Sfmg Cut Holding in Verizon Communications (VZ) by $1.14 Million as Market Valuation Declined; American Capital Management Increases Position in Acxiom (ACXM)

January 14, 2018 - By Adrian Erickson

Sfmg Llc decreased its stake in Verizon Communications Inc (VZ) by 60.65% based on its latest 2017Q3 regulatory filing with the SEC. Sfmg Llc sold 23,336 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 15,138 shares of the telecommunications equipment company at the end of 2017Q3, valued at $749,000, down from 38,474 at the end of the previous reported quarter. Sfmg Llc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $211.56B market cap company. The stock decreased 0.48% or $0.25 during the last trading session, reaching $51.86. About 17.67 million shares traded or 5.69% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 14, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

American Capital Management Inc increased its stake in Acxiom (ACXM) by 15.85% based on its latest 2017Q3 regulatory filing with the SEC. American Capital Management Inc bought 63,000 shares as the company’s stock declined 11.99% while stock markets rallied. The institutional investor held 460,500 shares of the edp services company at the end of 2017Q3, valued at $11.35M, up from 397,500 at the end of the previous reported quarter. American Capital Management Inc who had been investing in Acxiom for a number of months, seems to be bullish on the $2.23 billion market cap company. The stock increased 0.14% or $0.04 during the last trading session, reaching $28.13. About 222,611 shares traded. Acxiom Corporation (NASDAQ:ACXM) has risen 34.36% since January 14, 2017 and is uptrending. It has outperformed by 17.66% the S&P500.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on January, 23. They expect $0.88 earnings per share, up 2.33% or $0.02 from last year’s $0.86 per share. VZ’s profit will be $3.59B for 14.73 P/E if the $0.88 EPS becomes a reality. After $0.98 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -10.20% negative EPS growth.

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

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It has no 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. Wunderlich Cap Managemnt owns 20,959 shares. 12,369 were reported by Grandfield Dodd Limited Liability Company. Payden Rygel reported 375,600 shares. Pacific Glob Inv Management Communications has 24,818 shares. Marshall Wace Llp accumulated 25,303 shares. Webster Bancshares N A holds 91,352 shares or 0.66% of its portfolio. Azimuth Cap Mgmt Ltd Llc holds 1.01% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 273,080 shares. Rowland & Counsel Adv has 0.13% invested in Verizon Communications Inc. (NYSE:VZ). Moreover, Mount Vernon Associates Md has 1.85% invested in Verizon Communications Inc. (NYSE:VZ) for 22,573 shares. 45,978 were accumulated by Dorsey Whitney Limited Liability Company. Aimz Investment Limited Liability reported 0.27% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Affinity Inv Ltd Com reported 132,460 shares. Numeric Limited Liability Corporation reported 1.92M shares or 0.73% of all its holdings. 11,453 were accumulated by Aureus Asset Mgmt Llc. 235,982 were reported by Cullen Frost Bankers.

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 63 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by Oppenheimer on Thursday, July 27. Bernstein downgraded Verizon Communications Inc. (NYSE:VZ) rating on Thursday, April 7. Bernstein has “Market Perform” rating and $55 target. Moffett Nathanson upgraded the stock to “Buy” rating in Tuesday, February 21 report. The firm has “Hold” rating given on Friday, May 26 by RBC Capital Markets. SunTrust maintained it with “Hold” rating and $50.0 target in Friday, October 20 report. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, September 30. RBC Capital Markets has “Outperform” rating and $48 target. The stock of Verizon Communications Inc. (NYSE:VZ) has “Sector Perform” rating given on Monday, July 31 by RBC Capital Markets. The rating was maintained by Bank of America with “Buy” on Friday, October 20. Cowen & Co maintained the stock with “Hold” rating in Monday, September 18 report. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by Citigroup on Tuesday, January 3.

Sfmg Llc, which manages about $718.46M and $511.60 million US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 17,748 shares to 48,102 shares, valued at $1.88 million in 2017Q3, according to the filing. It also increased its holding in Spdr S&P 500 Etf Tr (SPY) by 3,311 shares in the quarter, for a total of 128,747 shares, and has risen its stake in Magellan Midstream Prtnrs Lp (NYSE:MMP).

Among 5 analysts covering Acxiom Corporation (NASDAQ:ACXM), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Acxiom Corporation had 16 analyst reports since August 7, 2015 according to SRatingsIntel. As per Friday, August 5, the company rating was maintained by Dougherty & Company. BMO Capital Markets maintained Acxiom Corporation (NASDAQ:ACXM) rating on Friday, February 5. BMO Capital Markets has “Market Perform” rating and $23 target. On Friday, September 22 the stock rating was maintained by Cantor Fitzgerald with “Buy”. Cantor Fitzgerald maintained Acxiom Corporation (NASDAQ:ACXM) on Wednesday, June 14 with “Buy” rating. BMO Capital Markets maintained it with “Buy” rating and $32.0 target in Monday, October 16 report. BMO Capital Markets maintained Acxiom Corporation (NASDAQ:ACXM) rating on Thursday, July 13. BMO Capital Markets has “Buy” rating and $3200 target. The firm has “Buy” rating by BMO Capital Markets given on Monday, September 11. BMO Capital Markets upgraded the shares of ACXM in report on Friday, August 5 to “Outperform” rating. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, September 15. First Analysis downgraded the stock to “Equal-Weight” rating in Friday, November 18 report.

Investors sentiment increased to 1.55 in Q3 2017. Its up 0.11, from 1.44 in 2017Q2. It increased, as 23 investors sold ACXM shares while 43 reduced holdings. 26 funds opened positions while 76 raised stakes. 72.72 million shares or 3.59% more from 70.20 million shares in 2017Q2 were reported. Arkansas-based Lathrop Inv Mgmt Corporation has invested 0.06% in Acxiom Corporation (NASDAQ:ACXM). Granite Inv Partners Limited has 728,750 shares for 1.12% of their portfolio. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma holds 0% or 54 shares. Nicholas Invest Ptnrs Lp invested in 0.31% or 179,845 shares. Geode Capital Limited Company holds 0.01% or 693,963 shares in its portfolio. Moreover, Cramer Rosenthal Mcglynn Ltd Com has 0.25% invested in Acxiom Corporation (NASDAQ:ACXM). Renaissance Technology Limited owns 0.02% invested in Acxiom Corporation (NASDAQ:ACXM) for 570,745 shares. Comerica Bancorporation stated it has 0.01% of its portfolio in Acxiom Corporation (NASDAQ:ACXM). Jupiter Asset Management owns 185,455 shares. Millennium Ltd Liability Com accumulated 57,150 shares. Tiaa Cref Investment Management Limited Liability Company, New York-based fund reported 208,887 shares. Wisconsin-based Mason Street Limited Co has invested 0.02% in Acxiom Corporation (NASDAQ:ACXM). Fincl Bank Of America Corporation De has 880,893 shares for 0% of their portfolio. Arrowmark Colorado Lc owns 0.11% invested in Acxiom Corporation (NASDAQ:ACXM) for 401,645 shares. Fincl Bank Of Montreal Can holds 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM) for 12,154 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Twitter Auto Publish Powered By : XYZScripts.com