Verizon Communications makes up approx 0.15% of Dubuque Bank Trust Co's portfolio.Asset Management firm, Partnervest Advisory Services reduced its stake in VZ by selling 5,293 shares or 31.54% in the most recent quarter. The quarterly and half-yearly performance stats stands at 3.13% and -8.36% respectively. Verizon Communications accounts for 1.1% of Hartford Investment Management Co.'s holdings, making the stock its 14th largest position. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The target implies a 3.51% spike from where the shares are now trading. Verizon started #weneedmore, a national campaign to call attention to the millions of students across the USA, especially those from underserved communities, who lack technology in schools and exposure to careers in the science and technology sector. Verizon's efforts build on five years and more than $160 million invested in building and sustaining programs across the country that provide free technology, access and immersive, hands-on learning to students and teachers, particularly in underserved and minority communities.
As for as concerns shares volumes, in share of capital Glu Mobile Inc. The firm has a market capitalization of $214.84 billion, a price-to-earnings ratio of 15.36 and a beta of 0.40. According to these analysts, the Low Revenue Estimate for Verizon Communications Inc.is 30.17 Billion and the High Revenue Estimate is 32.2 Billion. The company has a 50 day moving average of $52.31 and a 200 day moving average of $51.94.
The earnings of PPL Corporation (PPL) are forecasted by the analysts to move at $0.63 in current quarter, from $0.67 a year-ago quarter. Verizon Communications had a net margin of 10.42% and a return on equity of 72.75%. Last year, it had about $32.17 billion of revenue. For the next 5 years, Verizon Communications Inc.is expecting Growth of 1.94% per annum, whereas in the past 5 years the growth was 13.91% per annum.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 1st. The ex-dividend date was Friday, January 6th. This is a boost from Verizon Communications's previous quarterly dividend of $0.01. This represents a $2.31 dividend on an annualized basis and a dividend yield of 4.81%. Verizon Communications's payout ratio is presently 71.74%. The count of Hold ratings in that period was 19. Finally, HSBC reiterated a "hold" rating and issued a $54.00 price objective on shares of Verizon Communications in a report on Wednesday, September 28th. One research analyst has rated the stock with a sell rating, twenty-five have given a hold rating and seven have given a buy rating to the company.
The company's consensus rating on Reuter's scale has improved from 2.53 to 2.58 during a month.
Other Asset Management firms and Wealth Managers have also recently made changes to their positions in the stock.Asset Management firm, Dubuque Bank Trust Co reduced its stake in VZ by selling 49,321 shares or 73.42% in the most recent quarter. Verizon Communications makes up approx 0.49% of Cullinan Associates Inc's portfolio.Harvey Capital Management Inc boosted its stake in VZ in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 11,415 shares of Verizon Communications which is valued at $560,705. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The shares were sold at an average price of $47.76, for a total value of $32,094.72. (VZ) offloaded shares in a transaction closed on Tuesday November 22, 2016. The disclosure for this sale can be found here. Insiders own 0.10% of the company's stock.
In Verizon Communications Inc.