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Ar Asset Management Has Lowered Verizon (VZ) Holding by $318,552 as Share Value Declined; Dycom Inds (DY) Holder Sg Capital Management Lowered Its Position as Stock Price Declined

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Ken Grossman decreased its stake in Dycom Inds Inc (DY) by 38.7% based on its latest 2017Q4 regulatory filing with the SEC. Sg Capital Management Llc sold 71,756 shares as the company’s stock declined 9.19% with the market. The hedge fund run by Ken Grossman held 113,674 shares of the basic industries company at the end of 2017Q4, valued at $12.67 million, down from 185,430 at the end of the previous reported quarter. Sg Capital Management Llc who had been investing in Dycom Inds Inc for a number of months, seems to be less bullish one the $3.41B market cap company. The stock increased 2.05% or $2.2 during the last trading session, reaching $109.28. About 171,094 shares traded. Dycom Industries, Inc. (NYSE:DY) has risen 13.44% since April 17, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Ar Asset Management Inc decreased its stake in Verizon (VZ) by 19.31% based on its latest 2017Q4 regulatory filing with the SEC. Ar Asset Management Inc sold 6,126 shares as the company’s stock declined 11.05% with the market. The institutional investor held 25,592 shares of the telecommunications equipment company at the end of 2017Q4, valued at $1.36 million, down from 31,718 at the end of the previous reported quarter. Ar Asset Management Inc who had been investing in Verizon for a number of months, seems to be less bullish one the $201.94B market cap company. The stock increased 1.10% or $0.53 during the last trading session, reaching $48.92. About 5.28M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 17, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.14, from 0.88 in 2017Q3. It improved, 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. Benchmark Capital owns 6,349 shares for 0.26% of their portfolio. Blackrock accumulated 265.90 million shares. Quantum Mngmt holds 20,178 shares or 0.26% of its portfolio. Twin Cap owns 0.76% invested in Verizon Communications Inc. (NYSE:VZ) for 292,450 shares. Rdl Finance Inc reported 1.64% of its portfolio in Verizon Communications Inc. (NYSE:VZ). 85,389 were accumulated by Holderness Investments. 5,066 were accumulated by Banced Corp. Stonehearth Cap Mgmt Limited Liability, a Massachusetts-based fund reported 6,668 shares. Matrix Asset Advsr New York invested 1.56% in Verizon Communications Inc. (NYSE:VZ). Commonwealth Bank & Trust Of Australia owns 581,150 shares for 0.3% of their portfolio. High Pointe Mgmt Ltd Liability Corporation invested 1.27% in Verizon Communications Inc. (NYSE:VZ). Conning Incorporated holds 861,318 shares. Mcrae Capital Mgmt Inc holds 0.23% in Verizon Communications Inc. (NYSE:VZ) or 10,119 shares. Cibc Ww, a Ontario – Canada-based fund reported 1.23 million shares. 248,817 were accumulated by North Star Asset Mngmt.

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. HSBC upgraded the shares of VZ in report on Wednesday, March 28 to “Buy” rating. Robert W. Baird maintained the shares of VZ in report on Wednesday, October 4 with “Hold” rating. The firm has “Hold” rating given on Thursday, July 27 by Oppenheimer. Bernstein downgraded Verizon Communications Inc. (NYSE:VZ) rating on Thursday, April 7. Bernstein has “Market Perform” rating and $55 target. The firm has “Hold” rating given on Friday, August 14 by Zacks. The firm has “Mkt Perform” rating by Raymond James given on Wednesday, January 25. On Wednesday, January 24 the stock rating was maintained by Robert W. Baird with “Hold”. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) rating on Monday, July 31. RBC Capital Markets has “Sector Perform” rating and $50 target. On Thursday, August 10 the stock rating was maintained by Oppenheimer with “Hold”. The firm has “Hold” rating by Zacks given on Monday, September 7.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on April, 24 before the open. They expect $1.11 earnings per share, up 16.84% or $0.16 from last year’s $0.95 per share. VZ’s profit will be $4.58 billion for 11.02 P/E if the $1.11 EPS becomes a reality. After $0.86 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts 29.07% EPS growth.

Since October 27, 2017, it had 0 insider purchases, and 2 sales for $376,615 activity. Shares for $29,658 were sold by SILLIMAN CRAIG L. on Friday, October 27.

Ar Asset Management Inc, which manages about $494.99 million and $259.74 million US Long portfolio, upped its stake in At&T Inc. (NYSE:T) by 49,700 shares to 109,138 shares, valued at $4.24M in 2017Q4, according to the filing.

Among 10 analysts covering Dycom (NYSE:DY), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Dycom had 36 analyst reports since August 27, 2015 according to SRatingsIntel. Canaccord Genuity maintained Dycom Industries, Inc. (NYSE:DY) rating on Tuesday, February 13. Canaccord Genuity has “Buy” rating and $125 target. Canaccord Genuity maintained the shares of DY in report on Wednesday, August 30 with “Buy” rating. KeyBanc Capital Markets maintained it with “Buy” rating and $118.0 target in Wednesday, December 20 report. The rating was maintained by B. Riley & Co on Thursday, March 1 with “Buy”. The stock of Dycom Industries, Inc. (NYSE:DY) earned “Buy” rating by Canaccord Genuity on Wednesday, May 11. The firm has “Outperform” rating given on Tuesday, November 22 by FBR Capital. FBR Capital maintained the shares of DY in report on Thursday, August 27 with “Outperform” rating. The stock has “Outperform” rating by FBR Capital on Thursday, August 25. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, May 25. DA Davidson downgraded the stock to “Neutral” rating in Thursday, March 2 report.

Since March 7, 2018, it had 0 insider purchases, and 1 sale for $284,044 activity.

Analysts await Dycom Industries, Inc. (NYSE:DY) to report earnings on May, 23. They expect $0.69 earnings per share, down 46.92% or $0.61 from last year’s $1.3 per share. DY’s profit will be $21.52M for 39.59 P/E if the $0.69 EPS becomes a reality. After $0.12 actual earnings per share reported by Dycom Industries, Inc. for the previous quarter, Wall Street now forecasts 475.00% EPS growth.

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.01, from 1 in 2017Q3. It increased, as 34 investors sold DY shares while 109 reduced holdings. 55 funds opened positions while 89 raised stakes. 29.64 million shares or 4.71% less from 31.11 million shares in 2017Q3 were reported. Guggenheim Ltd Liability Company holds 158,055 shares. Savings Bank Of Mellon accumulated 342,510 shares. J Goldman And Lp holds 156,669 shares or 0.95% of its portfolio. The New York-based Daruma Capital Mngmt Lc has invested 0.3% in Dycom Industries, Inc. (NYSE:DY). Maine-based Schroder Mgmt Grp has invested 0.09% in Dycom Industries, Inc. (NYSE:DY). Ahl Prns Llp invested 0.07% of its portfolio in Dycom Industries, Inc. (NYSE:DY). Sg Americas Securities Ltd Liability Company has 13,457 shares. 12Th Street Asset Mngmt Limited reported 365,287 shares stake. Emerald Advisers Pa reported 1.18% in Dycom Industries, Inc. (NYSE:DY). Pier Cap Limited Liability owns 54,983 shares. New Mexico Educational Retirement Board reported 7,700 shares or 0.03% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. Nomura has 37,251 shares for 0.01% of their portfolio. Pennant Mgmt invested in 3.77% or 373,438 shares. Brinker Cap stated it has 0.03% in Dycom Industries, Inc. (NYSE:DY).

Dycom Industries, Inc. (NYSE:DY) Institutional Positions Chart

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