Verizon Communications Inc. (VZ) Given "Hold" Rating at Royal Bank of Canada

Author

23 May, 2017

MAI Capital Management boosted its stake in Verizon Communications by 2.0% in the third quarter. Verizon Communications Inc.'s P/E ratio is 15.13. About 6 shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since May 22, 2016 and is downtrending. It has underperformed by 25.18% the S&P500. (NYSE:VZ). Seminole Management Inc reported 525,700 shares stake. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The Prentiss Smith & Co Inc holds 187,089 shares with $9.99M value, up from 30,336 last quarter. General Elec Co now has $249.21B valuation. The stock increased 4.37% or $1.63 on May 19, reaching $38.9. Also, EVP Marni M. Walden sold 16,362 shares of the stock in a transaction that occurred on Monday, May 1st. It has underperformed by 21.16% the S&P500.

"We believe Verizon has made a more concerted effort to retain and grow share in this segment, with an increasing focus on unlimited", Niknam wrote in a note to investors. Its up 0.01, from 1.1 in 2016Q3. It increased, as 60 investors sold VZ shares while 658 reduced holdings. 115 funds opened positions while 683 raised stakes. Following the completion of the transaction, the executive vice president now directly owns 28,159 shares in the company, valued at approximately $1,405,697.28. Old Natl Bank & Trust In reported 0.41% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Stonehearth Mgmt Limited owns 9,908 shares or 0.41% of their USA portfolio. Union Natl Bank Corporation reported 2.27% of its portfolio in Verizon Communications Inc. A recent report from research and consulting firm Ovum1 revealed that 64 percent of customers felts it was hard to get in touch with support would like easier access to live agents.

Price-to-Earnings Ratio is the current share price divided by annual earnings per share. Its down 0.51% from 1.11 million shares previously. Chicago Equity Prns Lc invested 1.05% in Verizon Communications Inc. Verizon Communications Inc. (NYSE:VZ) has risen 6.00% since April 22, 2017 and is uptrending.

Verizon Communications Inc (NYSE:VZ) Verizon Enterprise Solutions has launched a new mobile app "Visual Interactive Calling" that helps customers connect customers with customer support and service centres. (NYSE:VZ) on Wednesday, January 25 to "Sector Perform" rating.

Press coverage about Verizon Communications (NYSE:VZ) has trended somewhat positive on Sunday, according to AlphaOne Sentiment. Equities research analysts expect that Verizon Communications will post $3.77 EPS for the current fiscal year. (NYSE:VZ), 5 have Buy rating, 0 Sell and 17 Hold. TowerJazz had 4 analyst reports since August 6, 2015 according to SRatingsIntel. The stock's 50-day moving average is $48.00 and its 200-day moving average is $49.58.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings data on Thursday, April 20th. Verizon Communications reported earnings per share of $0.94 in the same quarter last year, which indicates a positive year-over-year growth rate of 4.3%. The stock has "Market Perform" rating by Bernstein on Thursday, April 7. Nadler Grp Inc Inc has 0.21% invested in Verizon Communications Inc. Citigroup maintained the shares of VZ in report on Wednesday, October 21 with "Neutral" rating. On Wednesday, January 25 the stock rating was downgraded by Raymond James to "Mkt Perform".

Since February 14, 2017, it had 0 insider buys, and 6 insider sales for $3.57 million activity. SILLIMAN CRAIG L. had sold 610 shares worth $30,799 on Monday, February 27. $543,385 worth of Verizon Communications Inc. (NYSE:VZ) for 1,400 shares. (NYSE:VZ) was sold by Gurnani Roger. 12,435,758 shares of the company were exchanged. Analysts mean target price for ConocoPhillips (NYSE:COP) is $23.80 while their mean recommendation is 2.00 (1=Buy, 5=sell). Bowling Port Ltd Liability Company has invested 0.77% of its portfolio in General Electric Company (NYSE:GE). FENX's SI was 1.10 million shares in May as released by FINRA. Bonness Inc accumulated 1.82% or 37,887 shares. Tompkins Fin has invested 0.72% in General Electric Company (NYSE:GE). First Houston Cap holds 19,300 shares or 0.99% of its portfolio. 21,843 were reported by Smithbridge Asset Mngmt De. Sadoff Investment Management Limited Liability Corp holds 0.04% or 7,039 shares in its portfolio. Fincl Advisory Incorporated has invested 0.16% in General Electric Company (NYSE:GE). (NASDAQ:WFM) stake by 12,682 shares and now owns 210,858 shares. Accredited Invsts Inc stated it has 47,301 shares. Shareholders of record on Monday, April 10th were given a $0.5775 dividend. Girard Ptnrs Ltd stated it has 1.04% in General Electric Company (NYSE:GE). About shares traded. Verizon Communications Inc. Whittier Tru Of Nevada owns 138,364 shares. Cedar Fair Lp (NYSE:FUN) was raised too. Twenty-four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. The average analysts gave this company a mean recommendation of 1.70. Investors measure stock performance on the basis of a company's earnings power. BMO Capital Markets maintained the shares of GE in report on Thursday, March 23 with "Hold" rating. (NYSE:VZ)'s stock was -14.91%. Deutsche Bank downgraded the stock to "Sell" rating in Friday, May 12 report. The rating was initiated by Drexel Hamilton with "Buy" on Tuesday, October 20. The company was maintained on Monday, April 24 by RBC Capital Markets.


More news


  • Donald Trump visits Israel in search of revived peace process

    Donald Trump visits Israel in search of revived peace process

    Israel also has expressed concern about the $110 billion arms sale to Saudi Arabia that Trump announced Saturday in Riyadh. Trump, who left behind controversies that have inundated his administration, was welcomed to the country by Salman.

    What Do Analysts Suggest For Sibanye Gold Limited (SBGL)

    Investors who are keeping close eye on Kona Grill, Inc. (KONA), we can see that the stock moved -15.00% for the last five trades. Shares of Sibanye Gold Limited (NYSE:SBGL) are climbing higher mid-day as the stock reaches today's top winners list.

    North Korea ready to mass produce medium-range missile as 'answer' to Trump

    It called the missile, capable of reaching Japan and major U.S. military bases there, an "answer" to U.S. The diplomats spoke on condition of anonymity because the meeting had not been officially announced.
  • Manchester City, Liverpool deny Arsenal Champions League slot on final day

    Manchester City, Liverpool deny Arsenal Champions League slot on final day

    So even though Arsenal beat Everton 3-1 to complete the league campaign with five successive wins, the resurgence came too late. Arsene Wenger stood impassively on the touchline with his arms folded as his Arsenal players embarked on a lap of the pitch.
    Kris Jenner offers to carry daughter Kim Kardashian's baby

    Kris Jenner offers to carry daughter Kim Kardashian's baby

    In the last moment of the episode, Kris had some surprising news for her daughters. Kris Jenner is offering to be a surrogate for Kim Kardashian's third baby.
    Trump says he has new reasons to hope for Middle East peace

    Trump says he has new reasons to hope for Middle East peace

    The president is set to land at Ben Gurion International Airport on Monday for a visit to Israel and the Palestinian territories. The trip ends on Saturday after visits to the Vatican, Brussels and Sicily.
  • Tom Holland to Star in Shawn Levy's 'Uncharted' Adaptation

    Tom Holland to Star in Shawn Levy's 'Uncharted' Adaptation

    Ahead of the July release of Spider-Man: Homecoming , star Tom Holland has already lined up another major franchise. I was never excited about the idea of an Uncharted movie before now; the games are quite cinematic enough.
    US President Trump arrives in Israel on flight from Riyadh

    US President Trump arrives in Israel on flight from Riyadh

    Israel was his second stop on a nine-day tour aimed to test the waters for reviving the dormant Israeli-Palestinian peace process. The worldwide community does not recognise Israeli sovereignty over Jerusalem and maintain their embassies in Tel Aviv.

    Terex Corporation (NYSE:TEX) QUALCOMM Incorporated (NASDAQ:QCOM) Consensus Price Target Updates

    The company reported the earnings of $1.34/Share in the last quarter where the estimated EPS by analysts was $1.2/share. The disclosure for this purchase can be found here. (NASDAQ: QCOM ). 24,600 are owned by Summit Ltd Company.
  • Jeremy Corbyn's Vow To Abolish Tuition Fees Sparks Outrage Among Graduates

    Jeremy Corbyn's Vow To Abolish Tuition Fees Sparks Outrage Among Graduates

    Under Mr Clegg the Lib Dems were heavily criticised for their U-turn on a pledge to abolish tuition fees as part of the coalition government.
    Cleveland Cavaliers book Eastern Conference play-off final spot

    Cleveland Cavaliers book Eastern Conference play-off final spot

    His current streak of NBA Finals appearances is already a total unmatched since the Boston Celtics dynasty of the 1960s. James added nine rebounds and six assists. 3-Ball: The Cavs used the three-ball once again to ignite their offense.
    Small sinkhole opens outside Trump's Florida getaway club

    Small sinkhole opens outside Trump's Florida getaway club

    It's unknown what caused the sinkhole, and a West Palm Beach utility crew is investigating, said city spokeswoman Kathleen Walter. The sinkhole appeared on Southern Boulevard, near one of the driveways into the resort owned by President Donald Trump.