As Verizon Communications (VZ) Stock Declined, Fiduciary Financial Services Of The Southwest Has Cut Its Stake by $384,488; Hawk Ridge Management Position In Orion Engineered Carbons S A (OEC) Was Boosted

May 25, 2018 - By Adrian Mccoy

Verizon Communications Inc. (NYSE:VZ) Logo

Fiduciary Financial Services Of The Southwest Inc decreased its stake in Verizon Communications Inc (VZ) by 8.75% based on its latest 2017Q4 regulatory filing with the SEC. Fiduciary Financial Services Of The Southwest Inc sold 7,394 shares as the company’s stock declined 11.05% with the market. The institutional investor held 77,062 shares of the telecommunications equipment company at the end of 2017Q4, valued at $4.08M, down from 84,456 at the end of the previous reported quarter. Fiduciary Financial Services Of The Southwest Inc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $200.98 billion market cap company. The stock increased 0.10% or $0.05 during the last trading session, reaching $48.64. About 13.58 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since May 25, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Hawk Ridge Management Llc increased its stake in Orion Engineered Carbons S A (OEC) by 4.93% based on its latest 2017Q4 regulatory filing with the SEC. Hawk Ridge Management Llc bought 38,877 shares as the company’s stock rose 4.44% while stock markets declined. The institutional investor held 826,749 shares of the major chemicals company at the end of 2017Q4, valued at $21.17M, up from 787,872 at the end of the previous reported quarter. Hawk Ridge Management Llc who had been investing in Orion Engineered Carbons S A for a number of months, seems to be bullish on the $1.67B market cap company. The stock decreased 0.18% or $0.05 during the last trading session, reaching $28.05. About 418,425 shares traded. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 34.29% since May 25, 2017 and is uptrending. It has outperformed by 22.74% the S&P500.

Fiduciary Financial Services Of The Southwest Inc, which manages about $377.04M and $341.19M US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 8,348 shares to 39,638 shares, valued at $3.39 million in 2017Q4, according to the filing. It also increased its holding in Vanguard Intl Equity Index F (VGK) by 7,889 shares in the quarter, for a total of 36,628 shares, and has risen its stake in Allianzgi Nfj Divid Int & Pr (NFJ).

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on July, 26. They expect $1.14 EPS, up 18.75% or $0.18 from last year’s $0.96 per share. VZ’s profit will be $4.71B for 10.67 P/E if the $1.14 EPS becomes a reality. After $1.17 actual EPS reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -2.56% negative EPS growth.

Since February 13, 2018, it had 0 insider buys, and 2 selling transactions for $444,552 activity.

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.14, from 0.88 in 2017Q3. It is positive, as 57 investors sold VZ shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Patten And Patten Tn has invested 0.45% in Verizon Communications Inc. (NYSE:VZ). New Jersey Better Educational Savings invested in 0.81% or 15,000 shares. Johnson Financial Gru has invested 0.36% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Neumann Cap Ltd holds 1.35% or 41,722 shares. Fuller Thaler Asset accumulated 15,000 shares. Moreover, Wetherby Asset Management Inc has 0.41% invested in Verizon Communications Inc. (NYSE:VZ). Moreover, Legg Mason Asset Mgmt (Japan) Comm Ltd has 1.59% invested in Verizon Communications Inc. (NYSE:VZ). Massachusetts Financial Svcs Company Ma, Massachusetts-based fund reported 14.58 million shares. Moreover, Citizens And Northern has 0.69% invested in Verizon Communications Inc. (NYSE:VZ). Bingham Osborn Scarborough Limited Liability invested in 8,306 shares or 0.04% of the stock. Piedmont Invest Advsr Limited Liability Company holds 878,860 shares or 0.94% of its portfolio. Michigan-based Lvm Cap Mgmt Ltd Mi has invested 2.08% in Verizon Communications Inc. (NYSE:VZ). L & S Advsr has invested 0.06% in Verizon Communications Inc. (NYSE:VZ). National Bank Of The Ozarks stated it has 1.71% in Verizon Communications Inc. (NYSE:VZ). Lenox Wealth reported 0% of its portfolio in Verizon Communications Inc. (NYSE:VZ).

Among 31 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 16 Hold. Therefore 48% are positive. Verizon Communications Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cowen & Co on Friday, July 28. The firm has “Market Perform” rating given on Thursday, April 7 by Bernstein. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Sector Perform” rating by RBC Capital Markets on Monday, July 31. The company was maintained on Wednesday, January 24 by Jefferies. The firm has “Neutral” rating given on Friday, April 1 by Moffet Nathanson. Scotia Capital upgraded the stock to “Buy” rating in Monday, January 22 report. The firm has “Mkt Perform” rating by Raymond James given on Wednesday, January 25. The firm has “Market Perform” rating by Wells Fargo given on Monday, January 23. The stock of Verizon Communications Inc. (NYSE:VZ) has “Sector Outperform” rating given on Monday, January 22 by Howard Weil. The firm earned “Buy” rating on Tuesday, January 3 by Citigroup.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Verizon to speak at JP Morgan conference May 16” on May 15, 2018, also Globenewswire.com with their article: “My Verizon App is now available en español” published on May 01, 2018, Globenewswire.com published: “Verizon holds sellside analyst meeting” on May 21, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Globenewswire.com and their article: “Verizon to repurchase debt securities” published on May 11, 2018 as well as Globenewswire.com‘s news article titled: “Verizon collapses key network elements, improving efficiency and customer functionality” with publication date: April 30, 2018.

Among 11 analysts covering Orion Engineered Carbons (NYSE:OEC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Orion Engineered Carbons had 26 analyst reports since August 10, 2015 according to SRatingsIntel. J.P. Morgan upgraded it to “Buy” rating and $29.0 target in Monday, November 6 report. The stock of Orion Engineered Carbons, S.A. (NYSE:OEC) earned “Buy” rating by KeyBanc Capital Markets on Tuesday, January 16. The stock of Orion Engineered Carbons, S.A. (NYSE:OEC) has “Overweight” rating given on Tuesday, March 6 by JP Morgan. The rating was maintained by KeyBanc Capital Markets on Friday, November 3 with “Buy”. As per Monday, August 7, the company rating was downgraded by J.P. Morgan. As per Monday, August 15, the company rating was maintained by JP Morgan. The company was maintained on Monday, February 26 by Northcoast. The firm has “Neutral” rating given on Friday, October 30 by UBS. The stock of Orion Engineered Carbons, S.A. (NYSE:OEC) earned “Neutral” rating by UBS on Friday, February 23. The firm earned “Equal-Weight” rating on Tuesday, November 7 by Barclays Capital.

Verizon Communications Inc. (NYSE:VZ) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>