynamics, Inc. Kidder Stephen W holds 0.08% or 4,566 shares. Adams Diversified Equity Fund stated it has 0.46% in Verizon Communications Inc. (NYSE:VZ). Keating Inv Counselors Inc accumulated 125,792 shares. Acropolis Investment Management LLC lifted its stake in Verizon Communications by 164.1% during the fourth quarter. McQueen Ball & Associates Inc. lifted its position in Verizon Communications by 1.1% during the second quarter. (NYSE:VZ) on Tuesday, December 12 to "Buy" rating. (NYSE:VZ) for 21,975 shares. Whittier Trust Co. of Nevada Inc.'s holdings in Verizon Communications were worth $5,947,000 at the end of the most recent quarter. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Therefore 92% are positive. The stock has "Hold" rating by RBC Capital Markets on Monday, April 24. The company was downgraded on Thursday, April 7 by Jefferies. The company was maintained on Friday, July 21 by Deutsche Bank. As per Tuesday, October 31, the company rating was maintained by Cowen & Co. KeyCorp restated a "hold" rating on shares of Verizon Communications in a research note on Wednesday, October 11th. Wells Fargo downgraded the stock to "Market Perform" rating in Monday, January 23 report.

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