Price Target Review: Verizon Communications Inc. (VZ)

American National Bank sold 39,535 shares as Verizon Communications Com (VZ)'s stock declined 7.66%. (NYSE:VZ) to report on October, 19 before the open. its quarterly earnings Wall Street analysts expect $0.98 EPS, down $0.03 or 2.97 % from last year's $1.01 same quarter earnings. Nottingham Advisors Inc. grew its position in Verizon Communications by 0.5% during the 2nd quarter. Following the completion of the sale, the executive vice president now owns 7,209 shares of the company's stock, valued at approximately $350,717.85.

Verizon Communications (NYSE VZ) traded down 0.84% during trading on Thursday, reaching $46.25. It has underperformed by 25.18% the S&P500. Moreover, Clark Mngmt Group has 0.02% invested in Verizon Communications Inc. The Firm has a data-driven online platform, which features market data and analytics. It now has negative earnings. The Company-branded platform is available on its TrueCar Website and mobile applications.

Advisory Services Network Llc holds 0.19% of its portfolio in John Hancock Patriot Premium Div Fund II for 85,707 shares. On Tuesday, May 30 the insider SILLIMAN CRAIG L. sold $27,657. Capwealth Ltd Liability has 146,322 shares for 1.31% of their portfolio.

Verizon Communications Inc. (VZ) stock directed -3.88% toward a lower level throughout previous year and swapped 2.33% toward a strong spot during past one month. (NYSE:VZ) was sold by WALDEN MARNI M on Monday, May 1. Therefore 80% are positive.

Verizon Communications Inc. (VZ) has been given an average price target of $49.64 from analysts, according to data collected by Finviz. The company was maintained on Thursday, April 28 by Canaccord Genuity. The firm has "Hold" rating given on Tuesday, July 18 by Cowen & Co. KeyCorp restated a "hold" rating on shares of Verizon Communications in a report on Wednesday. Argus Research maintained Verizon Communications Inc. Scotia Capital maintained the shares of VZ in report on Wednesday, October 21 with "Sector Outperform" rating. RBC Capital Markets has "Hold" rating and $48 target. As per Thursday, January 19, the company rating was initiated by HSBC. The rating was downgraded by FBR Capital on Wednesday, January 25 to "Mkt Perform". The stock of Eagle Pharmaceuticals Inc (NASDAQ:EGRX) earned "Neutral" rating by Mizuho on Monday, June 20. Finally, Cobblestone Capital Advisors LLC NY grew its position in Verizon Communications by 0.3% during the 1st quarter. (NASDAQ:IMMU) to report earnings on November, 1. VZ's profit will be $4.01B for 12.31 P/E if the $0.98 EPS becomes a reality.

Company shares last traded at $48.86 which is just a bit higher than $48.48, the stock's 50 day moving average and just a bit higher than the 200 day moving average of $47.04. It also upped Liberty Media Corp Delaware stake by 32,245 shares and now owns 773,258 shares.

Investors sentiment decreased to 0.88 in Q2 2017. The shares were sold at an average price of $45.34, for a total transaction of $27,657.40. 112 funds opened positions while 587 raised stakes.

While looking at the Stock's Performance, Verizon Communications Inc. now shows a Weekly Performance of -2.85%, where Monthly Performance is 2.33%, Quarterly performance is 11%, 6 Months performance is -0.56% and yearly performance percentage is -3.88%. (NYSE:VZ) for 431,850 shares. Axa reported 0.37% of its portfolio in Verizon Communications Inc. Verizon Communications has a payout ratio of 61.3% indicating that its dividend is sufficiently covered by earnings.

A number of large investors have recently bought and sold shares of VZ. Confluence Wealth Management Ltd Co accumulated 23,686 shares. 22,871 are owned by Cohen Klingenstein Ltd Liability Com. Fin Inc has invested 0.23% in Verizon Communications Inc. Opaleye Management Inc., a Massachusetts-based fund reported 900,000 shares. Strategic Advsrs Lc accumulated 122,031 shares. Wealthcare Limited Liability Corporation holds 0% or 780 shares in its portfolio. The stock of Verizon Communications Inc. (NYSE:VZ) for 125,668 shares. Weiss Multi reported 0.29% in Facebook Inc (NASDAQ:FB).

Ratings analysis reveals 80% of TrueCar's analysts are positive. Twenty-six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. VZ's average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of VZ's future price movements. $50.98's average target is 5.44% above currents $48.35 stock price. TRUE was included in 5 notes of analysts from September 12, 2016. The firm has "Buy" rating by Desjardins Securities given on Wednesday, February 8. The company was downgraded on Friday, April 21 by Argus Research. Morgan Stanley has "Underweight" rating and $6.4 target. The firm has "Hold" rating given on Sunday, October 1 by RBC Capital Markets. There were 110 sold out positions, amounting to 11.29 million shares. Bowling Portfolio Management LLC's holdings in Verizon Communications were worth $1,061,000 at the end of the most recent reporting period. The Washington-based Steelhead Partners Llc has invested 4.97% in the stock. Cap Wealth Planning Ltd, Florida-based fund reported 26,473 shares. The total number of shares traded in the last 12 months is 285,910. Immunomedics, Inc. (IMMU) has risen 76.26% since October 13, 2016 and is uptrending. It has outperformed by 62.70% the S&P500.