Beutel Goodman & Co LTD Has Upped Its Verizon Communicatio (VZ) Position; AZZ Inc. (AZZ) Had 0 Analysts Last Week

December 7, 2017 - By Louis Casey

Beutel Goodman & Co Ltd increased Verizon Communicatio (VZ) stake by 22.52% reported in 2017Q2 SEC filing. Beutel Goodman & Co Ltd acquired 981,409 shares as Verizon Communicatio (VZ)’s stock declined 7.66%. The Beutel Goodman & Co Ltd holds 5.34M shares with $183.69M value, up from 4.36M last quarter. Verizon Communicatio now has $206.70B valuation. The stock decreased 0.02% or $0.0105 during the last trading session, reaching $50.6695. About 1.24 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since December 7, 2016 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 3 analysts covering AZZ (NYSE:AZZ), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. AZZ had 9 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was downgraded by Sidoti on Monday, October 12 to “Neutral”. On Monday, March 28 the stock rating was initiated by Stifel Nicolaus with “Hold”. Stifel Nicolaus maintained it with “Hold” rating and $52 target in Wednesday, September 27 report. On Thursday, December 8 the stock rating was downgraded by Stifel Nicolaus to “Sell”. Zacks downgraded the stock to “Buy” rating in Tuesday, September 1 report. The firm has “Hold” rating given on Friday, July 7 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of AZZ in report on Thursday, September 7 with “Hold” rating. The firm has “Hold” rating by BB&T Capital given on Monday, January 11. The rating was upgraded by Stifel Nicolaus on Tuesday, January 10 to “Hold”. See AZZ Inc. (NYSE:AZZ) latest ratings:

27/09/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $56.00 New Target: $52.00 Maintain
07/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $56.0 Maintain
07/07/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $58.00 New Target: $56.00 Maintain

AZZ Inc. provides galvanizing services, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, and industrial markets. The company has market cap of $1.24 billion. The firm operates through two divisions, Energy and Galvanizing Services. It has a 24.21 P/E ratio. The Energy segment provides specialized services and products designed to support industrial, nuclear, and electrical applications.

The stock increased 0.42% or $0.2 during the last trading session, reaching $47.7. About 1,717 shares traded. AZZ Inc. (NYSE:AZZ) has declined 1.54% since December 7, 2016 and is downtrending. It has underperformed by 18.24% the S&P500.

Investors sentiment increased to 1.23 in 2017 Q2. Its up 0.26, from 0.97 in 2017Q1. It is positive, as 10 investors sold AZZ Inc. shares while 46 reduced holdings. 18 funds opened positions while 51 raised stakes. 21.89 million shares or 2.20% less from 22.39 million shares in 2017Q1 were reported. 27,852 were reported by Goldman Sachs Group Inc Inc. Keybank Natl Association Oh owns 21,600 shares or 0.01% of their US portfolio. Teachers Retirement System Of The State Of Kentucky invested in 26,366 shares. The Kansas-based Creative Planning has invested 0% in AZZ Inc. (NYSE:AZZ). Blair William & Company Il holds 0% of its portfolio in AZZ Inc. (NYSE:AZZ) for 6,235 shares. Lord Abbett And Ltd Liability Corporation holds 0.01% in AZZ Inc. (NYSE:AZZ) or 36,000 shares. Rmb Cap Mgmt Ltd Liability has 0.16% invested in AZZ Inc. (NYSE:AZZ) for 98,610 shares. M&T Commercial Bank Corporation has invested 0% in AZZ Inc. (NYSE:AZZ). Illinois-based Citadel Advsrs Ltd Liability Corp has invested 0% in AZZ Inc. (NYSE:AZZ). Ironwood Inv Ltd Llc accumulated 18,325 shares. California State Teachers Retirement Sys accumulated 46,018 shares. Manufacturers Life Insurance Commerce The holds 0% or 20,003 shares. Aristotle Capital Boston Limited Liability Company reported 80,405 shares or 0.5% of all its holdings. Cortina Asset Limited Liability Co owns 0.22% invested in AZZ Inc. (NYSE:AZZ) for 94,207 shares. Walleye Trading Ltd Limited Liability Company owns 268 shares.

Beutel Goodman & Co Ltd decreased Cdn Natl Railway (NYSE:CNI) stake by 23,050 shares to 6.14M valued at $497.91 million in 2017Q2. It also reduced Molson Coors Canada stake by 102,818 shares and now owns 3.39 million shares. Telus Corp (NYSE:TU) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Louis Casey




Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: