How Verizon Communications Inc. (VZ) Is Trading Compared to Moving Averages?

Verizon Communications now has $195.49B valuation. This company shares are 3.48% off its target price of $49.59 and the current market capitalization stands at $196.1B. About shares traded. Verizon Communications Inc.

EVP of PubPolicy & Gen Counsel, Silliman Craig L., sold 610 common shares of Verizon Communications Inc. It has underperformed by 25.18% the S&P500. Wendell David Associates Inc reported 66,477 shares stake. Wbi Investments Inc bought 15,563 shares as the company's stock declined 2.96% while stock markets rallied. (NYSE:VZ) by some 122,746,687 shares, 1,007 decreased positions by 129,963,976 and 158 held positions by 2,337,362,739. The third largest holder is State Street Corp, which now holds $7.87 billion worth of this stock and that ownership represents almost 4.01% of its market capitalization. There was a -0.1% decline on 9/1/2017 that led the price to move at $47.92. About 84,447 shares traded. It has outperformed by 13.83% the S&P500.

Investors sentiment decreased to 0.88 in 2016 Q4. The Weekly and Monthly Volatility stands at 0.83% and 1.02%. It is negative, as 60 investors sold VZ shares while 658 reduced holdings. 115 funds opened positions while 683 raised stakes. Cim Mangement accumulated 7,348 shares. Old Republic Corp, Illinois-based fund reported 1.88 million shares. Following the sale, the executive vice president now owns 8,429 shares in the company, valued at $379,305. Moreover, State Farm Mutual Automobile Ins Com has 0.88% invested in Verizon Communications Inc. (NYSE:VZ) or 18,032 shares.

Teilinger Capital Ltd. holds 8.39% of its portfolio in PG&E Corporation for 50,000 shares. Sumitomo Mitsui Asset Mgmt Ltd reported 0.33% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Woodmont Investment Counsel Ltd Liability reported 45,795 shares or 0.7% of all its holdings. Delta Lloyd Nv has invested 0.26% in Verizon Communications Inc. (NYSE:VZ) for 10,520 shares. Ally Finance has invested 0.11% in Verizon Communications Inc. Zeke Capital Advisors Ltd has 29,513 shares for 0.43% of their portfolio. (NYSE:VZ) for 21,800 shares. 329,868 are owned by Todd Asset Mgmt.

Verizon Communications Inc.'s (VZ) rewards program Verizon Up will offer customers credits that can be used for concerts, movie premieres, and phone upgrades, and all they ask in return is for access to your web browsing history and app usage. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Therefore 25% are positive. Verizon Communications Inc. had 47 analyst reports since July 22, 2015 according to SRatingsIntel.

For the Current Quarter, the growth estimate for Verizon Communications Inc.is -3%, while for the Next Quarter the stock growth estimate is 4.7%. (NYSE:VZ) earned "Neutral" rating by MoffettNathanson on Tuesday, August 11. The stock has "Hold" rating by Cowen & Co on Friday, July 28. FBR Capital maintained it with "Mkt Perform" rating and $77 target in Wednesday, August 5 report. (NYSE:VZ) has "Hold" rating given on Thursday, April 7 by Jefferies. Citigroup maintained J2 Global Inc (NASDAQ:JCOM) on Wednesday, August 17 with "Buy" rating. The stock has "Sector Perform" rating by RBC Capital Markets on Wednesday, January 25. The firm has "Neutral" rating given on Thursday, February 4 by DA Davidson. The company was maintained on Monday, April 18 by Barclays Capital. Zacks upgraded the shares of VZ in report on Friday, August 14 to "Hold" rating. The company was downgraded on Friday, April 21 by Argus Research.

Since March 27, 2017, it had 0 buys, and 3 insider sales for $811,911 activity. Another trade for 16,362 shares valued at $753,961 was sold by WALDEN MARNI M. The correct version of this piece of content can be read at https://www.truebluetribune.com/2017/09/05/traders-buy-large-volume-of-call-options-on-verizon-communications-vz.html. "It Needs Your Data First" on September 05, 2017, also Nasdaq.com with their article: "Verizon Communications (VZ) Adds Versa Networks to Portfolio" published on August 24, 2017, Nasdaq.com published: "Verizon Communications (VZ) Restructures Unlimited Data Plans" on August 23, 2017. More interesting news about Verizon Communications Inc. Tiemann Inv Advsr Limited has 0.77% invested in Verizon Communications Inc. (NYSE:VZ) rating on Tuesday, August 11. Symons Capital Management Inc owns 381,945 shares or 5.65% of their U.S. portfolio. Redmond Asset Mngmt Ltd Liability invested in 25,147 shares. Scotia Capital maintained Verizon Communications Inc. (NASDAQ:AAPL). Gofen Glossberg Limited Company Il holds 1.97% or 417,126 shares.

Commonwealth Equity Services Inc, which manages about $41.07 billion and $13.54 billion US Long portfolio, decreased its stake in Wisdomtree Tr (DES) by 48,085 shares to 268,313 shares, valued at $22.20M in 2016Q4, according to the filing. It also reduced Continental Bldg Prods Inc (NYSE:CBPX) stake by 33,167 shares and now owns 32,933 shares.

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