The company's quarterly revenue was up 2.5% compared to the same quarter last year. research analysts predict that Verizon Communications Inc. will post 3.77 earnings per share for the current year. Koshinski Asset Management Inc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $182.92 billion market cap company. (VZ) declined -0.42% and closed its last trading session at $44.88. Vanguard Group Inc. now owns 256,735,733 shares of the cell phone carrier's stock worth $14,336,123,000 after buying an additional 6,630,874 shares during the last quarter. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since November 13, 2016 and is downtrending. It has underperformed by 25.18% the S&P500.
Wellington Shields Capital Management Llc increased Teekay Shipping Corp (NYSE:TK) stake by 75,000 shares to 197,000 valued at $1.31M in 2017Q2. Smith Chas P & Associates Pa Cpas acquired 3,359 shares as Boeing Co. Stock's distance from 52 week High is -18.15% and the distance from 52 week Low is 4.86%. The Vantage Investment Advisors Llc holds 17,546 shares with $784,000 value, down from 105,648 last quarter. At&T Inc. now has $210.08 billion valuation. The shares were sold at an average price of $49.23, for a total transaction of $30,030.30. Ball Corporation (NYSE:BLL) has risen 12.13% since November 13, 2016 and is uptrending. It has outperformed by 13.93% the S&P500. Investors of record on Tuesday, October 10th were paid a dividend of $0.59 per share. It fall, as 90 investors sold VZ shares while 700 reduced holdings.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. National Planning accumulated 88,278 shares. The cell phone carrier reported $0.98 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.98. Moreover, Asset Management One Ltd has 0.73% invested in Verizon Communications Inc. Needelman Asset reported 15,974 shares. Wedge Capital Management L Limited Partnership Nc reported 519,931 shares or 0.15% of all its holdings. (NYSE:VZ). Regent Invest Llc invested in 32,356 shares or 0.51% of the stock. Advisory Service Net Llc accumulated 0.54% or 92,327 shares. $133,833 worth of City Holding Company (NASDAQ:CHCO) shares were sold by BUMGARNER DAVID L.
The Return on Invested Capital (aka ROIC) for Verizon Communications Inc. (NYSE:VZ). Marshwinds Advisory has 52,741 shares. M Secs Inc holds 0.5% of its portfolio in Verizon Communications Inc. The Value Composite Two of Verizon Communications Inc. Therefore 23% are positive.
Verizon Communications Inc.'s ROI is valued at 15.10% relatively measuring the profitability on the investment. Citigroup upgraded the stock to "Buy" rating in Tuesday, January 3 report. Proficio Capital Partners LLC lifted its position in Verizon Communications by 139.8% during the 1st quarter. The stock now has an average rating of "Hold" and an average price target of $52.75.
Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ) on Tuesday, May 30. The firm earned "Hold" rating on Monday, July 24 by Keefe Bruyette & Woods. As per Monday, August 7, the company rating was maintained by Barclays Capital. "Stock is a Dividend Investor's Dream" on November 01, 2017, also Prnewswire.com with their article: "JD Power ranks Verizon #1 in the East in 2017 US Residential TV and Internet ..." published on November 09, 2017, Prnewswire.com published: "Mariana Agathoklis named communications vice president at Verizon" on November 06, 2017. As it upholds an amended rate with more EPSGR it is prone to be a good target. Verizon Communications's payout ratio is 60.51%. Therefore 33% are positive. Macquarie reiterated a "hold" rating and set a $52.00 price target on shares of Verizon Communications in a research report on Sunday, October 22nd. Jefferies has "Buy" rating and $94 target. The firm has "Neutral" rating given on Friday, April 1 by Moffet Nathanson. The rating was maintained by FBR Capital on Wednesday, October 21 with "Outperform". Keefe Bruyette & Woods maintained the shares of CHCO in report on Friday, October 6 with "Hold" rating. The firm has "Hold" rating by Oppenheimer given on Thursday, August 10. The stock of Boeing Co (NYSE:BA) earned "Sector Perform" rating by RBC Capital Markets on Thursday, January 28. The firm has "Equalweight" rating by Stephens given on Friday, January 8.
Several equities analysts recently issued reports on the stock. SunTrust maintained the stock with "Hold" rating in Friday, October 20 report.
Investors sentiment decreased to 0.79 in Q2 2017. Its up 0.51, from 0.87 in 2017Q1.
Shifting gears, we can see that Verizon Communications Inc. 111 funds opened positions while 598 raised stakes. Regents Of The University Of California reported 3.48% stake. Arizona State Retirement has invested 0.05% in Ball Corporation (NYSE:BLL). Duncker Streett & Inc reported 49,273 shares or 0.69% of all its holdings. Dumont Blake Advsrs Limited Liability Corp owns 0.31% invested in Verizon Communications Inc. Old Second Bankshares Of Aurora holds 0.05% in Boeing Co (NYSE:BA) or 550 shares. New York-based First Eagle Limited Liability has invested 0.07% in Ball Corporation (NYSE:BLL). Segantii Capital Management Ltd purchased a new position in shares of Verizon Communications during the first quarter valued at about $6,094,000. The fund owned 329,584 shares of the cell phone carrier's stock after buying an additional 18,896 shares during the period. Twin Mgmt invested in 0.34% or 29,310 shares. Northpointe Capital Ltd Liability owns 257,235 shares. Citadel Advsr Limited Liability Co holds 0.01% or 307,414 shares in its portfolio.