Verizon Communications Inc. (NYSE:VZ) - An Eye on Volume Pattern

(NYSE:VZ) in a report released on Thursday morning.

Looking forward, the company's quarterly earnings are expected to come at $0.1 in the three months through September 2017 and $0.11 in the quarter ending December 2017, reflecting 0% and 0% growth, respectively. Verizon Communications Com now has $189.77 billion valuation. Hedge funds and other institutional investors own 62.33% of the company's stock. Catalyst Cap Advisors Ltd Llc reported 0.36% of its portfolio in Verizon Communications Inc.

Parkwood Llc increased its stake in Verizon Communications Inc (VZ) by 1460.19% based on its latest 2016Q4 regulatory filing with the SEC. Jackson Grant Investment Advisers Inc. boosted its holdings in Verizon Communications by 1.8% in the fourth quarter. Levels above -20 may indicate the stock may be considered is overbought. Archford Capital Strategies LLC increased its stake in Verizon Communications by 2.8% in the fourth quarter. The institutional investor held 158,250 shares of the telecommunications equipment company at the end of 2016Q4, valued at $8.45M, up from 10,143 at the end of the previous reported quarter. Finally, Independent Advisor Alliance purchased a new stake in Verizon Communications during the fourth quarter worth about $4,496,000. Cypress Capital Group accumulated 124,003 shares or 1.57% of the stock. The stock has a market cap of $190.88 billion, a P/E ratio of 12.03 and a beta of 0.57.

VZ has been the topic of a number of recent research reports. (NYSE:VZ) on Monday, March 14 with "Neutral" rating. (NYSE:VZ) earned "Sector Perform" rating by RBC Capital Markets on Wednesday, January 25. (NYSE:VZ). Blair William And Co Il reported 470,975 shares. NICE Systems had 16 analyst reports since July 30, 2015 according to SRatingsIntel. On Monday, April 24 the stock rating was maintained by RBC Capital Markets with "Hold". Sealed Air Corporation has 2 buy ratings, 8 holds and 0 sells even after the stock tumbled -13.85% from its high of $50.62 to a $8.43 billion market value through last close. (NYSE:VZ) were released by: Nasdaq.com and their article: "Verizon Communications (VZ) Adds Versa Networks to Portfolio" published on August 24, 2017 as well as Marketwatch.com's news article titled: "Verizon's stock set to suffer longest losing streak in 12 years, but BTIG says ..." with publication date: September 08, 2017.

In associated news, Executive Vice President Craig L. Silliman unloaded 610 stocks of the firms shares in a trade dated Mon, Aug 28th. The stock is now trading 4.64% above its SMA 50 and 8.05% above its SMA 200. $753,961 worth of Verizon Communications Inc. Verizon Communications Inc. (NYSE:VZ)'s short interest is 38.4 million shares, or 0.94% of the float. The cell phone carrier posted $0.96 Earnings per share for the period, beating Zacks' average forecast of $0.96. However it has a net margin of 12.90%. The business's quarterly revenue was up.1% compared to the same quarter a year ago. The business's revenue was down 5.6% compared to the same quarter previous year. Currently, GTT Communications Inc (GTT) has a 14-day ATR of 0.82. Shareholders of record on Tuesday, October 10th will be paid a $0.59 dividend. This represents a $2.31 dividend on an annualized basis and a dividend yield of 4.80%. Jarislowsky Fraser Ltd reported 0.01% of its portfolio in Verizon Communications Inc. Btim has invested 0.41% in Verizon Communications Inc. It increased, as 60 investors sold VZ shares while 658 reduced holdings. The stock was sold at an average price of $47.74, for a total transaction of $29,121.40. Shares have risen 7.42% over the trailing 6 months. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The stock plunged -1.31 percent over the past quarter, while declined -6.57 percent over the past six months. Ghp Investment Advsrs Inc holds 0.64% in Verizon Communications Inc. Lastly, Jefferies reiterated a "hold" recommendation and fixed a $50.00 price objective on the stock of Verizon Communications in a study note on early Mon, Jul 3rd. "(NYSE:VZ) Assisting Harvey Relief" published on August 30, 2017, Prnewswire.com published: "Brady Connor named to lead Investor Relations for Verizon" on September 11, 2017. If you are viewing this report on another site, it was copied illegally and republished in violation of US & worldwide copyright & trademark laws. Ftb Inc holds 149,454 shares.

Verizon Communications Inc is a holding company. The Company's divisions include Product Development and Customer Services, Implementation Services (IS), Professional and Business Solutions (PBS) and Quality Assurance Solutions (QAS).

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