Price Target Review: Verizon Communications Inc. (VZ)

It is negative, as 90 investors sold VZ shares while 700 reduced holdings. About 10.27 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since October 13, 2016 and is downtrending. It has underperformed by 25.18% the S&P500.

As of the end of the quarter F&V Capital Management, LLC had sold 3,635 shares trimming its holdings by 2.2%.

Verizon Communications Inc. has a consensus hold rating from 30 Wall Street analysts, and the number of shares now sold short amount to at least 0.91% of shares outstanding. Eagle Pharmaceuticals Inc now has $788.80 million valuation. It is down 0.00% since October 13, 2016 and is. It has outperformed by 145.03% the S&P500.

Analysts await Verizon Communications Inc. Analysts expect Verizon Communications to earn $3.83 per share next year, which means the company should continue to be able to cover its $2.31 annual dividend with an expected future payout ratio of 60.3%. This is assuming the current $0.98 EPS is accurate. The analysts estimated EPS for the higher end at 1.11 and lower end at 0.83 while the year ago reported earnings per share was 0.95. There has been an observed change of -1.55% in the ownership of the shares in the past six months. (NYSE:VZ). Kempen Cap Nv reported 577,283 shares or 2.43% of all its holdings. Nexeo Solutions Inc was raised too.

Among 16 analysts covering Equifax Inc (NYSE:EFX), 11 have Buy rating, 1 Sell and 4 Hold. Therefore 75% are positive. Kinder Morgan had 58 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Eagle Pharmaceuticals Inc (NASDAQ:EGRX) earned "Underperform" rating by Mizuho on Monday, January 9. The firm has "Hold" rating given on Thursday, December 3 by Argus Research. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Wednesday, December 9. The firm has "Hold" rating by Jefferies given on Thursday, April 7. RBC Capital Markets has "Hold" rating and $48 target. Scotia Capital maintained the stock with "Outperform" rating in Wednesday, November 16 report. On Wednesday, September 30 the stock rating was maintained by RBC Capital Markets with "Outperform".

The target implies a -0.44% decrease from where the shares are now trading. Its down 0.12, from 1 in 2017Q1.

Among 26 analysts covering Verizon Communications Inc. 112 funds opened positions while 587 raised stakes. (NYSE:VZ). Reik Com Ltd, New York-based fund reported 7,228 shares. Willingdon Wealth Management has 0.7% invested in Verizon Communications Inc. (NYSE:VZ). The Missouri-based Benjamin F Edwards & has invested 0.49% in Verizon Communications Inc.

Verizon Communications Inc. (VZ) now the company's industry has 13.86 P/E and the sector P/E is 16.24. (NYSE:VZ) for 50,387 shares. Hbk Sorce Advisory Ltd Liability Corp has invested 0.37% in Verizon Communications Inc. "(VZ) Shares Bought by NGAM Advisors L.P." was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. Fort Washington Investment Oh holds 0.15% of its portfolio in Verizon Communications Inc. Capital Ww holds 1.00M shares or 0.03% of its portfolio. (NYSE:VZ) for 68,715 shares. Envestnet Asset Mgmt Incorporated reported 0.13% stake. (NYSE:VZ). Fmr Lc invested in 61.83M shares or 0.34% of the stock. Walter Keenan Fincl Consulting Communication Mi Adv invested in 1.93% or 86,174 shares.

Brian Taylor decreased its stake in Verizon Communications Inc (VZ) by 48.3% based on its latest 2017Q2 regulatory filing with the SEC. $753,961 worth of Verizon Communications Inc. (NYSE:VZ) for 1.25 million shares. Verizon Communications has a 52 week low of $42.80 and a 52 week high of $54.83. The stock has a market cap of $197.24 billion, a P/E ratio of 12.43 and a beta of 0.56. The Company, through its subsidiaries, provides communications, information and entertainment services and products to consumers, businesses and governmental agencies. The Company's divisions include Wireless and Wireline. Verizon Communications also was the recipient of unusually large options trading on Tuesday. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Therefore 23% are positive. Vetr upgraded shares of Verizon Communications from a "buy" rating to a "strong-buy" rating and set a $50.65 price objective on the stock in a research report on Wednesday, July 5th. (NYSE:VZ) on Wednesday, January 25 to "Mkt Perform" rating. Robert W. Baird maintained Verizon Communications Inc. Finally, Carret Asset Management LLC boosted its holdings in Verizon Communications by 1.5% during the 1st quarter. (NYSE:VZ), 6 have Buy rating, 0 Sell and 20 Hold. Citigroup maintained the shares of VZ in report on Monday, March 14 with "Neutral" rating. As per Thursday, January 19, the company rating was initiated by HSBC. On Monday, September 7 the stock rating was downgraded by Zacks to "Hold". The rating was upgraded by Moffett Nathanson to "Buy" on Tuesday, February 21.

Since May 1, 2017, it had 0 insider buys, and 2 insider sales for $781,618 activity.

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