United Utilities Group PLC (LON:UU) Stock Overweight Rating Reaffirmed at JP Morgan Cazenove; The Target Price per Share Given is GBX 1000.00; Hallmark Capital Management Upped Verizon Communications (VZ) Holding By $838,420

December 7, 2017 - By Darrin Black

In a report issued to clients on today, JP Morgan Cazenove reconfirmed their Overweight rating on United Utilities Group PLC (LON:UU)‘s stock. The target would indicate a potential upside of 22.51% from company’s close price.

Hallmark Capital Management Inc increased Verizon Communications (VZ) stake by 6.42% reported in 2017Q2 SEC filing. Hallmark Capital Management Inc acquired 19,055 shares as Verizon Communications (VZ)’s stock declined 7.66%. The Hallmark Capital Management Inc holds 316,007 shares with $14.11 million value, up from 296,952 last quarter. Verizon Communications now has $206.75 billion valuation. The stock decreased 0.47% or $0.24 during the last trading session, reaching $50.68. About 17.30 million shares traded or 3.93% up from the average. 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.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.12, from 1 in 2017Q1. It dropped, as 90 investors sold VZ shares while 700 reduced holdings. 112 funds opened positions while 587 raised stakes. 2.49 billion shares or 0.28% less from 2.50 billion shares in 2017Q1 were reported. City accumulated 72,157 shares. Endurance Wealth Inc accumulated 0.08% or 11,085 shares. Ngam Advisors Limited Partnership reported 0.25% stake. Strategic Global Advsrs Ltd Liability Com owns 15,612 shares. Suntrust Banks reported 2.38M shares or 0.59% of all its holdings. Great West Life Assurance Can invested in 0.6% or 5.06M shares. Aviance Limited Liability Company reported 653,093 shares or 1.78% of all its holdings. Schulhoff And Communications Inc holds 1.01% in Verizon Communications Inc. (NYSE:VZ) or 36,834 shares. Engineers Gate Manager Ltd Partnership invested in 26,182 shares or 0.11% of the stock. Yorktown Rech stated it has 137,400 shares. Plante Moran Fincl Advsr Ltd Liability Company stated it has 21,622 shares or 0.6% of all its holdings. One Trading Lp has 0.01% invested in Verizon Communications Inc. (NYSE:VZ) for 30,819 shares. North Carolina-based Bancorp Of America Corporation De has invested 0.62% in Verizon Communications Inc. (NYSE:VZ). Lipe Dalton reported 0.14% in Verizon Communications Inc. (NYSE:VZ). Washington Trust owns 302,069 shares.

Hallmark Capital Management Inc decreased Loews Corp (NYSE:L) stake by 8,145 shares to 6,895 valued at $323,000 in 2017Q2. It also reduced Microsoft Corporation (NASDAQ:MSFT) stake by 7,176 shares and now owns 289,983 shares. Deere & Company (NYSE:DE) was reduced too.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 27% are positive. Verizon Communications Inc. had 59 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Thursday, April 7. The firm earned “Hold” rating on Wednesday, October 11 by KeyBanc Capital Markets. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) on Monday, July 31 with “Sector Perform” rating. FBR Capital maintained Verizon Communications Inc. (NYSE:VZ) on Wednesday, October 21 with “Outperform” rating. Wells Fargo downgraded the shares of VZ in report on Monday, January 23 to “Market Perform” rating. Citigroup maintained Verizon Communications Inc. (NYSE:VZ) on Monday, March 14 with “Neutral” rating. The company was maintained on Thursday, July 27 by Oppenheimer. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) rating on Sunday, September 17. RBC Capital Markets has “Hold” rating and $50.0 target. The company was maintained on Thursday, June 15 by Macquarie Research. The stock has “Hold” rating by Barclays Capital on Friday, July 14.

United Utilities Group PLC provides water and wastewater services in the United Kingdom. The company has market cap of 5.55 billion GBP. It is also involved in renewable energy generation, corporate trustee, and property management activities; and the provision of consulting and project management services. It has a 12.83 P/E ratio. The firm operates 43,000 kilometers of pipes; 77,000 km of sewerage pipes; 567 wastewater treatment works; and 91 water treatment works.

Among 19 analysts covering United Utilities Group PLC (LON:UU), 9 have Buy rating, 3 Sell and 7 Hold. Therefore 47% are positive. United Utilities Group PLC has GBX 2210 highest and GBX 788 lowest target. GBX 1017.29’s average target is 24.90% above currents GBX 814.5 stock price. United Utilities Group PLC had 123 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Sell” rating by AlphaValue on Thursday, December 31. The stock of United Utilities Group PLC (LON:UU) earned “Underwt/Cautious” rating by Morgan Stanley on Wednesday, November 25. The stock of United Utilities Group PLC (LON:UU) earned “Buy” rating by Deutsche Bank on Friday, May 5. JP Morgan maintained the stock with “Overweight” rating in Thursday, December 7 report. As per Thursday, January 19, the company rating was upgraded by Credit Suisse. The firm has “Neutral” rating given on Thursday, August 31 by Macquarie Research. The stock has “Neutral” rating by BNP Paribas on Tuesday, November 17. Deutsche Bank maintained the shares of UU in report on Thursday, May 26 with “Buy” rating. The stock of United Utilities Group PLC (LON:UU) has “Buy” rating given on Thursday, March 17 by Deutsche Bank. Bernstein upgraded the stock to “Outperform” rating in Monday, September 7 report.

The stock increased 0.62% or GBX 5 during the last trading session, reaching GBX 814.5. About 457,274 shares traded. United Utilities Group PLC (LON:UU) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

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