As Verizon Communications INC (VZ) Shares Declined, Shareholder Apg Asset Management Nv Increased Stake by $299.93 Million

Verizon Communications Inc. (NYSE:VZ) Corporate LogoBig Money Sentiment decreased to 1.18 in Q4 2018. It has change of 0.12, from 2018Q3’s 1.3. The ratio dropped due to VZ positioning: 59 sold and 611 reduced. 149 funds acquired holdings and 641 increased holdings. Investors holded 2.57 billion in 2018Q3 but now own 2.67 billion shares or 4.15% more. Amica Pension Fund Board Of Trustees holds 153,943 shs or 1.34% of its capital. Beck Mack And Oliver Limited Liability holds 390,266 shs. Walter Keenan Fincl Consulting Com Mi Adv has invested 2.29% in Verizon Communications Inc. (NYSE:VZ). Stonehearth Capital Limited Liability reported 0.34% stake. Fincl Consulate holds 0.3% of its capital in Verizon Communications Inc. (NYSE:VZ) for 9,005 shs. Hamlin Cap Mgmt Ltd Llc has invested 5.1% of its capital in Verizon Communications Inc. (NYSE:VZ). Wealthquest stated it has 0.13% in Verizon Communications Inc. (NYSE:VZ). Lockheed Martin Company holds 73,620 shs. Hexavest has invested 3.83% in Verizon Communications Inc. (NYSE:VZ). Orrstown Fincl Svcs accumulated 19,028 shs. New York-based Bbr Prtnrs Limited Liability Corp has invested 0.06% in Verizon Communications Inc. (NYSE:VZ). Sandhill Capital Prtnrs Limited Liability Corp owns 10,453 shs or 0.1% of their US capital. Ameriprise Financial reported 0.66% in Verizon Communications Inc. (NYSE:VZ). Abner Herrman And Brock Ltd owns 0.91% invested in Verizon Communications Inc. (NYSE:VZ) for 88,537 shs. Northeast Invest Management holds 0.18% or 32,430 shs.

Apg Asset Management Nv rose its stake by 64.76% in Verizon Communications Inc (VZ), according to 2018Q4 Securities and Exchange form. By buying 6.12M shares Apg Asset Management Nv made the stock sank with 6.36%. The telecommunications equipment company reported $765.87M value for the 2018Q4. Now the institutional investor is holding 15.57 million shares, compared to the 9.45 million from the previous quarter. $250.40B is the MC of Verizon Communications Inc. The stock increased 0.92% or $0.55 during the last trading session, hitting $60.63.Verizon Communications Inc. has volume of 12.32M shares. Since March 27, 2018 VZ has risen 17.26% and is uptrending. VZ outperformed the S&P500 by 12.89%.

About $49.09B US Long portfolio Apg Asset Management Nv operates. It reduced its stake in Campbell Soup Co (NYSE:CPB) by 901,600 shares to 77,769 shares, valued at $2.24 million in 2018Q4, according to the filing. Apg Asset Management Nv has cut its stake in Delphi Technologies Plc and also reduced its holding in Fifth Third Bancorp (NASDAQ:FITB) by 900,500 shares in the quarter, for a total of 4.94 million shares.

For more Verizon Communications Inc. (NYSE:VZ) news brought out recently go to: Globenewswire.com, Globenewswire.com, Seekingalpha.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “3/8/19: Verizon declares quarterly dividend NYSE:VZ – GlobeNewswire” brought out on March 08, 2019, “12/6/18: Verizon declares quarterly dividend NYSE:VZ – GlobeNewswire” on December 06, 2018, “Verizon: Should I Buy It Now? – Seeking Alpha” with a publish date: February 25, 2019, “Verizon to speak at Morgan Stanley TMT conference Feb. 26 – GlobeNewswire” and the last “Verizon supports communities impacted by recent Alabama and Georgia tornadoes – GlobeNewswire” with publication date: March 04, 2019.

Verizon Communications Inc. (NYSE:VZ) Ratings Coverage

In total 5 analysts cover Verizon Communications (NYSE:VZ). “Buy” rating has 1, “Sell” are 0, while 4 are “Hold”. (NYSE:VZ) has 20% bullish analysts. With $65 highest and $53 lowest price target, Verizon Communications has $60 average price target or -1.04% below the current ($60.63) price. 8 are the (NYSE:VZ)’s ratings reports on 27 Mar 2019 according to StockzIntelligence Inc. On Wednesday, December 12 the rating was downgraded by Morgan Stanley to “Equal-Weight”. The stock rating was maintained by JP Morgan with “Overweight” on Wednesday, October 24. On Monday, March 18 the firm has “Hold” rating given by J.P. Morgan. On Wednesday, October 24 the rating was maintained by Barclays Capital with “Equal-Weight”. On Friday, February 22 the stock of Verizon Communications Inc. (NYSE:VZ) has “Buy” rating given by Wells Fargo. On Friday, February 22 the firm earned “Hold” rating by Morgan Stanley. On Monday, December 3 JP Morgan downgraded Verizon Communications Inc. (NYSE:VZ) rating. JP Morgan has “Neutral” rating and $62 target.

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

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