Published: Thu, April 20, 2017
Electronics | By Jesus Weaver

Verizon Communications Inc. indicated as Equal Weight By Barclays Capital

Verizon Communications Inc. indicated as Equal Weight By Barclays Capital

The company has a 1 Year high price target of $51.55. Finally, Wells Fargo & Co lowered Verizon Communications from an "outperform" rating to a "market perform" rating and lowered their price target for the company from $56.95 to $54.00 in a research report on Monday, January 23rd. Vitae Pharmaceuticals had 7 analyst reports since August 8, 2015 according to SRatingsIntel. As per Tuesday, August 11, the company rating was upgraded by MoffettNathanson. (NYSE:VZ) by 0.1% during the fourth quarter, according to its most recent 13F filing with the SEC.

If you are an income investor then Verizon Communications Inc (NYSE:VZ) should be on your radar. They expect $1.00 earnings per share, down 5.66% or $0.06 from last year's $1.06 per share. Verizon Communications's payout ratio is now 71.74%. The stock decreased 0.16% or $0.04 on April 13, reaching $24.26.

In related news, EVP Craig L. Silliman sold 610 shares of the company's stock in a transaction on Monday, March 27th.

Shares of Verizon (VZ, Tech30) fell almost 1.5% on the news. It has underperformed by 2.48% the S&P500. 12,495 Verizon Communications Inc.

On 04/13/2017 close, Hormel Foods Corporation (NYSE:HRL) plummeted -0.61% to $34.04. Vetr downgraded Verizon Communications Inc. Shares for $543,385 were sold by Gurnani Roger on Thursday, February 23. On average, equities research analysts anticipate that Verizon Communications Inc. will post $3.83 earnings per share for the current fiscal year. The current share price indicates that stock is -10.21% away from its one year high and is moving 8.79% ahead of its 52-week low. The stock was sold at an average price of $49.29, for a total value of $32,925.72. The firm has "Buy" rating by HSBC given on Thursday, January 19. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market. The stock of Verizon Communications Inc. Arcadia Invest Mgmt Corporation Mi accumulated 3,690 shares. The stock has a market cap of $197.57 billion, a PE ratio of 15.10 and a beta of 0.43. The company was maintained on Wednesday, October 21 by Citigroup. The firm earned "Mkt Perform" rating on Wednesday, January 25 by Raymond James. It is positive, as 60 investors sold VZ shares while 658 reduced holdings.

Investors sentiment increased to 1.11 in 2016 Q4.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. 115 funds opened positions while 683 raised stakes. Wheatland reported 38,202 shares. Bancorpsouth invested in 58,988 shares. About 9.49 million shares traded. Asset One Limited has 0.97% invested in Verizon Communications Inc. Dillon & Associates Inc. now owns 4,319 shares of the cell phone carrier's stock worth $225,000 after buying an additional 14 shares in the last quarter. Neville Rodie And Shaw has 95,337 shares for 0.6% of their portfolio. $1.61 million worth of Verizon Communications Inc. (NYSE:VZ). Boston Common Asset Mgmt Ltd Company reported 245,252 shares stake. Finemark State Bank & stated it has 209,182 shares or 0.89% of all its holdings. Pioneer Investment Management Incorporated reported 3.32M shares. Beacon Tru Com reported 114,256 shares. Verizon plans to merge the Yahoo business with its AOL unit and rename the combined company with the odd moniker of Oath. Shares have dropped -9.90% over the trailing 6 months. About 130,326 shares traded.

The Company has 4080.00 million shares outstanding and 4078.65 million shares were floated in market.

Usually, the ROE ratio's between 12-15 percent are considered desirable. The Trust has a portfolio that spans approximately 4.4 million square feet of gross leasable area (GLA) and consists of over 30 properties located across Canada.

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