Strategic Wealth Advisors Groupinc Cut Its Verizon Communicatn (VZ) Stake; Cliffs Natural Resources (CLF) Has 0.01 Sentiment

January 13, 2018 - By Ellis Scott

Strategic Wealth Advisors Groupinc decreased Verizon Communicatn (VZ) stake by 91.56% reported in 2017Q3 SEC filing. Strategic Wealth Advisors Groupinc sold 101,335 shares as Verizon Communicatn (VZ)’s stock declined 7.66%. The Strategic Wealth Advisors Groupinc holds 9,340 shares with $462,000 value, down from 110,675 last quarter. Verizon Communicatn now has $211.56B valuation. The stock decreased 0.48% or $0.25 during the last trading session, reaching $51.86. About 17.67 million shares traded or 5.35% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 13, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Cleveland-Cliffs Inc., a mining and natural resources company, produces and supplies iron ore. The company has market cap of $2.57 billion. The firm operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It has a 17.82 P/E ratio. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific.

Ratings analysis reveals 0 of Cliffs Natural Resources’s analysts are positive. Out of 2 Wall Street analysts rating Cliffs Natural Resources, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. CLF was included in 2 notes of analysts from October 13, 2016. The stock of Cleveland-Cliffs Inc. (NYSE:CLF) has “Mkt Perform” rating given on Thursday, October 13 by FBR Capital. The firm has “Equal-Weight” rating given on Monday, November 14 by Morgan Stanley.

Analysts await Cleveland-Cliffs Inc. (NYSE:CLF) to report earnings on February, 8. They expect $0.18 EPS, down 56.10% or $0.23 from last year’s $0.41 per share. CLF’s profit will be $53.38M for 12.06 P/E if the $0.18 EPS becomes a reality. After $0.36 actual EPS reported by Cleveland-Cliffs Inc. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

The stock decreased 1.48% or $0.13 during the last trading session, reaching $8.68. About 18.67 million shares traded or 56.57% up from the average. Cleveland-Cliffs Inc. (CLF) has risen 122.26% since January 13, 2017 and is uptrending. It has outperformed by 105.56% the S&P500.

Dreman Value Management L L C holds 0.15% of its portfolio in Cleveland-Cliffs Inc. for 38,642 shares. Kazazian Asset Management Llc owns 12,114 shares or 0.11% of their US portfolio. Moreover, Meridian Investment Counsel Inc. has 0.08% invested in the company for 19,390 shares. The New York-based Focused Wealth Management Inc has invested 0.03% in the stock. Peddock Capital Advisors Llc, a Massachusetts-based fund reported 200 shares.

Strategic Wealth Advisors Groupinc increased Ishares Tr (IWB) stake by 3,029 shares to 24,932 valued at $3.49M in 2017Q3. It also upped Vanguard Bd Index Fd Inc (BND) stake by 71,516 shares and now owns 246,255 shares. Goldman Sachs Etf Tr was raised too.

Since August 28, 2017, it had 0 buys, and 3 sales for $89,365 activity. 610 Verizon Communications Inc. (NYSE:VZ) shares with value of $29,658 were sold by SILLIMAN CRAIG L..

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on January, 23. They expect $0.88 earnings per share, up 2.33% or $0.02 from last year’s $0.86 per share. VZ’s profit will be $3.59B for 14.73 P/E if the $0.88 EPS becomes a reality. After $0.98 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -10.20% negative EPS growth.

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 63 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, October 20 the stock rating was maintained by Bank of America with “Buy”. The firm has “Outperform” rating given on Wednesday, September 30 by RBC Capital Markets. Macquarie Research maintained Verizon Communications Inc. (NYSE:VZ) rating on Thursday, June 15. Macquarie Research has “Hold” rating and $4900 target. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Neutral” rating by Macquarie Research on Tuesday, April 5. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Friday, May 26 by RBC Capital Markets. The firm has “Hold” rating by Barclays Capital given on Friday, July 14. Oppenheimer maintained Verizon Communications Inc. (NYSE:VZ) on Thursday, July 27 with “Hold” rating. Argus Research maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, October 21. Argus Research has “Buy” rating and $53 target. On Wednesday, October 11 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Neutral” rating given on Wednesday, October 21 by Citigroup.

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