Verizon Communications (VZ) Shares Bought by Well Done LLC

Doris Richards
May 15, 2018

The stock decreased 5.51% or $1.34 during the last trading session, reaching $22.98. It has 4104M outstanding shares and 4078.27M shares have been floated in market exchange. Ally Financial Inc. (NYSE:ALLY) has risen 34.39% since May 12, 2017 and is uptrending. It has outperformed by 31.49% the S&P500.

Well Done LLC increased its holdings in Verizon Communications (NYSE:VZ) by 16.6% during the fourth quarter, HoldingsChannel.com reports. Halbert Hargrove Russell LLC now owns 6,268 shares of the cell phone carrier's stock valued at $332,000 after purchasing an additional 1,013 shares during the period. Vantage Investment Partners Llc who had been investing in Verizon Communications for a number of months, seems to be bullish on the $200.89B market cap company.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings results on Tuesday, April 24th. VZ underperformed the S&P500 by 15.27%. Verizon Communications Inc.'s institutional ownership is 65.5%, while its institutional transactions stand at 0.14%. Natl Bank stated it has 0.76% in Verizon Communications Inc. (NYSE:VZ) or 415,944 shs.

Since February 13, 2018, it had 0 insider buys, and 2 insider sales for $444,552 activity. Legal & General Group Plc now owns 24,495,234 shares of the cell phone carrier's stock worth $1,212,227,000 after buying an additional 636,014 shares during the period. It also reduced its holding in Equity Comwlth (NYSE:EQC) by 22,903 shares in the quarter, leaving it with 11,873 shares, and cut its stake in F M C Corp (NYSE:FMC). SunTrust Banks also issued estimates for Verizon Communications' Q2 2018 earnings at $1.07 EPS, Q3 2018 earnings at $1.10 EPS, Q4 2018 earnings at $1.04 EPS, FY2018 earnings at $4.38 EPS, Q1 2019 earnings at $1.14 EPS and Q2 2019 earnings at $1.13 EPS. Funds hold 2.54 billion shares thus 0.48% more from 2017Q3's 2.53 billion shares. 141 funds opened positions while 592 raised stakes. Corda Invest Mgmt Ltd Liability invested in 2.43% or 383,210 shares. Employees Retirement Association Of Colorado holds 0.26% or 774,261 shares. Cambridge Trust owns 144,345 shares or 0.48% of their USA portfolio. Reliance Of Delaware holds 75,781 shares or 0.61% of its portfolio. Tiedemann Wealth Limited Liability invested in 10,123 shares or 0.04% of the stock. Autus Asset Mngmt Limited has 136,387 shares for 1.32% of their portfolio. Prince Street Capital Management Llc acquired 70,000 shares as Telecom Argentina S A (TEO)'s stock declined 17.60%. Dixon Hubard Feinour & Brown Va reported 44,422 shares.

Adirondack stated it has 1.41% of its portfolio in Verizon Communications Inc. (NYSE:VZ) or 133,620 shs.


Verizon Communications Inc, through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. (NYSE:VZ). Washington invested in 0.9% or 302,882 shares. Cullen Frost Bankers has invested 0.55% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 1,400 shares. Regents Of The University Of California holds 17,735 shares or 1.42% of its portfolio.

Among 30 analysts covering Verizon Communications Inc. During the same period in the prior year, the firm earned $0.95 EPS. equities research analysts forecast that Verizon Communications will post 4.57 EPS for the current fiscal year.

Shares of Verizon Communications traded up $1.42, hitting $48.62, during trading hours on Friday, according to MarketBeat Ratings. The stock of Verizon Communications Inc. The firm has "Hold" rating given on Tuesday, April 24 by Cowen & Co. The firm earned "Hold" rating on Wednesday, January 24 by Robert W. Baird. The stock has "Buy" rating by Scotia Capital on Monday, January 22. The rating was upgraded by Moffett Nathanson on Tuesday, February 21 to "Buy". The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. On Wednesday, April 25 Jefferies maintained Verizon Communications Inc. JP Morgan maintained Verizon Communications Inc. Nomura lifted their price target on shares of Verizon Communications from $61.00 to $63.00 and gave the company a "buy" rating in a report on Wednesday, January 24th. Magnetar Financial Llc bought 71,800 shares as the company's stock declined 10.41% with the market. The ex-dividend date of this dividend is Monday, April 9th. Moffet Nathanson downgraded the shares of VZ in report on Friday, April 1 to "Neutral" rating.

The company is estimated to report earnings on April 24 BMO. The stock has "Buy" rating by Piper Jaffray on Wednesday, August 30. Ifc Fl has 94,823 shares for 0.34% of their portfolio. Rfg Advisory Grp Incorporated Ltd Com invested 0.52% of its capital in Verizon Communications Inc.

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