Investors bought shares of Verizon Communications Inc. (NYSE:VZ) on weakness during trading on Monday. $221.80 million flowed into the stock on the tick-up and $119.70 million flowed out of the stock on the tick-down, for a money net flow of $102.10 million into the stock. Of all stocks tracked, Verizon Communications had the 3rd highest net in-flow for the day. Verizon Communications traded down ($0.25) for the day and closed at $51.86

A number of equities research analysts have weighed in on the stock. HSBC downgraded shares of Verizon Communications from a “buy” rating to a “hold” rating and decreased their price target for the stock from $54.83 to $42.80 in a research note on Thursday, December 14th. They noted that the move was a valuation call. Bank of America set a $52.00 price target on shares of Verizon Communications and gave the stock a “buy” rating in a research note on Friday, October 20th. Robert W. Baird reiterated a “hold” rating and set a $49.00 price target on shares of Verizon Communications in a research note on Wednesday, October 4th. ValuEngine upgraded shares of Verizon Communications from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, KeyCorp reiterated a “hold” rating on shares of Verizon Communications in a research note on Saturday, October 21st. Two analysts have rated the stock with a sell rating, nineteen have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $51.98.

The company has a debt-to-equity ratio of 4.05, a quick ratio of 1.02 and a current ratio of 1.07. The company has a market cap of $210,740.00, a P/E ratio of 13.25, a P/E/G ratio of 4.68 and a beta of 0.57.

Verizon Communications (NYSE:VZ) last issued its earnings results on Thursday, October 19th. The cell phone carrier reported $0.98 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.98. Verizon Communications had a net margin of 12.80% and a return on equity of 58.66%. The company had revenue of $31.70 billion for the quarter, compared to the consensus estimate of $31.45 billion. During the same quarter in the previous year, the company earned $1.01 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. sell-side analysts forecast that Verizon Communications Inc. will post 3.77 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Wednesday, January 10th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $2.36 annualized dividend and a yield of 4.57%. Verizon Communications’s dividend payout ratio (DPR) is 60.51%.

In related news, EVP Craig L. Silliman sold 610 shares of the company’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $48.62, for a total transaction of $29,658.20. Following the transaction, the executive vice president now owns 5,989 shares in the company, valued at approximately $291,185.18. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of VZ. Capital Research Global Investors lifted its position in Verizon Communications by 15.1% during the 2nd quarter. Capital Research Global Investors now owns 153,408,016 shares of the cell phone carrier’s stock worth $6,851,202,000 after buying an additional 20,070,391 shares in the last quarter. FMR LLC lifted its position in Verizon Communications by 15.0% during the 2nd quarter. FMR LLC now owns 61,833,096 shares of the cell phone carrier’s stock worth $2,761,466,000 after buying an additional 8,077,275 shares in the last quarter. Vanguard Group Inc. lifted its position in Verizon Communications by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 282,894,542 shares of the cell phone carrier’s stock worth $12,634,070,000 after buying an additional 5,837,702 shares in the last quarter. Stifel Financial Corp raised its holdings in Verizon Communications by 7,639.8% during the 3rd quarter. Stifel Financial Corp now owns 3,877,541 shares of the cell phone carrier’s stock worth $191,847,000 after purchasing an additional 3,827,442 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in Verizon Communications by 19.9% during the 2nd quarter. Franklin Resources Inc. now owns 21,820,729 shares of the cell phone carrier’s stock worth $974,515,000 after purchasing an additional 3,623,182 shares during the last quarter. Institutional investors and hedge funds own 63.22% of the company’s stock.

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Verizon Communications Company Profile

Verizon Communications Inc is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States.

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