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Stephens Trimmed Verizon Communications (VZ) Holding By $1.22 Million; Piedmont Investment Advisors Lowered Its Norfolk Southern Com (NSC) Holding

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Piedmont Investment Advisors Llc decreased Norfolk Southern Corp Com (NSC) stake by 31.41% reported in 2018Q1 SEC filing. Piedmont Investment Advisors Llc sold 19,551 shares as Norfolk Southern Corp Com (NSC)’s stock rose 5.15%. The Piedmont Investment Advisors Llc holds 42,685 shares with $5.80M value, down from 62,236 last quarter. Norfolk Southern Corp Com now has $42.46B valuation. The stock decreased 2.29% or $3.52 during the last trading session, reaching $150.26. About 749,725 shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 27.76% since June 19, 2017 and is uptrending. It has outperformed by 15.19% the S&P500. Some Historical NSC News: ; 15/05/2018 – NORFOLK SOUTHERN CEO SQUIRES SPEAKS AT BANK OF AMERICA CONF; 25/04/2018 – NORFOLK SOUTHERN CORP – QTRLY COAL REVENUE $434 MLN VS $420 MLN; 22/05/2018 – Norfolk Southern Presenting at Conference Tomorrow; 03/04/2018 – Norfolk Southern multi-state safety train tour underway; 23/04/2018 – NORFOLK SOUTHERN OFFERS TO EXCHANGE UP TO $1.5B OF NOTES; 16/03/2018 – Norfolk Southern Remaining Neutral Toward TRC’s Offer; 20/03/2018 – GE Transportation’s Modernization Program Hits New Milestones; 07/05/2018 – Norfolk Southern submits comments responding to FRA request for information on automation; 25/04/2018 – NORFOLK SOUTHERN BOOSTS EXPECTED ANNUAL REPURCHASES TO $1.5B; 25/04/2018 – NORFOLK SOUTHERN CORP – QTRLY RAILWAY OPERATING RATIO, OR OPERATING EXPENSES AS A PERCENTAGE OF REVENUES, WAS 69.3 PERCENT

Stephens Inc decreased Verizon Communications Inc (VZ) stake by 4.12% reported in 2018Q1 SEC filing. Stephens Inc sold 25,890 shares as Verizon Communications Inc (VZ)’s stock declined 1.16%. The Stephens Inc holds 602,346 shares with $28.80M value, down from 628,236 last quarter. Verizon Communications Inc now has $199.90 billion valuation. The stock increased 1.94% or $0.92 during the last trading session, reaching $48.38. About 14.72 million shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 7.08% since June 19, 2017 and is uptrending. It has underperformed by 5.49% the S&P500. Some Historical VZ News: ; 11/05/2018 – VERIZON – DELIVERED REPURCHASE NOTICE FOR FLOATING RATE NOTES DUE FEB 21, 2025; $2.5 BLN OF NOTES EXPECTED TO BE REPURCHASED ON OR BEFORE JUNE 11; 11/05/2018 – VERIZON TO BUYBACK DEBT SECURITIES; 16/05/2018 – VERIZON CFO MATT ELLIS CONCLUDES INVESTOR PRESENTATION; 15/05/2018 – Verizon to speak at J.P. Morgan conference May 16; 24/04/2018 – Verizon Expects Tax Savings to Boost 2018 EPS by 55 Cents to 65 Cents; 20/04/2018 – VZ: DIFFERENCE OF OPINION ON DEVELOPMENT OF E-SIM STANDARDS; 14/05/2018 – Peter Kafka: CBS says Redstone blocked a potential buyer for making an offer for CBS. Source says would-be buyer was Verizon,; 24/04/2018 – Verizon Sees FY Capital Spending $17 Billion to $17.8 Billion; 20/04/2018 – U.S. said to investigate AT&T, Verizon over wireless collusion claim; 03/04/2018 – Oath Names Joanna Lambert General Manager of Finance and Tech

Since February 13, 2018, it had 0 buys, and 2 insider sales for $444,552 activity. The insider Skiadas Anthony T sold 6,967 shares worth $346,957.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Seekingalpha.com which released: “Deutsche Bank sees multiple upsides for Verizon” on June 19, 2018, also Seekingalpha.com with their article: “Verizon ending location-sharing after leaks” published on June 19, 2018, Seekingalpha.com published: “CenturyLink’s Yield Is A Red Flag – Cramer’s Lightning Round (6/18/18)” on June 19, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Globenewswire.com and their article: “Verizon announces CEO succession plan” published on June 08, 2018 as well as Globenewswire.com‘s news article titled: “John Stratton to retire from Verizon by end of 2018” with publication date: June 08, 2018.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.05, from 1.02 in 2017Q4. It dropped, as 69 investors sold VZ shares while 675 reduced holdings. 132 funds opened positions while 593 raised stakes. 2.55 billion shares or 0.58% more from 2.54 billion shares in 2017Q4 were reported. 9,788 were reported by Stellar Capital Mngmt Limited Liability Company. Oakworth Inc has 0.16% invested in Verizon Communications Inc. (NYSE:VZ). Ashford Capital Mngmt invested in 0.05% or 6,920 shares. Court Place Ltd Limited Liability Company has 43,228 shares. Virginia Retirement System Et Al has invested 0.88% in Verizon Communications Inc. (NYSE:VZ). 119,055 are held by Check Mgmt Ca. Jefferies Grp Ltd owns 33,675 shares or 0.01% of their US portfolio. Wisconsin-based Oarsman has invested 1.94% in Verizon Communications Inc. (NYSE:VZ). Livforsakringsbolaget Skandia Omsesidigt holds 0.09% or 233,670 shares in its portfolio. State Board Of Administration Of Florida Retirement Systems has invested 0.74% in Verizon Communications Inc. (NYSE:VZ). Macquarie Gp Limited accumulated 14.49 million shares. Howland Mngmt Ltd Liability Com reported 13,734 shares. Roffman Miller Assoc Pa reported 345,078 shares. Los Angeles Cap Mngmt And Equity Rech has invested 0.36% in Verizon Communications Inc. (NYSE:VZ). Hennessy Advsr has 0.46% invested in Verizon Communications Inc. (NYSE:VZ) for 285,808 shares.

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 85 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by SunTrust on Friday, October 20 with “Hold”. The rating was downgraded by Bernstein on Thursday, April 7 to “Market Perform”. Bank of America maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, January 24. Bank of America has “Buy” rating and $58 target. The rating was maintained by RBC Capital Markets on Monday, April 24 with “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by HSBC on Thursday, January 19. The firm has “Hold” rating by Oppenheimer given on Thursday, July 27. The firm has “Hold” rating by SunTrust given on Wednesday, December 6. The firm earned “Neutral” rating on Thursday, February 4 by DA Davidson. The rating was maintained by Cowen & Co with “Hold” on Tuesday, January 23. Argus Research maintained the shares of VZ in report on Wednesday, October 21 with “Buy” rating.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on July, 26. They expect $1.15 earnings per share, up 19.79% or $0.19 from last year’s $0.96 per share. VZ’s profit will be $4.75 billion for 10.52 P/E if the $1.15 EPS becomes a reality. After $1.17 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -1.71% negative EPS growth.

Stephens Inc increased Pacwest Bancorp Del (NASDAQ:PACW) stake by 13,857 shares to 23,369 valued at $1.16M in 2018Q1. It also upped Procter And Gamble Co (NYSE:PG) stake by 19,694 shares and now owns 221,243 shares. Ishares Tr (IYF) was raised too.

Since February 1, 2018, it had 0 insider purchases, and 8 insider sales for $4.08 million activity. Another trade for 467 shares valued at $70,130 was sold by Hurlbut Thomas E. On Friday, February 16 the insider Wheeler Michael Joseph sold $244,011. Squires James A had sold 10,000 shares worth $1.50M on Thursday, February 1. 6,588 Norfolk Southern Corporation (NYSE:NSC) shares with value of $994,340 were sold by Earhart Cynthia C.

Piedmont Investment Advisors Llc increased Time Warner Inc Com New (NYSE:TWX) stake by 12,468 shares to 187,275 valued at $17.71M in 2018Q1. It also upped Prologis Inc Com (NYSE:PLD) stake by 21,339 shares and now owns 57,695 shares. Raytheon Co Com New (NYSE:RTN) was raised too.

Investors sentiment decreased to 0.75 in 2018 Q1. Its down 0.08, from 0.83 in 2017Q4. It fall, as 53 investors sold NSC shares while 375 reduced holdings. 94 funds opened positions while 228 raised stakes. 198.67 million shares or 0.72% more from 197.25 million shares in 2017Q4 were reported. Point72 Asset Mngmt Ltd Partnership reported 352,300 shares or 0.2% of all its holdings. Bragg Advsrs reported 1,666 shares. Gideon Advsrs Inc reported 10,190 shares or 0.86% of all its holdings. Blackhill Capital owns 0.01% invested in Norfolk Southern Corporation (NYSE:NSC) for 200 shares. Reynders Mcveigh Management Ltd Com stated it has 1,221 shares. 5,620 are held by Acropolis Investment Mgmt Ltd Liability Company. Wexford Cap LP stated it has 0.37% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Amica Pension Fund Board Of Trustees stated it has 8,364 shares or 0.16% of all its holdings. Loring Wolcott Coolidge Fiduciary Llp Ma owns 0.05% invested in Norfolk Southern Corporation (NYSE:NSC) for 21,545 shares. Pettyjohn Wood & White accumulated 28,082 shares or 1.38% of the stock. State Street invested in 0.14% or 11.78 million shares. California-based Reilly Fincl Ltd Liability has invested 0.01% in Norfolk Southern Corporation (NYSE:NSC). Gotham Asset Mngmt Ltd Liability stated it has 156,423 shares or 0.3% of all its holdings. Massmutual Tru Fsb Adv reported 772 shares or 0% of all its holdings. Jfs Wealth Limited owns 1,350 shares.

Among 31 analysts covering Norfolk Southern Corp. (NYSE:NSC), 8 have Buy rating, 5 Sell and 18 Hold. Therefore 26% are positive. Norfolk Southern Corp. had 108 analyst reports since July 28, 2015 according to SRatingsIntel. Scotia Capital maintained Norfolk Southern Corporation (NYSE:NSC) on Wednesday, April 25 with “Buy” rating. BMO Capital Markets downgraded the stock to “Market Perform” rating in Tuesday, November 24 report. The stock of Norfolk Southern Corporation (NYSE:NSC) has “Hold” rating given on Thursday, September 14 by BMO Capital Markets. On Monday, November 27 the stock rating was downgraded by Loop Capital to “Sell”. Scotia Capital downgraded the stock to “Sector Perform” rating in Thursday, July 6 report. Cowen & Co maintained the stock with “Buy” rating in Friday, August 11 report. Buckingham Research initiated Norfolk Southern Corporation (NYSE:NSC) on Wednesday, January 18 with “Neutral” rating. The rating was downgraded by Argus Research on Friday, July 31 to “Hold”. As per Tuesday, October 31, the company rating was maintained by Argus Research. The stock of Norfolk Southern Corporation (NYSE:NSC) earned “Neutral” rating by Atlantic Securities on Thursday, August 11.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart

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