W-G Shaheen & Associates Dba Whitney & Co Has Lowered By $459,940 Its Verizon Communications (VZ) Holding; Autozone (AZO) Has 0.85 Sentiment

May 23, 2018 - By Vivian Park

Verizon Communications Inc. (NYSE:VZ) Logo

Autozone Inc (AZO) investors sentiment decreased to 0.85 in Q4 2017. It’s down -0.20, from 1.05 in 2017Q3. The ratio has dropped, as 202 active investment managers increased and opened new stock positions, while 237 reduced and sold stock positions in Autozone Inc. The active investment managers in our database now possess: 25.09 million shares, down from 26.58 million shares in 2017Q3. Also, the number of active investment managers holding Autozone Inc in top ten stock positions increased from 10 to 14 for an increase of 4. Sold All: 37 Reduced: 200 Increased: 116 New Position: 86.

W-G Shaheen & Associates Dba Whitney & Co decreased Verizon Communications Inc (VZ) stake by 6.57% reported in 2017Q4 SEC filing. W-G Shaheen & Associates Dba Whitney & Co sold 8,845 shares as Verizon Communications Inc (VZ)’s stock declined 11.05%. The W-G Shaheen & Associates Dba Whitney & Co holds 125,700 shares with $6.65M value, down from 134,545 last quarter. Verizon Communications Inc now has $200.03B valuation. The stock decreased 0.82% or $0.4 during the last trading session, reaching $48.41. About 9.55M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since May 23, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Among 31 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 16 Hold. Therefore 48% are positive. Verizon Communications Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given on Friday, October 16 by Nomura. The company was maintained on Friday, July 14 by Barclays Capital. The company was maintained on Friday, October 20 by Bank of America. The rating was maintained by Bank of America with “Buy” on Wednesday, January 24. The rating was maintained by Barclays Capital on Monday, April 18 with “Equal-Weight”. Zacks upgraded Verizon Communications Inc. (NYSE:VZ) rating on Friday, August 14. Zacks has “Hold” rating and $53 target. The firm has “Hold” rating by SunTrust given on Friday, October 20. On Thursday, July 27 the stock rating was maintained by Oppenheimer with “Hold”. Cowen & Co maintained the shares of VZ in report on Monday, September 18 with “Hold” rating. RBC Capital Markets maintained the shares of VZ in report on Monday, April 24 with “Hold” rating.

W-G Shaheen & Associates Dba Whitney & Co increased Ishares Tr (CSJ) stake by 14,515 shares to 24,912 valued at $2.60 million in 2017Q4. It also upped Alphabet Inc stake by 635 shares and now owns 3,479 shares. Ishares Tr (AGG) was raised too.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on July, 26. They expect $1.14 earnings per share, up 18.75% or $0.18 from last year’s $0.96 per share. VZ’s profit will be $4.71 billion for 10.62 P/E if the $1.14 EPS becomes a reality. After $1.17 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -2.56% negative EPS growth.

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.14, from 0.88 in 2017Q3. It increased, as 57 investors sold VZ shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Rbf Lc accumulated 0.23% or 40,000 shares. Loudon Inv Management Limited Liability Corporation has 9,929 shares for 0.4% of their portfolio. Johnson Counsel Incorporated invested 0.19% in Verizon Communications Inc. (NYSE:VZ). The Pennsylvania-based Connors Investor Services Incorporated has invested 1.18% in Verizon Communications Inc. (NYSE:VZ). 72,890 were accumulated by Delta Asset Mngmt Limited Com Tn. Bancorporation Of Nova Scotia reported 0.18% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Wright Investors Inc reported 0.29% in Verizon Communications Inc. (NYSE:VZ). Arvest Financial Bank Trust Division accumulated 0.54% or 144,941 shares. Sandy Spring Comml Bank reported 209,085 shares or 1.01% of all its holdings. Glg Llc invested 0.35% in Verizon Communications Inc. (NYSE:VZ). Covington Advsr holds 58,670 shares or 1.06% of its portfolio. Aureus Asset Mgmt Limited Liability Corporation holds 0.1% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 12,234 shares. Btc Cap Management stated it has 124,499 shares or 1.13% of all its holdings. Dimensional Fund Limited Partnership holds 0.29% or 13.11M shares in its portfolio. Cibc Mkts Inc invested 0.29% in Verizon Communications Inc. (NYSE:VZ).

Since February 13, 2018, it had 0 buys, and 2 insider sales for $444,552 activity. $346,957 worth of stock was sold by Skiadas Anthony T on Tuesday, February 13.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Verizon holds sellside analyst meeting” on May 21, 2018, also Globenewswire.com with their article: “Verizon to speak at JP Morgan conference May 16” published on May 15, 2018, Globenewswire.com published: “Verizon collapses key network elements, improving efficiency and customer functionality” on April 30, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: 247Wallst.com and their article: “Is Verizon Back on Track?” published on April 24, 2018 as well as Fool.com‘s news article titled: “Verizon Aims to Be Much More Than a Phone Company” with publication date: May 10, 2018.

Ratings analysis reveals 57% of AutoZone’s analysts are positive. Out of 7 Wall Street analysts rating AutoZone, 4 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $810.0 while the high is $855.0. The stock’s average target of $830 is 33.93% above today’s ($619.72) share price. AZO was included in 7 notes of analysts from August 26, 2016. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, September 23. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, September 27. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, December 7. The company was initiated on Wednesday, December 14 by Atlantic Securities. As per Friday, August 26, the company rating was initiated by Susquehanna. UBS upgraded it to “Buy” rating and $825.0 target in Monday, September 12 report. The rating was initiated by Guggenheim on Wednesday, January 18 with “Buy”.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Livetradingnews.com which released: “AutoZone, Inc. (NYSE:AZO) Declines 9.49%” on May 23, 2018, also 247Wallst.com with their article: “Why These Auto Parts Stocks Are Seeing a Rising Tide” published on May 22, 2018, Seekingalpha.com published: “AutoZone, Inc 2018 Q3 – Results – Earnings Call Slides” on May 23, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Benzinga.com and their article: “China, US Back Away From Trade War, Helping Market Sentiment” published on May 22, 2018 as well as Globenewswire.com‘s news article titled: “AutoZone to Release Third Quarter Earnings May 22, 2018” with publication date: April 26, 2018.

Since January 1, 0001, it had 1 insider purchase, and 5 sales for $12.56 million activity.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $16.67 billion. It offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It has a 13.13 P/E ratio. The firm also provides A/C compressors, batteries and accessories, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps.

Verizon Communications Inc. (NYSE:VZ) Institutional Positions Chart

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