Swedbank Has Lifted Verizon Communic (VZ) Position By $8.40 Million; Noodles & Co (NDLS) Sentiment Is 1.41

December 18, 2017 - By Kurt Siggers

Noodles & Company develops and operates fast casual restaurants in the United States. The company has market cap of $207.65 million. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, sandwiches, and appetizers. It currently has negative earnings. As of January 3, 2017, the firm operated 532 restaurants comprising 457 company-owned and 75 franchised locations, across 35 states, the District of Columbia, and one Canadian province.

Swedbank increased Verizon Communic (VZ) stake by 6.97% reported in 2017Q2 SEC filing. Swedbank acquired 190,903 shares as Verizon Communic (VZ)’s stock declined 7.66%. The Swedbank holds 2.93M shares with $130.76 million value, up from 2.74M last quarter. Verizon Communic now has $217.21 billion valuation. The stock increased 1.09% or $0.57 during the last trading session, reaching $53.24. About 8.41M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since December 18, 2016 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 27% are positive. Verizon Communications Inc. had 62 analyst reports since July 22, 2015 according to SRatingsIntel. As per Monday, July 31, the company rating was maintained by RBC Capital Markets. Citigroup maintained the shares of VZ in report on Wednesday, October 21 with “Neutral” rating. Robert W. Baird maintained the shares of VZ in report on Wednesday, October 4 with “Hold” rating. The rating was initiated by HSBC on Thursday, January 19 with “Buy”. MoffettNathanson upgraded Verizon Communications Inc. (NYSE:VZ) on Tuesday, August 11 to “Neutral” rating. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) on Monday, September 18 with “Hold” rating. The firm has “Hold” rating by Argus Research given on Friday, April 21. Argus Research maintained the stock with “Buy” rating in Wednesday, October 21 report. The company was upgraded on Tuesday, January 3 by Citigroup. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) on Friday, October 20 with “Hold” rating.

Investors sentiment is 0.88 in Q2 2017. Its the same as in 2017Q1. It is without change, as 90 investors sold VZ shares while 700 reduced holdings. only 112 funds opened positions while 587 raised stakes. 2.49 billion shares or 0.28% less from 2.50 billion shares in 2017Q1 were reported. Pine River Cap Limited Partnership stated it has 460,122 shares. Glg Limited Partnership holds 25,013 shares or 0.06% of its portfolio. State Of Alaska Department Of Revenue has 330,178 shares. Regal Limited Liability Corporation owns 26,923 shares for 0.3% of their portfolio. Gemmer Asset Management Limited Liability Com holds 18,831 shares or 0.35% of its portfolio. Autus Asset Mngmt Limited Liability Com holds 135,485 shares or 1.22% of its portfolio. New Jersey-based Roundview Lc has invested 0.51% in Verizon Communications Inc. (NYSE:VZ). Moreover, Edgewood Mngmt Ltd has 0% invested in Verizon Communications Inc. (NYSE:VZ) for 16,935 shares. Cetera Advisor Netwr Ltd Co stated it has 0.7% of its portfolio in Verizon Communications Inc. (NYSE:VZ). & Mgmt stated it has 0.14% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Smithfield Trust has 41,870 shares. Atria Invs Ltd Llc reported 117,576 shares. 23,848 are held by First Commonwealth Finance Corporation Pa. Amica Pension Fund Board Of Trustees reported 167,240 shares stake. D Scott Neal owns 194 shares for 0.01% of their portfolio.

Since August 28, 2017, it had 0 insider buys, and 3 selling transactions for $89,365 activity. Another trade for 610 shares valued at $29,658 was made by SILLIMAN CRAIG L. on Friday, October 27.

Swedbank decreased Unitedhealth Gro (NYSE:UNH) stake by 78,344 shares to 2.31 million valued at $427.89 million in 2017Q2. It also reduced Rockwell Automat (NYSE:ROK) stake by 129,010 shares and now owns 1.09 million shares. At&T Inc (NYSE:T) was reduced too.

Analysts await Noodles & Company (NASDAQ:NDLS) to report earnings on March, 7. They expect $0.01 EPS, up 125.00% or $0.05 from last year’s $-0.04 per share. NDLS’s profit will be $411,188 for 126.25 P/E if the $0.01 EPS becomes a reality. After $0.02 actual EPS reported by Noodles & Company for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

The stock increased 1.00% or $0.05 during the last trading session, reaching $5.05. About 44,478 shares traded. Noodles & Company (NDLS) has declined 49.79% since December 18, 2016 and is downtrending. It has underperformed by 66.49% the S&P500.

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