Quarterly Financial Watch for Verizon Communications Inc. (NYSE:VZ)

Verizon Communications Inc. earnings have risen with an annualized rate of 65.8% over the last 5 years. (NYSE:VZ) has an average volume of 14.76 Million. Capital Planning Advisors Ltd accumulated 37,958 shares or 0.75% of the stock.

Verizon Communications Inc. has a 12 month low of $42.80 and a 12 month high of $54.83. Alpha Cubed Investments LLC's holdings in Verizon Communications were worth $12,098,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. More interesting news about Verizon Communications Inc. The Liberty Capital Management Inc holds 36,634 shares with $1.57 million value, down from 50,434 last quarter. Covington Inv has 0.99% invested in Verizon Communications Inc. Schnieders Capital Management LLC now owns 87,849 shares of the cell phone carrier's stock worth $3,923,000 after purchasing an additional 326 shares during the last quarter.

Cardax, Inc.is a life sciences company. Viking Fund Mngmt Ltd Liability Com holds 1.08% or 157,000 shares in its portfolio. The Washington-based Evergreen Capital Management Llc has invested 0.03% in the stock.

Deroy & Devereaux Private Investment Counsel Inc holds 1.54% of its portfolio in P H Glatfelter Co for 686,238 shares. Nationwide Fund Advisors grew its stake in Verizon Communications by 7.0% in the 3rd quarter. WALDEN MARNI M had sold 16,362 shares worth $753,961. (NYSE:VZ) was sold by SILLIMAN CRAIG L. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and global trademark & copyright law. It worsened, as 90 investors sold VZ shares while 700 reduced holdings.

Several research analysts have recently commented on VZ shares. On Tuesday, February 21 the stock rating was upgraded by Moffett Nathanson to "Buy". Goldman Sachs Group, Inc. Advisors Asset Management Inc., a Colorado-based fund reported 68,202 shares. The firm has "Hold" rating by KeyBanc Capital Markets given on Wednesday, October 11. Covenant Multifamily Offices Ltd reported 0.89% in Verizon Communications Inc. (NYSE:VZ) has "Hold" rating given on Monday, September 7 by Zacks. Institutional shareholders now hold a 63.13% stake overall in VZ.

NYSE:VZ) shares were trading higher by 0.65 percent ($0.32) at $49.53 a piece in Friday's session. The stock was sold at an average price of $49.29, for a total value of $32,925.72. Shares of VZ have uptrended 13.32% in the past three months, while the S&P 500 has moved 7.52% in that time.

Since May 1, 2017, it had 0 insider buys, and 2 sales for $781,618 activity. BidaskClub raised shares of Verizon Communications from a "strong sell" rating to a "sell" rating in a research report on Monday, July 31st. (NYSE:VZ) on Tuesday, May 30. According to today's trading volume Verizon Communications Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The company has a 50-day moving average of $48.55 and a 200-day moving average of $47.01. Paragon Cap Limited Liability holds 0.09% or 6,628 shares in its portfolio. (NYSE:VZ) were released by: Finance.Yahoo.com and their article: "3 Big Stock Charts for Friday: Verizon Communications Inc., General Electric ..." published on October 20, 2017 as well as Prnewswire.com's news article titled: "Verizon Communications to report earnings October 19" with publication date: October 18, 2017. Note, this compares with a consensus analyst forecast of 0.88 in earnings per share for its next fiscal quarterly report.

On a similar note, analysts expect EPS of $0.88 in December 2017 quarter and $0.98 in March 2018 quarter, representing 2.33% and 3.16% growth, respectively. Verizon Communications had a net margin of 12.80% and a return on equity of 58.66%. The company's revenue for the quarter was up 2.5% compared to the same quarter previous year. Moreover, Endurant Capital Management Lp has 2.38% invested in the company for 509,660 shares. CytoDyn Inc (OTCMKTS:CYDY) has 0.00% since October 24, 2016 and is. The ex-dividend date is Friday, October 6th. Nationwide Fund Advisors lifted its stake in Verizon Communications by 7.0% during the third quarter. Verizon Communications's dividend payout ratio (DPR) is now 60.51%.

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 Company's Wireline segment offers high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as Voice over Internet protocol services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services that include collocation and managed hosting services; cloud services, which comprise computing, storage, backup, and recovery.

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