Sfmg Stake in Verizon Communications (VZ) Has Lowered by $1.14 Million as Stock Price Declined; Birch Hill Investment Advisors Has Raised General Electric Co (GE) Stake by $469,464

February 20, 2018 - By Marguerite Chambers

Birch Hill Investment Advisors Llc increased its stake in General Electric Co (GE) by 3.07% based on its latest 2017Q3 regulatory filing with the SEC. Birch Hill Investment Advisors Llc bought 19,561 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 655,707 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $15.86M, up from 636,146 at the end of the previous reported quarter. Birch Hill Investment Advisors Llc who had been investing in General Electric Co for a number of months, seems to be bullish on the $130.52B market cap company. The stock increased 1.35% or $0.2 during the last trading session, reaching $15.05. About 64.72M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 20, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Sfmg Llc decreased its stake in Verizon Communications Inc (VZ) by 60.65% based on its latest 2017Q3 regulatory filing with the SEC. Sfmg Llc sold 23,336 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 15,138 shares of the telecommunications equipment company at the end of 2017Q3, valued at $749,000, down from 38,474 at the end of the previous reported quarter. Sfmg Llc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $204.56 billion market cap company. The stock increased 0.82% or $0.41 during the last trading session, reaching $50.15. About 12.26M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 20, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 28 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 21 Hold. Therefore 25% are positive. Verizon Communications Inc. had 74 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by Oppenheimer on Thursday, July 27. Raymond James downgraded the shares of VZ in report on Wednesday, January 25 to “Mkt Perform” rating. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Thursday, April 7 by Jefferies. The firm has “Hold” rating by RBC Capital Markets given on Friday, October 20. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Neutral” rating by Nomura on Friday, October 16. The stock of Verizon Communications Inc. (NYSE:VZ) has “Outperform” rating given on Wednesday, September 30 by RBC Capital Markets. The company was maintained on Monday, January 25 by RBC Capital Markets. The firm earned “Hold” rating on Wednesday, January 24 by RBC Capital Markets. The rating was upgraded by Howard Weil on Monday, January 22 to “Sector Outperform”. Moffett Nathanson upgraded Verizon Communications Inc. (NYSE:VZ) on Tuesday, February 21 to “Buy” rating.

Sfmg Llc, which manages about $718.46M and $511.60 million US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 17,748 shares to 48,102 shares, valued at $1.88 million in 2017Q3, according to the filing. It also increased its holding in Schwab Strategic Tr (FNDB) by 16,598 shares in the quarter, for a total of 1.13 million shares, and has risen its stake in Schwab Strategic Tr (SCHX).

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It is without change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. Silvercrest Asset Mgmt Llc stated it has 0.73% in Verizon Communications Inc. (NYSE:VZ). The New York-based Spears Abacus Advisors Limited Liability Corporation has invested 0.03% in Verizon Communications Inc. (NYSE:VZ). Bright Rock Capital Ltd holds 189,000 shares or 2.71% of its portfolio. Amica Pension Fund Board Of Trustees invested in 1.1% or 184,801 shares. 23,526 are held by First Commonwealth Pa. Hills Natl Bank And Tru invested in 0.25% or 15,805 shares. Fort Washington Investment Inc Oh holds 0.16% or 203,532 shares in its portfolio. Lakeview Capital Prns Lc holds 1.16% in Verizon Communications Inc. (NYSE:VZ) or 29,247 shares. Great Lakes Advsr Limited Liability Corp stated it has 0.04% in Verizon Communications Inc. (NYSE:VZ). Guardian Life Ins Com Of America has invested 0.07% in Verizon Communications Inc. (NYSE:VZ). 2.24M are owned by Gateway Advisers Ltd Com. Td Cap Mngmt Lc holds 361 shares. Da Davidson & Communications accumulated 332,854 shares. Bragg reported 0.94% stake. Pennsylvania-based Pitcairn has invested 0.11% in Verizon Communications Inc. (NYSE:VZ).

Since August 28, 2017, it had 0 insider buys, and 4 selling transactions for $436,322 activity. 6,967 shares were sold by Skiadas Anthony T, worth $346,957.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Clearbridge Invs Ltd Liability owns 0.07% invested in General Electric Company (NYSE:GE) for 3.16 million shares. The California-based Mraz Amerine & Associate Incorporated has invested 0.11% in General Electric Company (NYSE:GE). Tower Rech Capital Llc (Trc) reported 0.13% of its portfolio in General Electric Company (NYSE:GE). Brouwer Janachowski Limited Liability Corporation has invested 0.08% in General Electric Company (NYSE:GE). Qci Asset Mngmt New York invested 1.39% of its portfolio in General Electric Company (NYSE:GE). Beacon Cap Management invested in 0% or 286 shares. Zacks Inv has 1.08% invested in General Electric Company (NYSE:GE). Cove Street Capital Ltd Liability Co invested 1.01% of its portfolio in General Electric Company (NYSE:GE). Motco owns 290,485 shares. Somerset holds 0.01% of its portfolio in General Electric Company (NYSE:GE) for 819 shares. 161,321 are owned by Peoples Financial Ser Corporation. Regent Mngmt Ltd Llc holds 0.84% of its portfolio in General Electric Company (NYSE:GE) for 102,816 shares. Optimum Advsrs reported 56,686 shares. Gateway Advisory Ltd Liability Corporation invested in 0.37% or 51,041 shares. Dekabank Deutsche Girozentrale owns 2.77 million shares for 0.55% of their portfolio.

Since August 22, 2017, it had 1 buying transaction, and 0 insider sales for $43,446 activity. $2.46M worth of General Electric Company (NYSE:GE) was bought by TISCH JAMES S.

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