Tiffany & Co New (TIF) Holder Contravisory Investment Management Upped Stake; Trust Company Lifted Its Holding in Verizon Communications (VZ) by $861,714 as Shares Declined

February 15, 2018 - By Adrian Erickson

Contravisory Investment Management Inc increased its stake in Tiffany & Co New (TIF) by 1250.12% based on its latest 2017Q3 regulatory filing with the SEC. Contravisory Investment Management Inc bought 47,392 shares as the company’s stock rose 7.82% with the market. The institutional investor held 51,183 shares of the consumer specialties company at the end of 2017Q3, valued at $4.70M, up from 3,791 at the end of the previous reported quarter. Contravisory Investment Management Inc who had been investing in Tiffany & Co New for a number of months, seems to be bullish on the $12.72B market cap company. The stock decreased 0.78% or $0.8 during the last trading session, reaching $102.31. About 315,119 shares traded. Tiffany & Co. (NYSE:TIF) has risen 46.84% since February 15, 2017 and is uptrending. It has outperformed by 30.14% the S&P500.

Trust Company increased its stake in Verizon Communications Inc (VZ) by 22.73% based on its latest 2017Q3 regulatory filing with the SEC. Trust Company bought 17,586 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 94,966 shares of the telecommunications equipment company at the end of 2017Q3, valued at $4.70 million, up from 77,380 at the end of the previous reported quarter. Trust Company who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $200.81 billion market cap company. The stock decreased 0.57% or $0.28 during the last trading session, reaching $49.23. About 7.93M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 15, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 26 analysts covering Tiffany & Co. (NYSE:TIF), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Tiffany & Co. had 84 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $94.0 target in Wednesday, November 29 report. The company was downgraded on Wednesday, January 18 by Atlantic Securities. The firm has “Hold” rating by Wells Fargo given on Thursday, January 11. The firm has “Hold” rating by Deutsche Bank given on Friday, August 26. The company was downgraded on Tuesday, February 7 by HSBC. The firm has “Hold” rating given on Wednesday, January 17 by Wells Fargo. The company was maintained on Wednesday, January 17 by Guggenheim. Cowen & Co upgraded the shares of TIF in report on Friday, November 11 to “Outperform” rating. Cowen & Co maintained the shares of TIF in report on Wednesday, May 18 with “Market Perform” rating. The rating was maintained by RBC Capital Markets on Thursday, July 6 with “Hold”.

Contravisory Investment Management Inc, which manages about $746.49M and $280.23 million US Long portfolio, decreased its stake in Parker Hannifin Corp (NYSE:PH) by 2,961 shares to 42,650 shares, valued at $7.47 million in 2017Q3, according to the filing. It also reduced its holding in Ansys Inc (NASDAQ:ANSS) by 2,790 shares in the quarter, leaving it with 51,808 shares, and cut its stake in Accenture Plc Ireland (NYSE:ACN).

Investors sentiment is 0.88 in 2017 Q3. 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. Atria Invs Limited Liability Company invested 0.32% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Calamos Lc has 0.4% invested in Verizon Communications Inc. (NYSE:VZ). Morgan Dempsey Cap Management Ltd Llc owns 112,984 shares for 1.9% of their portfolio. Plancorp Limited Liability Company holds 0.35% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 24,130 shares. Cedar Hill Assoc Ltd Liability Corporation stated it has 10,690 shares. Private Asset Inc holds 0.28% or 1,759 shares in its portfolio. Segall Bryant Hamill Ltd Liability reported 131,590 shares or 0.15% of all its holdings. Rothschild Invest Corporation Il accumulated 1.23% or 219,365 shares. Viking Glob Investors Ltd Partnership has invested 1.19% in Verizon Communications Inc. (NYSE:VZ). Caprock Inc owns 37,716 shares. Fulton Bancorp Na reported 132,672 shares. 4,500 were accumulated by Bellecapital Int Ltd. Ct Mason holds 0.9% in Verizon Communications Inc. (NYSE:VZ) or 50,103 shares. Evermay Wealth Mngmt Ltd Llc, Virginia-based fund reported 10,643 shares. Andra Ap reported 723,629 shares.

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 firm has “Outperform” rating given on Monday, November 20 by Wells Fargo. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Neutral” rating by Moffet Nathanson on Friday, April 1. Vetr downgraded it to “Buy” rating and $48.62 target in Tuesday, August 11 report. The company was upgraded on Monday, January 22 by Howard Weil. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) on Friday, July 28 with “Hold” rating. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) rating on Friday, May 26. RBC Capital Markets has “Hold” rating and $48 target. The stock of Verizon Communications Inc. (NYSE:VZ) has “Market Perform” rating given on Thursday, April 7 by Bernstein. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 18. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by Bank of America on Friday, October 20. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by Scotia Capital on Monday, January 22.

Since August 28, 2017, it had 0 buys, and 3 selling transactions for $89,365 activity.

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