Is Verizon Communications Inc. (NYSE:VZ) A Safe Bet For Investors?

Rodiano Bonacci
Novembre 25, 2017

Finally, Cascade Investment Advisors Inc. increased its position in Verizon Communications by 0.4% in the 1st quarter. Allegis Investment Advisors LLC now owns 59,067 shares of the cell phone carrier's stock valued at $2,880,000 after acquiring an additional 4,898 shares during the period. Hess Corp. (NYSE:HES) has declined 14.55% since November 23, 2016 and is downtrending. It has underperformed by 8.92% the S&P500.

Cypress Capital Management Llc Wy decreased Verizon Communications Inc (VZ) stake by 26.7% reported in 2017Q2 SEC filing. (VZ)'s stock declined 7.66%. Ruggie Capital Group now owns 2,649 shares of the cell phone carrier's stock valued at $137,000 after buying an additional 9 shares during the last quarter. Verizon Communications Inc now has $191.84 billion valuation. The stock traded with the average Volume of 15 Million at the end of last session.

A total of 15.82 Billion shares exchanged at hands and its average trading volume is standing at 15 Million shares. It has underperformed by 25.18% the S&P500.

Verizon Communications Inc. has a twelve month low of $42.80 and a twelve month high of $54.83. Of those analysts, 6 rate stock as a Strong Buy, 14 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 27% are positive. TheStreet raised Verizon Communications from a "c+" rating to a "b-" rating in a research note on Tuesday, August 8th. (NYSE:VZ) on Thursday, August 10 with "Hold" rating.

Verizon Communications Inc. (VZ) has a Return on Assets of 6.4 percent, Return on Investment of 15.1 percent and a Return on Equity of 65 percent. The firm has "Equal Weight" rating by Barclays Capital given on Thursday, April 13. As per Wednesday, July 20, the company rating was downgraded by Oppenheimer. The firm earned "Hold" rating on Friday, July 7 by RBC Capital Markets. Bank of America Corporation set a $52.00 target price on Verizon Communications and gave the stock a "buy" rating in a report on Friday, October 20th. RBC Capital Markets maintained the shares of VZ in report on Monday, January 25 with "Outperform" rating.

ILLEGAL ACTIVITY NOTICE: "Verizon Communications Inc".

Among 21 analysts covering McKesson Corporation (NYSE:MCK), 9 have Buy rating, 1 Sell and 11 Hold. (NYSE:VZ). Foster & Motley Inc owns 1.57% invested in Verizon Communications Inc. DekaBank Deutsche Girozentrale now owns 1,673,761 shares of the cell phone carrier's stock valued at $74,961,000 after buying an additional 72,980 shares during the last quarter. Barclays Bank Plc was raised too.

Since May 30, 2017, it had 0 insider buys, and 1 insider sale for $27,657 activity. Shares for $27,657 were sold by SILLIMAN CRAIG L. on Tuesday, May 30.

Verizon Communications Inc. has a twelve month low of $42.80 and a twelve month high of $54.83.

The company reported its last earnings Actual EPS of $0.98/share. They expect $0.97 EPS, up 12.79% or $0.11 from last year's $0.86 per share. VZ's profit would be $3.59B giving it 13.38 P/E if the $0.88 EPS is correct. Macquarie reaffirmed a "hold" rating and set a $52.00 price target on shares of Verizon Communications in a research report on Sunday, October 22nd.

Investors sentiment decreased to 0.88 in Q2 2017. For the most recent quarter, quick ratio was 1, current ratio was 1.1, LT Debt/Equity ratio was 4.3 and Total Debt/Equity ratio stands at 4.38, while Payout ratio is 0.592.

Several other institutional investors have also bought and sold shares of VZ.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Northstar has invested 0.55% in Verizon Communications Inc. Franklin Parlapiano Turner & Welch LLC purchased a new stake in Verizon Communications in the first quarter worth approximately $136,000. (NYSE:VZ). Highland Cap Mngmt Ltd Liability Corporation reported 1.03% stake. Wellington Shields Capital Management Lc invested 0.29% of its portfolio in Visa Inc (NYSE:V). Thompson Siegel And Walmsley Llc invested in 384,668 shares or 0.2% of the stock. Curbstone Fincl Mngmt Corporation holds 28,330 shares or 0.76% of its portfolio. Following the completion of the sale, the executive vice president now directly owns 63,734 shares in the company, valued at $3,205,182.86. (NYSE:VZ). Hennessy Advsr stated it has 261,050 shares. It also upped Comcast Corp Com Usd0.01 Cl A (NASDAQ:CMCSA) stake by 99,653 shares and now owns 1.76 million shares. Lodestar Invest Counsel Ltd Liability Co Il invested in 39,023 shares or 0.22% of the stock. Jennison Assocs Ltd Limited Liability Company invested in 0% or 30,446 shares. Advantus Capital has invested 0.53% of its portfolio in Verizon Communications Inc. British Columbia Inv Mngmt reported 2.41M shares stake. 185.52 million shares or 2.71% less from 190.69 million shares in 2017Q1 were reported. (NYSE:VZ) news were published by: Investorplace.com which released: "Verizon Communications Inc". (NYSE:HES) to report earnings on January, 24. The stock's quarterly performance indicates a negative momentum of -2.5 percent, whereas its last one month trend is pessimistic with -3.76 percent.

EPS growth for the next 5 years is 1.27 percent.

Investors sentiment decreased to 1 in Q2 2017. Pettee Investors holds 1.13% or 28,594 shares in its portfolio. 250.30 million shares or 1.79% more from 245.89 million shares in 2017Q1 were reported. Mercer Advisers Inc holds 0.13% or 4,050 shares in its portfolio. Haverford Tru Commerce accumulated 723,231 shares. Crestwood Cap Ltd Partnership has 108,013 shares for 5.21% of their portfolio. Sumitomo Mitsui Trust Holding Incorporated has 0.06% invested in Hess Corp.

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