As Verizon Communications (VZ) Shares Rose, Ajo LP Decreased Stake

Verizon Communications Inc. (NYSE:VZ) Corporate LogoBig Money Sentiment increased to 1.3 in 2018 Q3. It has change of 0.21, from 2018Q2’s 1.09. The ratio is positive due to VZ positioning: 40 sold and 569 reduced. 138 funds acquired stakes and 651 increased stakes. Investors holded 2.56 billion in 2018Q2 but now own 2.57 billion shares or 0.19% more. 1.70M are held by Sg Americas Secs Lc. Bouchey Financial Gp Limited holds 0.07% or 5,714 shs in its capital. Argyle Capital Mgmt owns 90,921 shs. Hamel Assoc Incorporated accumulated 87,924 shs or 2.03% of the stock. Northwestern Mutual Wealth Com stated it has 318,251 shs or 0.09% of all its holdings. Park Circle Communications reported 0.03% stake. Maple Capital accumulated 1.49% or 124,049 shs. Uss Investment Mgmt Limited holds 0.11% in Verizon Communications Inc. (NYSE:VZ) or 207,824 shs. 44,121 are held by First Natl Bank. Hollencrest Cap Management holds 0.05% in Verizon Communications Inc. (NYSE:VZ) or 8,151 shs. Brandywine Limited Liability Com stated it has 3.72M shs or 1.24% of all its holdings. Acg Wealth stated it has 0.33% of its capital in Verizon Communications Inc. (NYSE:VZ). Selway Asset Management, a Idaho-based fund reported 42,246 shs. Cypress Cap Mgmt Limited Com owns 155,920 shs for 1.46% of their capital. Palladium Limited Com stated it has 100,091 shs or 0.36% of all its holdings.

The stake In Verizon Communications (VZ) was reduced held by Ajo Lp. According to 2018Q3 SEC filling the decrease is 8.72%. By selling 848,810 shares Ajo Lp made the stock popped up with 7.67%. The institutional investor is holding 8.89 million shares, compared to the 9.74 million from the previous quarter. And the reported value of the telecommunications equipment company is $474.62M for the 2018Q3. Verizon Communications has $225.11 billion market cap. The stock increased 0.11% or $0.06 during the last trading session, hitting $54.48.Currently Verizon Communications Inc. is uptrending after 15.57% change in last February 14, 2018. VZ has 11.88 million shares volume. VZ outperformed the S&P500 by 15.57%.

The Ajo Lp’s stake in Emerson Electric (NYSE:EMR) was increased by 109,259 shares to 128,193 shares valued at $9.82M in 2018Q3, according to the filing. It manages about $24.49B and $21.16 billion US Long portfolio. Ajo Lp has risen its stake in Oge Energy (NYSE:OGE) and also increased its holding in Exelon Corp (NYSE:EXC) by 2.91 million shares in the quarter, for a total of 4.33M shares.

For more Verizon Communications Inc. (NYSE:VZ) news posted recently go to: Seekingalpha.com, Globenewswire.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Verizon Q4 2018 Earnings Preview – Seeking Alpha” posted on January 28, 2019, “Verizon to redeem debt securities NYSE:VZ – GlobeNewswire” on February 07, 2019, “Verizon -1.6% on mixed Q4 – Seeking Alpha” with a publish date: January 29, 2019, “Verizon: The Year Of Investment – Seeking Alpha” and the last “Verizon: Unlikely To Yield Under 4% – Seeking Alpha” with publication date: January 16, 2019.

Verizon Communications Inc. (NYSE:VZ) Ratings Coverage

In total 4 analysts cover Verizon Communications (NYSE:VZ). “Buy” rating has 0, “Sell” are 0, while 4 are “Hold”. 0 are bullish. 6 are the (NYSE:VZ)’s analyst reports since September 4, 2018 according to StockzIntelligence Inc. In Wednesday, October 24 report JP Morgan maintained the stock with “Overweight” rating. The company rating was maintained by Barclays Capital on Wednesday, October 24. On Wednesday, December 12 Morgan Stanley downgraded Verizon Communications Inc. (NYSE:VZ) rating. Morgan Stanley has “Equal-Weight” rating and $58 target. The company rating was downgraded by Barclays Capital on Tuesday, September 4. On Tuesday, September 4 the stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given by Moffett Nathanson. On Monday, December 3 JP Morgan downgraded the shares of VZ in report to “Neutral” rating.

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

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