Technical Glance At Tech Stocks: Verizon Communications Inc. (VZ), AT&T Inc

(NYSE:VZ) recently. The rating firm issued a Mkt Perform rating to this company in a research note released on Jan 25, 2017.

Verizon Communications Inc. (NYSE:VZ) said that, its announcement that it will once again offer an unlimited pricing plan marks a shift in its thinking as a price war among the four biggest U.S wireless carriers accelerates.

Several other hedge funds have also recently added to or reduced their stakes in VZ. The fund owned 378,047 shares of the cell phone carrier's stock after buying an additional 91,714 shares during the period.

Analysts are also projecting an Average Revenue Estimate for Verizon Communications Inc.as $30.79 Billion in the Current Quarter. Solaris Asset Management LLC purchased a new position in Verizon Communications during the third quarter worth approximately $125,000. Guidant Wealth Advisors purchased a new position in Verizon Communications during the third quarter worth approximately $107,000. Daiwa SB Investments Ltd. now owns 3,130 shares of the cell phone carrier's stock valued at $163,000 after buying an additional 3,104 shares during the period.

Verizon Communications Inc. (NYSE:VZ) witnessed a decline in the market cap on Tuesday as its shares dropped 0.58% or 0.28 points.

In Verizon Communications Inc. (NYSE:VZ) rallied by 0.82% during the past week but lost 6.79% on a 4-week basis. The company had a trading volume of 18,316,075 shares. The firm shows the market capitalization of $196.99 Billion. Higher EPS estimate is noted at $1.09 while lowest EPS estimate among analysts is targeted at $0.94.

FirE Sweeps Through Disneyland Parking Structure
Four cars were destroyed and four more had major damage from the fire, which brought losses estimated at £144,000, police said. The blaze broke out in a auto park - which holds 10,000 vehicles - in the California park, on Monday (Fenruary 13).

Verizon Communications (NYSE:VZ) last announced its earnings results on Tuesday, January 24th.

In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for Verizon Communications Inc.as 30.79 Billion. Presently, it has a Return on Equity (ROE) of 64.90% and Return on Investment (ROI) of 15.10%. Bainco International Investors' holdings in Verizon Communications were worth $5,763,000 at the end of the most recent quarter.

The company reported its EPS on 01/24/2017. The difference between actual earnings and estimated earnings was $0.03 per share. Investors of record on Tuesday, January 10th will be issued a dividend of $0.5775 per share. This represents a $2.31 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend is Friday, January 6th. Its Current ratio for most recent quarter of 0.90.

VZ has been the subject of several analyst reports. They issued a "hold" rating and a $53.00 price objective for the company.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.68 on the shares of Apple Inc. Jefferies Group restated a "hold" rating on shares of Verizon Communications in a research report on Monday, September 19th. The count of Hold ratings in that period was 14. Zacks Investment Research cut Verizon Communications from a "hold" rating to a "sell" rating in a research note on Wednesday, October 19th. The highest analyst price target is $61.00, which implies a rally of 75 percent.

In other Verizon Communications news, EVP Craig L. Silliman sold 668 shares of Verizon Communications stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $49.29, for a total value of $32,925.72. The company has a 52-week high of $56.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The stock was sold at an average price of $47.76, for a total transaction of $32,094.72. The company earned $32.30 billion during the quarter, compared to analysts' expectations of $32.12 billion. The disclosure for this sale can be found here. The insider owns 641,856 shares which have current market value of around $31438106.88.Lawrence T. Babbio, Jr is another major inside shareholder in the company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services.

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