Analysts Near-Term outlook: Verizon Communications Inc. (VZ), AbbVie Inc. (ABBV)

Verizon Communications Inc

Verizon Communications Inc

Verizon Communications Inc is a holding company.

Verizon Communications (NYSE:VZ) has been issued a average recommendation of "Hold" from the thirty-one brokerage firms that are presently covering the company, . FMR LLC now owns 41,245,768 shares of the cell phone carrier's stock worth $2,303,164,000 after buying an additional 1,043,849 shares during the last quarter. The stock traded at a volume of 11.17 million shares. (NYSE:VZ) news were published by: which released: "Verizon's stock set to suffer longest losing streak in 12 years, but BTIG says ..." on September 08, 2017, also with their article: "How Verizon Communications Inc". It has underperformed by 25.18% the S&P500. The transaction was disclosed in a filing with the SEC, which is available at this link. HighPoint Advisor Group LLC now owns 98,723 shares of the cell phone carrier's stock worth $4,917,000 after acquiring an additional 741 shares in the last quarter. Skba Capital Mgmt Ltd Liability holds 405,865 shares. The stock was trading on below-average volume. It is down 8.48% since September 13, 2016 and is downtrending. It has underperformed by 24.43% the S&P500.

Investors sentiment decreased to 0.88 in 2016 Q4. It dropped, as 60 investors sold VZ shares while 658 reduced holdings. BlackRock Fund Advisors boosted its position in Verizon Communications by 6.4% in the second quarter.

A number of analysts have recently commented on the company. Alps reported 742,397 shares.

Verizon Communications Inc (Verizon) is a holding company. Cornerstone Capital has invested 4.09% in Verizon Communications Inc. (NYSE:VZ) for 296,907 shares.

In the last three months, insiders executed a total of 3 trades. Bridgeway Cap Mgmt Incorporated reported 0.2% of its portfolio in Verizon Communications Inc. (NYSE:VZ). State Teachers Retirement, New York-based fund reported 7.41 million shares. Goelzer Investment Mgmt owns 0.82% invested in Verizon Communications Inc. Strategic Glob Advsr Ltd reported 47,988 shares or 0.95% of all its holdings. The firm owned 7,015 shares of the cell phone carrier's stock after purchasing an additional 500 shares during the period. 29,100 are held by Ativo Management Ltd Com. Bluemountain Management Ltd Llc holds 23,499 shares or 0.02% of its portfolio. The United Kingdom-based Barclays Public Limited has invested 0% in Peoples Bancorp Inc. (NYSE:VZ). 45,654 were accumulated by Winslow Evans Crocker.

0 of these were buys and 3 were sells. On Monday, May 1 WALDEN MARNI M sold $753,961 worth of Verizon Communications Inc.

In other Verizon Communications news, EVP Craig L. Silliman sold 610 shares of the business's stock in a transaction dated Friday, July 28th. Merck & Co Inc (NYSE:MRK) was reduced too. Verizon Communications Inc. had 47 analyst reports since July 22, 2015 according to SRatingsIntel. 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 25% are positive. RBC Capital Markets maintained Verizon Communications Inc.

Verizon Communications Inc. has a beta of 0, offering the possibility of a lower rate of return, but also posing less risk. (NYSE:VZ) on Tuesday, February 21 to "Buy" rating. Cowen & Co maintained Verizon Communications Inc. The rating was maintained by Mizuho on Wednesday, February 1 with "Neutral". The stock has "Market Perform" rating by Bernstein on Thursday, April 7. Scotia Capital maintained Verizon Communications Inc. FBR Capital maintained the shares of VZ in report on Wednesday, October 21 with "Outperform" rating.

Investment House Llc decreased Alliance Data Systems Corp (NYSE:ADS) stake by 11,235 shares to 1,650 valued at $377,000 in 2016Q4. Therefore 65% are positive. AmeriGas Partners LP had 10 analyst reports since August 20, 2015 according to SRatingsIntel. Zacks downgraded the shares of MYL in report on Monday, August 17 to "Buy" rating. (NASDAQ:EA) earned "Outperform" rating by Oppenheimer on Thursday, November 12. As per Tuesday, January 3, the company rating was upgraded by Citigroup. Verizon Communications has a consensus rating of "Hold" and a consensus target price of $53.00. The stock has "Buy" rating by BMO Capital Markets on Thursday, July 13. Deutsche Bank maintained Mylan N.V. (NASDAQ:MYL) on Tuesday, July 28 with "Buy" rating. The firm earned "Overweight" rating on Monday, August 10 by Piper Jaffray. RBC Capital Markets has "Sector Perform" rating and $51 target. The stock of Mylan N.V. (NASDAQ:MYL) earned "Outperform" rating by Leerink Swann on Wednesday, May 4. The rating was downgraded by Moffet Nathanson on Friday, April 1 to "Neutral".

Investors sentiment decreased to 1.03 in 2016 Q4. Its the same as in 2016Q3. Lord Abbett & Communications Limited Liability accumulated 3.26 million shares or 0.53% of the stock. 781,717 shares or 148.35% more from 314,763 shares in 2016Q3 were reported. Cap Advisors Ltd invested 0.09% of its portfolio in Verizon Communications Inc. First Natl Bank And Tru Of Newtown holds 1.73% or 105,657 shares. Gulf Intl Retail Bank (Uk) has invested 0.08% in Mylan N.V. (NASDAQ:MYL). Metropolitan Life Insurance Com invested in 0% or 9,750 shares. Princeton Strategies Lc invested 0.77% in Mylan N.V. (NASDAQ:MYL). Aperio Gru Limited Liability invested in 0% or 18,126 shares.

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