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Mimecast Limited (MIME) EPS Estimated At $-0.07; Institute For Wealth Management Has Trimmed Verizon Communications (VZ) Stake

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Analysts expect Mimecast Limited (NASDAQ:MIME) to report $-0.07 EPS on May, 8.They anticipate $0.02 EPS change or 40.00% from last quarter’s $-0.05 EPS. After having $-0.05 EPS previously, Mimecast Limited’s analysts see 40.00% EPS growth. The stock increased 0.86% or $0.32 during the last trading session, reaching $37.67. About 34,646 shares traded. Mimecast Limited (NASDAQ:MIME) has risen 63.99% since April 16, 2017 and is uptrending. It has outperformed by 52.44% the S&P500.

Institute For Wealth Management Llc decreased Verizon Communications Inc (VZ) stake by 20.28% reported in 2017Q4 SEC filing. Institute For Wealth Management Llc sold 7,798 shares as Verizon Communications Inc (VZ)’s stock declined 11.05%. The Institute For Wealth Management Llc holds 30,645 shares with $1.62 million value, down from 38,443 last quarter. Verizon Communications Inc now has $199.53 billion valuation. The stock increased 1.42% or $0.675 during the last trading session, reaching $48.335. About 4.69 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 16, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Among 9 analysts covering Mimecast (NASDAQ:MIME), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mimecast had 11 analyst reports since December 14, 2015 according to SRatingsIntel. The stock has “Buy” rating by Dougherty & Company on Friday, February 10. The firm has “Buy” rating given on Friday, November 4 by Dougherty & Company. The stock of Mimecast Limited (NASDAQ:MIME) has “Outperform” rating given on Tuesday, January 17 by Northland Capital. Oppenheimer initiated the stock with “Outperform” rating in Monday, December 14 report. RBC Capital Markets initiated the stock with “Outperform” rating in Monday, December 14 report. As per Friday, June 3, the company rating was initiated by Dougherty & Company. Jefferies initiated it with “Buy” rating and $18 target in Monday, December 14 report. The rating was initiated by JP Morgan with “Overweight” on Friday, October 14. Goldman Sachs initiated Mimecast Limited (NASDAQ:MIME) on Monday, December 14 with “Buy” rating. Barclays Capital initiated Mimecast Limited (NASDAQ:MIME) rating on Monday, December 14. Barclays Capital has “Overweight” rating and $13 target.

Mimecast Limited, a email and data security company, provides cloud security and risk management services for corporate information and email. The company has market cap of $2.18 billion. The firm offers Mimecast Email Security services, including targeted threat protection services, such as URL Protect that addresses the threat from emails containing malicious links; Attachment Protect that reduces threat from weaponized or malware-laden attachments used in spear-phishing and other attacks; Impersonation Protect that gives protection from malware-less social engineering attacks; and Internal Email Protect, which allows clients to monitor, detect, and remediate security threats that originate from within their internal email systems. It currently has negative earnings. The Company’s Mimecast Email Security services also comprise Secure Messaging for sharing sensitive information with external contacts through email; and Data Leak Prevention, which prevents the inadvertent or malicious loss of sensitive corporate data with advanced data leak prevention and content controls.

Among 29 analysts covering Verizon Communications Inc. (NYSE:VZ), 10 have Buy rating, 0 Sell and 19 Hold. Therefore 34% are positive. Verizon Communications Inc. had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Nomura to “Buy” on Tuesday, December 12. The company was maintained on Sunday, September 17 by RBC Capital Markets. On Wednesday, October 4 the stock rating was maintained by Robert W. Baird with “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) has “Market Perform” rating given on Thursday, April 7 by Bernstein. On Friday, July 7 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Hold” rating on Wednesday, December 6 by SunTrust. RBC Capital Markets maintained the stock with “Hold” rating in Monday, April 24 report. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, January 2. The company was initiated on Tuesday, April 5 by Macquarie Research. The rating was maintained by SunTrust on Tuesday, January 23 with “Hold”.

Institute For Wealth Management Llc increased Claymore Exchange Trd Fd Tr (GSY) stake by 17,351 shares to 54,280 valued at $2.72 million in 2017Q4. It also upped Ishares Tr (CMBS) stake by 27,320 shares and now owns 40,664 shares. Vanguard Index Fds (VOO) was raised too.

Since October 27, 2017, it had 0 insider purchases, and 2 sales for $376,615 activity. On Friday, October 27 SILLIMAN CRAIG L. sold $29,658 worth of Verizon Communications Inc. (NYSE:VZ) or 610 shares. The insider Skiadas Anthony T sold $346,957.

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.14, from 0.88 in 2017Q3. It is positive, 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. Pennsylvania Communication invested 0.95% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Asset Advsr Corporation invested in 0.18% or 20,735 shares. Flossbach Von Storch Ag invested in 0.65% or 1.28 million shares. Waldron LP owns 17,738 shares. Raymond James Fincl Services Advsr invested in 0.77% or 2.33 million shares. Proshare Advsrs Ltd Llc invested in 0.3% or 819,410 shares. First Corporation In holds 25,845 shares. Quantum Mngmt, California-based fund reported 20,178 shares. Cohen Lawrence B reported 2.5% in Verizon Communications Inc. (NYSE:VZ). Trexquant Investment Limited Partnership accumulated 0.4% or 68,754 shares. Reynders Mcveigh Cap Management Limited Liability Company has 52,611 shares. Cap One Natl Association holds 104,580 shares. Mckinley Carter Wealth Service reported 13,627 shares. Voya Mngmt Ltd Co has invested 0.25% in Verizon Communications Inc. (NYSE:VZ). Joel Isaacson & Ltd Liability Com holds 0.32% or 34,392 shares in its portfolio.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on April, 19. They expect $1.12 EPS, up 17.89% or $0.17 from last year’s $0.95 per share. VZ’s profit will be $4.62B for 10.79 P/E if the $1.12 EPS becomes a reality. After $0.86 actual EPS reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts 30.23% EPS growth.

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

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