Burns J W & Co Trimmed Stake in Cracker Barrel (CBRL) by $737,484; Kelly Lawrence W & Associates Has Upped Its Verizon Communications (VZ) Stake by $509,600 as Market Value Declined

January 17, 2018 - By Adrian Erickson

Kelly Lawrence W & Associates Inc increased its stake in Verizon Communications (VZ) by 76.89% based on its latest 2017Q3 regulatory filing with the SEC. Kelly Lawrence W & Associates Inc bought 10,400 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 23,925 shares of the telecommunications equipment company at the end of 2017Q3, valued at $1.18 million, up from 13,525 at the end of the previous reported quarter. Kelly Lawrence W & Associates Inc who had been investing in Verizon Communications for a number of months, seems to be bullish on the $209.74B market cap company. The stock decreased 0.47% or $0.245 during the last trading session, reaching $51.415. About 2.27 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 17, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Burns J W & Co Inc decreased its stake in Cracker Barrel (CBRL) by 47.53% based on its latest 2017Q3 regulatory filing with the SEC. Burns J W & Co Inc sold 4,884 shares as the company’s stock declined 5.74% while stock markets rallied. The institutional investor held 5,392 shares of the consumer services company at the end of 2017Q3, valued at $818,000, down from 10,276 at the end of the previous reported quarter. Burns J W & Co Inc who had been investing in Cracker Barrel for a number of months, seems to be less bullish one the $4.09 billion market cap company. The stock decreased 0.19% or $0.32 during the last trading session, reaching $170.63. About 55,295 shares traded. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has risen 11.16% since January 17, 2017 and is uptrending. It has underperformed by 5.54% the S&P500.

Analysts await Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) to report earnings on February, 20. They expect $2.20 earnings per share, up 0.46% or $0.01 from last year’s $2.19 per share. CBRL’s profit will be $52.79M for 19.39 P/E if the $2.20 EPS becomes a reality. After $1.92 actual earnings per share reported by Cracker Barrel Old Country Store, Inc. for the previous quarter, Wall Street now forecasts 14.58% EPS growth.

Among 10 analysts covering Cracker Barrel (NASDAQ:CBRL), 0 have Buy rating, 1 Sell and 9 Hold. Therefore 0 are positive. Cracker Barrel had 32 analyst reports since September 29, 2015 according to SRatingsIntel. The stock of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) earned “Market Perform” rating by Telsey Advisory Group on Tuesday, September 29. As per Monday, September 11, the company rating was maintained by Bank of America. The rating was initiated by Maxim Group on Wednesday, December 9 with “Buy”. The rating was upgraded by Longbow to “Buy” on Thursday, April 7. The company was downgraded on Tuesday, March 21 by Argus Research. Argus Research upgraded Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) on Thursday, December 1 to “Buy” rating. Telsey Advisory Group maintained Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) on Thursday, September 15 with “Market Perform” rating. The stock has “Buy” rating by Maxim Group on Thursday, September 15. The firm earned “Neutral” rating on Wednesday, February 24 by Suntrust Robinson. The stock has “Hold” rating by Maxim Group on Monday, November 28.

Investors sentiment decreased to 1.41 in 2017 Q3. Its down 0.11, from 1.52 in 2017Q2. It turned negative, as 30 investors sold CBRL shares while 74 reduced holdings. 40 funds opened positions while 107 raised stakes. 20.40 million shares or 3.38% more from 19.73 million shares in 2017Q2 were reported. Ing Groep Nv invested in 2,945 shares. Buckhead Capital Management Ltd Liability Co accumulated 8,468 shares or 0.28% of the stock. Bb&T Securities Lc holds 0.01% or 5,676 shares. First Citizens Fincl Bank reported 0.04% in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). Moody Bank Trust Division invested 0.02% in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). Menta Limited Co has 4,300 shares. 5,146 were accumulated by Sg Americas Secs. Strs Ohio owns 1,700 shares or 0% of their US portfolio. 135,529 were reported by Crawford Inv Counsel. Ameriprise Inc holds 0.06% of its portfolio in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) for 875,931 shares. Alps Inc has 3,170 shares for 0% of their portfolio. Brinker Capital reported 22,660 shares. Prudential Financial holds 16,460 shares or 0% of its portfolio. Hrt Financial Ltd Liability Corp holds 0.34% or 1,800 shares in its portfolio. Navellier & owns 3,330 shares or 0.1% of their US portfolio.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. The Texas-based Beck Capital Management Limited Co has invested 0.11% in Verizon Communications Inc. (NYSE:VZ). Skba Capital Mngmt Limited Liability Com invested in 128,200 shares or 0.91% of the stock. Torch Wealth Ltd Liability Co holds 0.83% or 25,562 shares. Cornerstone Invest Prns Limited Com invested 1.99% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Umb Bankshares N A Mo accumulated 441,842 shares. Meritage Portfolio Mngmt reported 81,526 shares. Appleton Prtn Inc Ma has invested 0.95% in Verizon Communications Inc. (NYSE:VZ). Stewart West Indies Trading reported 1.25% stake. Reliance Of Delaware has 80,163 shares. Lazard Asset Lc invested in 334,977 shares. Moors Cabot invested 1.4% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Willis Investment Counsel holds 348,810 shares. Moreover, Davidson Investment Advsr has 0.02% invested in Verizon Communications Inc. (NYSE:VZ). Cobblestone Advisors Limited Liability Co stated it has 0.13% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Athena Cap Advisors Limited Com has 0.07% invested in Verizon Communications Inc. (NYSE:VZ) for 5,221 shares.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 6 have Buy rating, 0 Sell and 20 Hold. Therefore 23% are positive. Verizon Communications Inc. had 64 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) rating on Friday, May 26. RBC Capital Markets has “Hold” rating and $48 target. Cowen & Co maintained it with “Hold” rating and $5200 target in Friday, July 28 report. The stock has “Hold” rating by SunTrust on Wednesday, December 6. The company was maintained on Thursday, April 13 by Barclays Capital. The stock of Verizon Communications Inc. (NYSE:VZ) has “Perform” rating given on Wednesday, July 20 by Oppenheimer. The rating was maintained by Barclays Capital on Monday, April 18 with “Equal-Weight”. The rating was downgraded by Jefferies to “Hold” on Thursday, April 7. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Wednesday, October 4 by Robert W. Baird. The stock has “Hold” rating by Cowen & Co on Monday, September 18. Citigroup maintained the stock with “Neutral” rating in Wednesday, October 21 report.

Since August 28, 2017, it had 0 insider buys, and 3 sales for $89,365 activity.

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