Washington Trust Bank Has Lifted By $4.12 Million Its Deere & Co (DE) Stake; Strategic Wealth Advisors Groupinc Has Lifted Verizon Communications (VZ) Stake By $3.58 Million

May 27, 2018 - By Peter Erickson

Verizon Communications Inc. (NYSE:VZ) Logo

Washington Trust Bank increased Deere & Co (DE) stake by 2043.39% reported in 2017Q4 SEC filing. Washington Trust Bank acquired 26,421 shares as Deere & Co (DE)’s stock declined 3.41%. The Washington Trust Bank holds 27,714 shares with $4.34M value, up from 1,293 last quarter. Deere & Co now has $51.48 billion valuation. The stock increased 0.52% or $0.82 during the last trading session, reaching $159. About 2.10 million shares traded. Deere & Company (NYSE:DE) has risen 41.99% since May 27, 2017 and is uptrending. It has outperformed by 30.44% the S&P500.

Strategic Wealth Advisors Groupinc increased Verizon Communications Inc (VZ) stake by 752.52% reported in 2017Q4 SEC filing. Strategic Wealth Advisors Groupinc acquired 70,285 shares as Verizon Communications Inc (VZ)’s stock declined 11.05%. The Strategic Wealth Advisors Groupinc holds 79,625 shares with $4.12 million value, up from 9,340 last quarter. Verizon Communications Inc now has $200.48 billion valuation. The stock decreased 0.25% or $0.12 during the last trading session, reaching $48.52. About 7.95M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since May 27, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Since February 13, 2018, it had 0 buys, and 2 sales for $444,552 activity. $97,595 worth of Verizon Communications Inc. (NYSE:VZ) was sold by Skiadas Anthony T.

Investors sentiment increased to 1.02 in Q4 2017. 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. Neuberger Berman Gru Ltd Liability Company holds 1.23M shares or 0.07% of its portfolio. Kelly Lawrence W And Associates Inc Ca invested 0.3% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Sandy Spring Savings Bank holds 209,085 shares. Covington Investment Advsr Inc owns 58,670 shares for 1.06% of their portfolio. Wespac Advsrs has invested 0.46% in Verizon Communications Inc. (NYSE:VZ). Bright Rock Capital Ltd Liability Corp stated it has 189,175 shares or 2.72% of all its holdings. Alpine Global Mngmt Limited Liability Co holds 0.21% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 17,329 shares. Westwood Hldgs Grp Inc reported 70,240 shares. 61,066 were reported by Benedict Fin Advisors. Kames Public Ltd Com invested in 72,300 shares. Harvey Cap Mgmt Incorporated accumulated 1.37% or 71,365 shares. Ontario – Canada-based Hillsdale Mgmt has invested 0.13% in Verizon Communications Inc. (NYSE:VZ). Foster Motley Incorporated invested in 1.67% or 197,037 shares. Pub Employees Retirement Of Ohio invested in 2.95 million shares. Pennsylvania Tru Communication, a Pennsylvania-based fund reported 399,533 shares.

Strategic Wealth Advisors Groupinc decreased Wisdomtree Tr (DXJ) stake by 11,135 shares to 13,113 valued at $778,000 in 2017Q4. It also reduced Ishares Tr (IEFA) stake by 35,624 shares and now owns 301,768 shares. Ishares Tr (DGRO) 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. has $63 highest and $44 lowest target. $54.26’s average target is 11.83% above currents $48.52 stock price. Verizon Communications Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, April 24 by Cowen & Co. As per Thursday, April 7, the company rating was downgraded by Jefferies. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by SunTrust on Tuesday, January 23. Cowen & Co maintained the shares of VZ in report on Thursday, October 19 with “Hold” rating. DA Davidson initiated Verizon Communications Inc. (NYSE:VZ) on Thursday, February 4 with “Neutral” rating. The firm earned “Buy” rating on Thursday, January 19 by HSBC. The company was maintained on Friday, October 20 by SunTrust. The firm has “Neutral” rating by Moffett Nathanson given on Tuesday, January 16. The firm has “Buy” rating by Moffett Nathanson given on Wednesday, February 28. MoffettNathanson upgraded the shares of VZ in report on Tuesday, August 11 to “Neutral” rating.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Verizon to repurchase debt securities” on May 11, 2018, also Globenewswire.com with their article: “Verizon holds sellside analyst meeting” published on May 21, 2018, Globenewswire.com published: “Verizon to speak at JP Morgan conference May 16” on May 15, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Globenewswire.com and their article: “Verizon collapses key network elements, improving efficiency and customer functionality” published on April 30, 2018 as well as Globenewswire.com‘s news article titled: “My Verizon App is now available en español” with publication date: May 01, 2018.

Among 30 analysts covering Deere & Company (NYSE:DE), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Deere & Company has $231 highest and $63 lowest target. $152.16’s average target is -4.30% below currents $159 stock price. Deere & Company had 129 analyst reports since July 27, 2015 according to SRatingsIntel. Robert W. Baird upgraded it to “Outperform” rating and $100 target in Monday, October 31 report. UBS maintained Deere & Company (NYSE:DE) rating on Monday, August 24. UBS has “Sell” rating and $73.0 target. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, December 4 report. On Monday, August 22 the stock rating was maintained by Citigroup with “Buy”. The rating was initiated by Barclays Capital with “Buy” on Tuesday, December 12. On Tuesday, August 25 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by Credit Suisse on Monday, August 21 with “Outperform”. The stock of Deere & Company (NYSE:DE) earned “Market Perform” rating by William Blair on Thursday, June 1. HSBC upgraded Deere & Company (NYSE:DE) on Tuesday, November 21 to “Buy” rating. The firm has “Sell” rating by William Blair given on Wednesday, August 19.

Since December 11, 2017, it had 0 insider buys, and 9 sales for $66.91 million activity. Shares for $3.46 million were sold by Jones Mary K.W. on Friday, February 16. 20,835 shares valued at $3.15M were sold by May John C II on Monday, December 11. $44.13M worth of Deere & Company (NYSE:DE) was sold by ALLEN SAMUEL R on Wednesday, February 28. Shares for $3.76 million were sold by Field James M. on Friday, January 12. 15,083 shares were sold by Gilles Jean H, worth $2.52M. On Tuesday, January 16 Guinn Max A sold $1.90 million worth of Deere & Company (NYSE:DE) or 11,235 shares. The insider Reed Cory J sold 6,416 shares worth $972,253.

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