Verizon Communications (VZ) Stock Declined While Ing Groep Nv Has Upped Its Stake; Cheniere Energy (LNG) Stock Price Rose While Old West Investment Management Lowered Its Position by $3.10 Million

June 20, 2018 - By Peter Kolinski

Verizon Communications Inc. (NYSE:VZ) Logo

Ing Groep Nv increased its stake in Verizon Communications Inc (VZ) by 93.09% based on its latest 2018Q1 regulatory filing with the SEC. Ing Groep Nv bought 285,530 shares as the company’s stock declined 1.16% with the market. The institutional investor held 592,245 shares of the telecommunications equipment company at the end of 2018Q1, valued at $28.32 million, up from 306,715 at the end of the previous reported quarter. Ing Groep Nv who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $200.40 billion market cap company. The stock increased 2.19% or $1.04 during the last trading session, reaching $48.5. About 25.07M shares traded or 63.20% up from the average. Verizon Communications Inc. (NYSE:VZ) has risen 7.08% since June 20, 2017 and is uptrending. It has underperformed by 5.49% the S&P500. Some Historical VZ News: 13/04/2018 – VERIZON COMMUNICATIONS INC REPORTS 9.3 PCT PASSIVE STAKE IN HELIOS AND MATHESON ANALYTICS INC AS OF APRIL 4, 2018 – SEC FILING; 30/04/2018 – The insane bidding emphasized that Sprint and T-Mobile would have a difficult time competing with AT&T and Verizon on future spectrum auctions; 08/03/2018 – Google defeats Zombie Go Boom ‘Adpocalypse’ lawsuit; 05/03/2018 – VERIZON: SEPARATE OFFERS TO PURCHASE UP TO $1.5B OF NOTES; 15/05/2018 – VERIZON CEO LOWELL MCADAM ENDS APPEARANCE ON CNBC; 29/04/2018 – T-Mobile seals blockbuster merger deal with Sprint, creating a ‘fierce competitor’ to AT&T, Verizon; 19/03/2018 – Verizon announces increase to waterfall cap, early participation results, and early settlement for tender offers for 13 series; 24/04/2018 – Verizon Sees FY Capital Spending $17 Billion to $17.8 Billion; 13/03/2018 – S&PGR Assigns Verizon Owner Trust 2018-1 Notes Ratings; 15/05/2018 – ANALYSIS-MoviePass: the unicorn that jumped into Wall St too soon

Old West Investment Management Llc decreased its stake in Cheniere Energy Inc (LNG) by 35.51% based on its latest 2018Q1 regulatory filing with the SEC. Old West Investment Management Llc sold 58,498 shares as the company’s stock rose 10.47% while stock markets declined. The hedge fund held 106,225 shares of the public utilities company at the end of 2018Q1, valued at $5.68 million, down from 164,723 at the end of the previous reported quarter. Old West Investment Management Llc who had been investing in Cheniere Energy Inc for a number of months, seems to be less bullish one the $16.12B market cap company. The stock decreased 0.26% or $0.17 during the last trading session, reaching $64.95. About 3.04M shares traded or 34.61% up from the average. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 23.75% since June 20, 2017 and is uptrending. It has outperformed by 11.18% the S&P500. Some Historical LNG News: 15/05/2018 – Cheniere Partners With the D10 to Showcase Houston’s Athleticism, Philanthropy; 22/05/2018 – Cheniere moves ahead with Corpus Christi LNG expansion; 04/05/2018 – CHENIERE ENERGY CEO JACK FUSCO COMMENTS ON CONFERENCE CALL; 21/03/2018 – Cheniere Sabine Pass LNG Tanker Tracker for March 21 (Table); 07/03/2018 – Cheniere Has Opened Beijing Office — CERAWeek Market Talk; 28/03/2018 – Cheniere Is Said to Seek $6.4 Billion in Debt for Next LNG Wave; 05/03/2018 – FREEPORT LNG CEO MICHAEL SMITH SPEAKS AT CERAWEEK; 17/05/2018 – CHENIERE ENERGY INC – PROPOSED DEAL CONSIDERATION REPRESENTS A VALUE OF $28.24 PER COMMON SHARE OF CHENIERE PARTNERS HOLDINGS; 04/05/2018 – CHENIERE AHEAD OF SCHEDULE ON 3 LNG TRAINS UNDER CONSTRUCTION; 17/05/2018 – Cheniere Energy Offers to Acquire the Publicly Held Shrs of Cheniere Partners Holdings Not Already Owned by Cheniere in a Stk for Stk Exchange

Since February 13, 2018, it had 0 insider purchases, and 2 selling transactions for $444,552 activity.

Among 32 analysts covering Verizon Communications Inc. (NYSE:VZ), 16 have Buy rating, 0 Sell and 16 Hold. Therefore 50% are positive. Verizon Communications Inc. had 86 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $50.0 target in Sunday, September 17 report. As per Wednesday, April 25, the company rating was upgraded by SunTrust. Moffet Nathanson downgraded the stock to “Neutral” rating in Friday, April 1 report. The stock of Verizon Communications Inc. (NYSE:VZ) has “Outperform” rating given on Monday, November 20 by Wells Fargo. As per Wednesday, April 25, the company rating was maintained by Jefferies. On Wednesday, January 25 the stock rating was downgraded by FBR Capital to “Mkt Perform”. Oppenheimer maintained the shares of VZ in report on Thursday, July 27 with “Hold” rating. The firm earned “Sector Perform” rating on Monday, July 31 by RBC Capital Markets. Robert W. Baird maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, January 24. Robert W. Baird has “Hold” rating and $52.0 target. J.P. Morgan upgraded it to “Buy” rating and $5800 target in Friday, May 11 report.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Mix and match your unlimited plans” on June 14, 2018, also Seekingalpha.com with their article: “Verizon: We Don’t Know About Vestberg, But Dividend Remains Well Covered” published on June 12, 2018, Globenewswire.com published: “John Stratton to retire from Verizon by end of 2018” on June 08, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Seekingalpha.com and their article: “CenturyLink’s Yield Is A Red Flag – Cramer’s Lightning Round (6/18/18)” published on June 19, 2018 as well as 247Wallst.com‘s news article titled: “6 Most Important Things in Business Today” with publication date: June 20, 2018.

Ing Groep Nv, which manages about $5.88B and $5.52B US Long portfolio, decreased its stake in General Mtrs Co (NYSE:GM) by 107,534 shares to 14,015 shares, valued at $509,000 in 2018Q1, according to the filing. It also reduced its holding in Lowes Cos Inc (NYSE:LOW) by 54,911 shares in the quarter, leaving it with 4,300 shares, and cut its stake in Arcelormittal Sa Luxembourg.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.05, from 1.02 in 2017Q4. It turned negative, as 69 investors sold VZ shares while 675 reduced holdings. 132 funds opened positions while 593 raised stakes. 2.55 billion shares or 0.58% more from 2.54 billion shares in 2017Q4 were reported. Cls Investments Limited Liability Com holds 556 shares or 0% of its portfolio. Kidder Stephen W invested 0.08% of its portfolio in Verizon Communications Inc. (NYSE:VZ). The California-based Neumann Management Lc has invested 1.33% in Verizon Communications Inc. (NYSE:VZ). Virginia-based Union Financial Bank has invested 2.02% in Verizon Communications Inc. (NYSE:VZ). 6.10 million are held by Eaton Vance Management. Oxbow Advsrs Ltd Company holds 0.27% or 27,589 shares. Millennium Ltd Company owns 1.61M shares or 0.1% of their US portfolio. Barclays Plc holds 0.32% in Verizon Communications Inc. (NYSE:VZ) or 8.74 million shares. Endurance Wealth owns 0.08% invested in Verizon Communications Inc. (NYSE:VZ) for 10,485 shares. Los Angeles Cap & Equity Incorporated has invested 0.36% in Verizon Communications Inc. (NYSE:VZ). Sfe Inv Counsel stated it has 13,740 shares or 0.34% of all its holdings. Moreover, Inverness Counsel Limited has 0.12% invested in Verizon Communications Inc. (NYSE:VZ). Hodges Capital Mngmt invested in 0.22% or 57,393 shares. Amica Mutual Insur stated it has 1.02% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Advisory Serv Ltd Liability Company holds 139,891 shares or 0.53% of its portfolio.

More important recent Cheniere Energy, Inc. (NYSEAMERICAN:LNG) news were published by: Investorplace.com which released: “6 Energy Stocks That Crushed Estimates This Earnings Season” on May 23, 2018, also Finance.Yahoo.com published article titled: “Chesapeake Energy Corporation Stock Will Return From Oblivion”, Nasdaq.com published: “3 Potential Takeover Targets” on June 15, 2018. More interesting news about Cheniere Energy, Inc. (NYSEAMERICAN:LNG) was released by: 247Wallst.com and their article: “Cheniere Energy Acquires Subsidiary With an Eye to Its Own MLP” with publication date: June 19, 2018.

Old West Investment Management Llc, which manages about $207.40M and $173.47 million US Long portfolio, upped its stake in Seritage Growth Properties by 36,236 shares to 62,712 shares, valued at $2.23M in 2018Q1, according to the filing. It also increased its holding in Allergan Plc by 4,156 shares in the quarter, for a total of 6,591 shares, and has risen its stake in Goldcorp Inc (NYSE:GG).

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.02, from 1.07 in 2017Q4. It dropped, as 31 investors sold LNG shares while 114 reduced holdings. 52 funds opened positions while 100 raised stakes. 222.00 million shares or 0.86% less from 223.92 million shares in 2017Q4 were reported. Nwq Inv Mngmt has invested 0.97% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Horizon Kinetics Limited has invested 0.01% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Arizona State Retirement System stated it has 0.02% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Adage Capital Ptnrs Grp Inc Limited Company owns 350,000 shares. Quantbot Technology Lp holds 0.13% or 28,309 shares in its portfolio. Ontario – Canada-based Jones Collombin Counsel has invested 0% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Creative Planning reported 0% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Stifel Corporation holds 0.01% or 43,614 shares. Hanson Mcclain accumulated 0% or 37 shares. 400 were reported by Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma. Commerzbank Aktiengesellschaft Fi reported 270,945 shares stake. Invesco Ltd invested 0.02% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Barclays Public Limited Co owns 180,454 shares. Sumitomo Mitsui Tru Incorporated has 576,942 shares for 0.04% of their portfolio. Aldebaran has 47,945 shares.

Since January 2, 2018, it had 0 buys, and 1 insider sale for $315,760 activity.

Among 9 analysts covering Cheniere Energy Inc (NYSEMKT:LNG), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Cheniere Energy Inc had 13 analyst reports since July 23, 2015 according to SRatingsIntel. Credit Suisse initiated the stock with “Outperform” rating in Wednesday, August 5 report. The stock of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) has “Accumulate” rating given on Thursday, July 23 by Global Hunter Securities. Bernstein initiated the stock with “Market Perform” rating in Wednesday, May 11 report. The stock of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) has “Outperform” rating given on Wednesday, February 8 by Wells Fargo. The rating was upgraded by Howard Weil on Tuesday, June 14 to “Sector Outperform”. As per Wednesday, January 13, the company rating was upgraded by Citigroup. Barclays Capital maintained the shares of LNG in report on Tuesday, September 6 with “Overweight” rating. As per Tuesday, February 23, the company rating was upgraded by Goldman Sachs. Barclays Capital maintained Cheniere Energy, Inc. (NYSEAMERICAN:LNG) on Monday, October 12 with “Overweight” rating.

Verizon Communications Inc. (NYSE:VZ) Institutional Positions Chart

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