Market News

Gabelli Securities Has Decreased Its Gamco Investors Com (GBL) Stake; Willis Investment Counsel Has Lifted Its Verizon Communications Com (VZ) Stake

GAMCO Investors, Inc. (NYSE:GBL) Logo

Gabelli Securities Inc decreased Gamco Investors Inc Com (GBL) stake by 50.08% reported in 2017Q4 SEC filing. Gabelli Securities Inc sold 2.20 million shares as Gamco Investors Inc Com (GBL)’s stock declined 16.37%. The Gabelli Securities Inc holds 2.19M shares with $65.02 million value, down from 4.39M last quarter. Gamco Investors Inc Com now has $762.82M valuation. The stock increased 0.61% or $0.16 during the last trading session, reaching $26.48. About 1,395 shares traded. GAMCO Investors, Inc. (NYSE:GBL) has declined 14.18% since May 17, 2017 and is downtrending. It has underperformed by 25.73% the S&P500.

Willis Investment Counsel increased Verizon Communications Com (VZ) stake by 20.07% reported in 2017Q4 SEC filing. Willis Investment Counsel acquired 69,992 shares as Verizon Communications Com (VZ)’s stock declined 11.05%. The Willis Investment Counsel holds 418,802 shares with $22.17M value, up from 348,810 last quarter. Verizon Communications Com now has $197.84B valuation. The stock increased 0.04% or $0.02 during the last trading session, reaching $47.88. About 1.77 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since May 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. Proshare Advisors Ltd Liability Company stated it has 819,410 shares. Amer National Bank stated it has 1.81% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Ccm Inv Advisers Limited Liability Com holds 0.14% or 13,956 shares. Moreover, Diligent Invsts Ltd has 0.21% invested in Verizon Communications Inc. (NYSE:VZ). Salem Management Inc holds 2.2% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 81,675 shares. Lombard Odier Asset (Europe) has invested 0.15% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Ariel Investments Limited Co has invested 0.48% in Verizon Communications Inc. (NYSE:VZ). Cutter And Brokerage Incorporated owns 19,004 shares or 0.41% of their US portfolio. 89,945 were reported by Putnam Fl Inv Mngmt Co. West Oak Capital Ltd Co has 35,322 shares for 1.15% of their portfolio. Whittier Trust invested 0.53% in Verizon Communications Inc. (NYSE:VZ). Aldebaran Fincl Inc stated it has 1.69% in Verizon Communications Inc. (NYSE:VZ). Mcdaniel Terry accumulated 0.05% or 4,884 shares. Moreover, Bowling Port Ltd Limited Liability Company has 0.49% invested in Verizon Communications Inc. (NYSE:VZ) for 70,006 shares. Hillsdale Mngmt has 15,125 shares.

Since February 13, 2018, it had 0 insider buys, and 2 sales for $444,552 activity. $97,595 worth of stock was sold by Skiadas Anthony T on Tuesday, May 1.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Verizon to speak at JP Morgan conference May 16” on May 15, 2018, also Seekingalpha.com with their article: “Verizon CEO: No interest in linear content” published on May 15, 2018, Globenewswire.com published: “Verizon to repurchase debt securities” on May 11, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Benzinga.com and their article: “JPMorgan: Verizon On ‘Stable Footing’ As 5G Opportunity Crystallizes” published on May 11, 2018 as well as Fool.com‘s news article titled: “Verizon Aims to Be Much More Than a Phone Company” with publication date: May 10, 2018.

Willis Investment Counsel decreased Intl Flavors & Fragrance (NYSE:IFF) stake by 10,425 shares to 46,878 valued at $7.15M in 2017Q4. It also reduced Hasbro Inc (NASDAQ:HAS) stake by 32,600 shares and now owns 101,800 shares. Dolby Laboratories Inc Cl A (NYSE:DLB) was reduced too.

Among 31 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 16 Hold. Therefore 48% are positive. Verizon Communications Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cowen & Co on Thursday, October 19. Nomura maintained Verizon Communications Inc. (NYSE:VZ) on Wednesday, January 24 with “Buy” rating. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by Moffett Nathanson on Tuesday, February 21. The firm has “Hold” rating by SunTrust given on Tuesday, January 23. JP Morgan maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, January 24. JP Morgan has “Neutral” rating and $58 target. The firm earned “Market Perform” rating on Thursday, April 7 by Bernstein. The firm has “Buy” rating by Vetr given on Tuesday, August 11. The firm has “Hold” rating given on Sunday, September 17 by RBC Capital Markets. The stock of Verizon Communications Inc. (NYSE:VZ) has “Sector Weight” rating given on Tuesday, January 2 by KeyBanc Capital Markets. The company was maintained on Wednesday, January 24 by RBC Capital Markets.

More notable recent GAMCO Investors, Inc. (NYSE:GBL) news were published by: Businesswire.com which released: “Gabelli Utility Trust Continues Monthly Distributions, Declaring Distributions of $0.05 Per Share” on May 17, 2018, also Businesswire.com with their article: “Gabelli Utility Trust Rights Offering Oversubscribed Raising $48.5 Million” published on May 16, 2018, Businesswire.com published: “Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Second Quarter Distribution of $0.22 Per …” on May 15, 2018. More interesting news about GAMCO Investors, Inc. (NYSE:GBL) were released by: Businesswire.com and their article: “GAMCO Announces $0.20 Per Share Shareholder Designated Charitable Contribution” published on May 07, 2018 as well as Businesswire.com‘s news article titled: “GAMCO Adds to Research and Portfolio Management Team” with publication date: May 01, 2018.

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

Leave a Reply

Your email address will not be published. Required fields are marked *