Skba Capital Management Llc decreased its stake in Verizon Communications Inc (NYSE:VZ) by 16.87% based on its latest 2016Q2 regulatory filing with the SEC. Verizon Communications makes up approx 0.04% of Wespac Advisors Socal’s portfolio.Wfg Advisors Lp boosted its stake in VZ in the latest quarter, The investment management firm added 2,329 additional shares and now holds a total of 38,373 shares of Verizon Communications which is valued at $2,058,711.
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Twitter, Inc.’s (TWTR) stock price showed strong performance of 8.11% in last seven days, switched up 9.18% in last thirty days and it fell -26.89% in last one year. Three months ago, stock has been recommended as “BUY” from “12” and “1” given “OVERWEIGHT” rating for the company. 23 Analysts reported that the Price Target for Verizon Communications Inc. might touch $60 high while the Average Price Target and Low price Target is $54.09 and $45 respectively. But the stock was ranked Underweight by not a single analyst in current phase while overall the consensus rank was for Overweight. 0 revealed “Sell” signal and “Underweight” rating was declared by 0. They now have a United States dollars 54 price target on the stock. They now have a Dollars 53 price target on the stock. MCADAM LOWELL C is one of the largest insider shareholders in Verizon Communications Inc. The shares have been given a mean “HOLD” rating keeping in view the consensus of “41” Analysts. Overweight rating was given by 0 analysts and Underweight rating was given by 0 analysts. They now have a United States dollars 55 price target on the stock. Analysts had expected Verizon Communications Inc.
06/27/2016 – Verizon Communications Inc. had its “neutral” rating reiterated by analysts at Robert W. Baird. 7 analysts have rated the company as a “Hold”. They now have a Dollars 56 price target on the stock. Verizon Communications was Downgraded by Oppenheimer to ” Perform” on Jul 20, 2016. They now have a Dollars 47 price target on the stock. The stock is now holding above its 50-day SMA of $-1.03 and above its 200-day SMA of $53.69. The Market Capitalization of the company stands at 218.27 Billion. The average volume stands around 13.19 million shares.
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Verizon Communications Inc. (Verizon) is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment services and products to consumers, businesses and governmental agencies. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales that are provided to consumer, business and government customers across the United States. Wireline’s voice data and video communications products and services include broadband video and data corporate networking solutions data center and cloud services security and managed network services and local and long distance voice services. The Company provides these products and services to consumers as well as to carriers, businesses and government customers. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 24 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.
