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Verizon Communications (VZ) Shareholder Webster Bank Has Cut Its Stake by $1.11 Million as Valuation Declined; As Oracle Corp. (ORCL) Shares Declined, Shareholder Foyston Gordon & Payne Cut Holding by $1.66 Million

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Foyston Gordon & Payne Inc decreased its stake in Oracle Corp. (ORCL) by 6.58% based on its latest 2017Q4 regulatory filing with the SEC. Foyston Gordon & Payne Inc sold 35,335 shares as the company’s stock declined 4.18% with the market. The institutional investor held 501,831 shares of the prepackaged software company at the end of 2017Q4, valued at $23.73M, down from 537,166 at the end of the previous reported quarter. Foyston Gordon & Payne Inc who had been investing in Oracle Corp. for a number of months, seems to be less bullish one the $188.73B market cap company. The stock decreased 1.26% or $0.59 during the last trading session, reaching $46.23. About 15.68M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 23, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Webster Bank decreased its stake in Verizon Communications Inc (VZ) by 23.27% based on its latest 2017Q4 regulatory filing with the SEC. Webster Bank sold 21,262 shares as the company’s stock declined 11.05% with the market. The institutional investor held 70,090 shares of the telecommunications equipment company at the end of 2017Q4, valued at $3.71M, down from 91,352 at the end of the previous reported quarter. Webster Bank who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $197.73 billion market cap company. The stock decreased 1.09% or $0.53 during the last trading session, reaching $47.9. About 18.22M shares traded or 7.40% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 23, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

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 stock has “Outperform” rating by Wells Fargo on Monday, November 20. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Monday, September 7 by Zacks. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, July 31. The rating was maintained by Cowen & Co with “Hold” on Friday, July 28. The stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given on Wednesday, July 27 by Hilliard Lyons. The rating was downgraded by FBR Capital to “Mkt Perform” on Wednesday, January 25. The firm earned “Hold” rating on Sunday, September 17 by RBC Capital Markets. The rating was maintained by Robert W. Baird on Wednesday, October 4 with “Hold”. As per Friday, October 20, the company rating was maintained by RBC Capital Markets. Jefferies downgraded Verizon Communications Inc. (NYSE:VZ) on Thursday, April 7 to “Hold” rating.

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. Arete Wealth Advisors has 15,236 shares. Bahl And Gaynor Inc holds 0.05% in Verizon Communications Inc. (NYSE:VZ) or 90,415 shares. Ohio-based Macnealy Hoover Invest Management Incorporated has invested 0.62% in Verizon Communications Inc. (NYSE:VZ). Envestnet Asset Mgmt accumulated 1.07 million shares or 0.13% of the stock. Hanson And Doremus Inv Management owns 94,356 shares or 1.66% of their US portfolio. Connecticut-based Amg Funds Ltd Liability Com has invested 1.1% in Verizon Communications Inc. (NYSE:VZ). Birmingham Mngmt Communication Al reported 21,721 shares or 0.44% of all its holdings. Cognios Ltd Limited Liability Company owns 37,574 shares for 0.75% of their portfolio. Assets Mgmt Lc, California-based fund reported 140,000 shares. Norris Perne French Ltd Liability Partnership Mi has invested 0.09% in Verizon Communications Inc. (NYSE:VZ). Trustmark Savings Bank Trust Department stated it has 96,092 shares. M Kraus reported 0.13% stake. Asset Advisors, a Georgia-based fund reported 20,735 shares. Dubuque Savings Bank accumulated 42,901 shares. The Massachusetts-based Amer Invest Serv has invested 9.11% in Verizon Communications Inc. (NYSE:VZ).

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on April, 24 before the open. They expect $1.11 EPS, up 16.84% or $0.16 from last year’s $0.95 per share. VZ’s profit will be $4.58B for 10.79 P/E if the $1.11 EPS becomes a reality. After $0.86 actual EPS reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts 29.07% EPS growth.

Webster Bank, which manages about $727.07 million US Long portfolio, upped its stake in Visa Inc (NYSE:V) by 3,297 shares to 48,076 shares, valued at $5.48 million in 2017Q4, according to the filing. It also increased its holding in Oracle Corp (NYSE:ORCL) by 23,518 shares in the quarter, for a total of 124,005 shares, and has risen its stake in Xpo Logistics Inc (NYSE:XPO).

Since October 27, 2017, it had 0 insider purchases, and 2 selling transactions for $376,615 activity. $29,658 worth of Verizon Communications Inc. (NYSE:VZ) was sold by SILLIMAN CRAIG L. on Friday, October 27.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on June, 20. They expect $0.86 earnings per share, up 4.88% or $0.04 from last year’s $0.82 per share. ORCL’s profit will be $3.51 billion for 13.44 P/E if the $0.86 EPS becomes a reality. After $0.75 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 14.67% EPS growth.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It is positive, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. Thompson Rubinstein Invest Mngmt Incorporated Or reported 7,900 shares. Clarivest Asset Mgmt Ltd holds 4,555 shares or 0% of its portfolio. Finemark Commercial Bank And Tru accumulated 64,623 shares. Kidder Stephen W accumulated 73,925 shares. Foster And Motley invested in 1.6% or 212,103 shares. Caxton Associate Lp reported 12,523 shares. 12,004 are held by Autus Asset Limited Company. Stevens Cap Mngmt LP has invested 0.63% of its portfolio in Oracle Corporation (NYSE:ORCL). Moreover, Barr E S & Co has 0.02% invested in Oracle Corporation (NYSE:ORCL) for 4,250 shares. Ferguson Wellman Cap Mgmt Incorporated reported 6,576 shares stake. 5,300 are held by Miles Capital Inc. Boston Research & Mgmt Inc holds 0.23% or 9,510 shares. Brahman reported 1.72M shares stake. Alpine Woods Invsts Ltd Limited Liability Company accumulated 37,000 shares. Parkwood Ltd Liability holds 83,999 shares or 0.54% of its portfolio.

Foyston Gordon & Payne Inc, which manages about $12.34B and $525.72 million US Long portfolio, upped its stake in Gentex Corp. (NASDAQ:GNTX) by 158,778 shares to 764,279 shares, valued at $16.01M in 2017Q4, according to the filing. It also increased its holding in Apache Corp. (NYSE:APA) by 10,919 shares in the quarter, for a total of 130,158 shares, and has risen its stake in Cisco Systems Inc. (NASDAQ:CSCO).

Among 42 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 15 Hold. Therefore 64% are positive. Oracle had 115 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Friday, June 17. As per Friday, September 15, the company rating was maintained by William Blair. The firm has “Buy” rating given on Monday, July 24 by Stifel Nicolaus. Credit Suisse maintained it with “Buy” rating and $62.0 target in Thursday, October 12 report. The firm has “Outperform” rating by RBC Capital Markets given on Friday, September 30. On Friday, December 15 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was downgraded by KeyBanc Capital Markets on Tuesday, March 20 to “Sector Weight”. Morgan Stanley upgraded Oracle Corporation (NYSE:ORCL) on Wednesday, January 3 to “Overweight” rating. The firm earned “Buy” rating on Thursday, February 15 by Piper Jaffray. The firm has “Buy” rating given on Thursday, July 14 by BTIG Research.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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