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Verizon Communications (VZ) Stake Held by Commonwealth Of Pennsylvania Public School Empls Retrmt Sys; Wedge Capital Management L LP Trimmed Stake in Principal Financial Group (PFG) by $2.18 Million as Share Value Declined

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Commonwealth Of Pennsylvania Public School Empls Retrmt Sys increased its stake in Verizon Communications Inc (VZ) by 9.99% based on its latest 2017Q4 regulatory filing with the SEC. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys bought 33,129 shares as the company’s stock declined 11.05% with the market. The institutional investor held 364,891 shares of the telecommunications equipment company at the end of 2017Q4, valued at $19.31 million, up from 331,762 at the end of the previous reported quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $205.04 billion market cap company. The stock increased 2.08% or $1.01 during the last trading session, reaching $49.67. About 20.92 million shares traded or 25.58% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 26, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Wedge Capital Management L LP decreased its stake in Principal Financial Group Inc. (PFG) by 6.2% based on its latest 2017Q4 regulatory filing with the SEC. Wedge Capital Management L LP sold 31,079 shares as the company’s stock declined 17.50% with the market. The institutional investor held 469,952 shares of the accident &health insurance company at the end of 2017Q4, valued at $33.16 million, down from 501,031 at the end of the previous reported quarter. Wedge Capital Management L LP who had been investing in Principal Financial Group Inc. for a number of months, seems to be less bullish one the $17.58 billion market cap company. The stock increased 0.05% or $0.03 during the last trading session, reaching $61.08. About 926,265 shares traded. Principal Financial Group, Inc. (NYSE:PFG) has declined 5.35% since April 26, 2017 and is downtrending. It has underperformed by 16.90% the S&P500.

Wedge Capital Management L L P, which manages about $10.84B and $11.15 billion US Long portfolio, upped its stake in Genesee & Wyoming Inc. Class A (NYSE:GWR) by 19,863 shares to 445,599 shares, valued at $35.08 million in 2017Q4, according to the filing. It also increased its holding in Great Western Bancorp Inc. (NYSE:GWB) by 46,614 shares in the quarter, for a total of 1.10M shares, and has risen its stake in Oil States International Inc. (NYSE:OIS).

Among 18 analysts covering Principal Financial Group Inc. (NYSE:PFG), 5 have Buy rating, 0 Sell and 13 Hold. Therefore 28% are positive. Principal Financial Group Inc. had 49 analyst reports since August 18, 2015 according to SRatingsIntel. As per Friday, April 7, the company rating was maintained by Wood. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, April 5. Barclays Capital maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Friday, August 11. Barclays Capital has “Equal-Weight” rating and $63 target. RBC Capital Markets maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Tuesday, February 2. RBC Capital Markets has “Outperform” rating and $52 target. RBC Capital Markets maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Tuesday, January 30. RBC Capital Markets has “Buy” rating and $78.0 target. The firm has “Equal Weight” rating by Barclays Capital given on Friday, July 29. Morgan Stanley maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Tuesday, January 30. Morgan Stanley has “Equal-Weight” rating and $79 target. Wells Fargo maintained the shares of PFG in report on Thursday, July 27 with “Buy” rating. RBC Capital Markets maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Monday, July 10. RBC Capital Markets has “Buy” rating and $7300 target. KBW downgraded the stock to “Market Perform” rating in Tuesday, August 18 report.

Since December 14, 2017, it had 0 buys, and 5 sales for $13.31 million activity. $1.74M worth of Principal Financial Group, Inc. (NASDAQ:PFG) shares were sold by SCHOLTEN GARY P. Valdes Luis E. sold $1.77M worth of stock or 27,662 shares.

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.21, from 1.18 in 2017Q3. It is positive, as 28 investors sold PFG shares while 150 reduced holdings. 75 funds opened positions while 172 raised stakes. 196.66 million shares or 1.15% more from 194.42 million shares in 2017Q3 were reported. Moreover, Creative Planning has 0% invested in Principal Financial Group, Inc. (NASDAQ:PFG). Arete Wealth Advsrs Limited stated it has 0.12% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG). Cornerstone Inc owns 520 shares for 0.02% of their portfolio. 182,693 were reported by Federated Pa. 7,252 are held by Suntrust Banks. Exxonmobil Inv Mngmt Tx invested in 0.08% or 42,699 shares. Vantage Investment Lc accumulated 193 shares. Parallax Volatility Advisers Lp owns 7,196 shares for 0% of their portfolio. American Insurance Company Tx invested in 198,480 shares or 0.7% of the stock. Davidson Inv owns 152,360 shares or 1.12% of their US portfolio. Beacon Fin Grp Inc stated it has 68,839 shares or 0.85% of all its holdings. Gradient Investments Ltd Limited Liability Company invested in 1,025 shares. Capital One Association holds 21,619 shares. Advisors Asset Mngmt Inc owns 55,547 shares. Neuberger Berman Ltd accumulated 23,701 shares.

Commonwealth Of Pennsylvania Public School Empls Retrmt Sys, which manages about $7.30B US Long portfolio, decreased its stake in Boardwalk Pipeline Partners (NYSE:BWP) by 56,736 shares to 1.79M shares, valued at $23.12M in 2017Q4, according to the filing. It also reduced its holding in Baidu Inc (NASDAQ:BIDU) by 15,132 shares in the quarter, leaving it with 90,974 shares, and cut its stake in Nustar Gp Holdings Llc (NYSE:NSH).

Among 30 analysts covering Verizon Communications Inc. (NYSE:VZ), 13 have Buy rating, 0 Sell and 17 Hold. Therefore 43% are positive. Verizon Communications Inc. had 82 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Sector Outperform” rating by Howard Weil on Monday, January 22. The stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given on Thursday, February 4 by DA Davidson. Jefferies maintained Verizon Communications Inc. (NYSE:VZ) on Wednesday, April 25 with “Hold” rating. The firm earned “Market Perform” rating on Monday, January 23 by Wells Fargo. The firm earned “Neutral” rating on Monday, March 14 by Citigroup. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) rating on Tuesday, July 18. Cowen & Co has “Hold” rating and $4900 target. RBC Capital Markets downgraded Verizon Communications Inc. (NYSE:VZ) on Wednesday, January 25 to “Sector Perform” rating. Zacks upgraded the shares of VZ in report on Friday, August 14 to “Hold” rating. 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 Thursday, August 10 by Oppenheimer.

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

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