Frontier Investment Mgmt Company Has Cut Its Position in Patterson (PTEN) as Share Price Declined; Verizon Communications (VZ) Shareholder Hamilton Point Investment Advisors Has Raised Holding by $814,610

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Frontier Investment Mgmt Company decreased its stake in Patterson (PTEN) by 51.1% based on its latest 2018Q3 regulatory filing with the SEC. Frontier Investment Mgmt Company sold 30,000 shares as the company’s stock declined 22.31% with the market. The institutional investor held 28,705 shares of the energy company at the end of 2018Q3, valued at $491,000, down from 58,705 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Patterson for a number of months, seems to be less bullish one the $2.98 billion market cap company. The stock increased 0.65% or $0.09 during the last trading session, reaching $13.98. About 2.72M shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has declined 41.72% since February 24, 2018 and is downtrending. It has underperformed by 41.72% the S&P500. Some Historical PTEN News: 26/04/2018 – PATTERSON-UTI ENERGY INC PTEN.O – CAPEX BUDGET FOR 2018 REMAINS UNCHANGED AT APPROXIMATELY $675 MLN

Hamilton Point Investment Advisors Llc increased its stake in Verizon Communications Inc (VZ) by 40.13% based on its latest 2018Q3 regulatory filing with the SEC. Hamilton Point Investment Advisors Llc bought 15,370 shares as the company’s stock rose 7.67% while stock markets declined. The institutional investor held 53,666 shares of the telecommunications equipment company at the end of 2018Q3, valued at $2.87 million, up from 38,296 at the end of the previous reported quarter. Hamilton Point Investment Advisors Llc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $235.20 billion market cap company. The stock increased 1.37% or $0.77 during the last trading session, reaching $56.92. About 12.53 million shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 15.57% since February 24, 2018 and is uptrending. It has outperformed by 15.57% the S&P500. Some Historical VZ News: 05/03/2018 Moody’s: Tax Overhaul Will Boost Cash Flows For At&T And Verizon; 13/03/2018 – Cal EMA Spills: SPILL Report – Verizon Wireless – 03/13/2018 01:49 PM; 24/04/2018 – Verizon earnings: $1.17 per share, vs $1.10 EPS expected; 17/04/2018 – Strategy Analytics: Sprint’s FlixLatino Partnership Underlines a Different Path in Video to AT&T, T-Mobile and Verizon; 18/04/2018 – Oath Hires Former Alibaba Group Executive as President & COO; 24/04/2018 – VERIZON – EXPECTED SAVINGS FROM TAX REFORM WILL GENERATE A NET $3.5 BLN TO $4 BLN UPLIFT TO CASH FLOW FROM OPERATIONS IN 2018; 08/03/2018 – IN House Dems: Argos native Libby Moyer named Verizon Scholarship winner in 2018 session of General Assembly; 18/04/2018 – Verizon Names K. Guru Gowrappan as Oath President and Oper Chief; 30/04/2018 – Can T-Mobile/Sprint Compete With Verizon and AT&T (Video); 06/03/2018 – LAUNCH: Verizon $1.182b+ Device Payment Plan ABS

More notable recent Patterson-UTI Energy, Inc. (NASDAQ:PTEN) news were published by: which released: “Earnings Scheduled For February 7, 2019 – Benzinga” on February 07, 2019, also Nasdaq.com with their article: “Patterson-UTI Energy, Inc. (PTEN) Ex-Dividend Date Scheduled for September 05, 2018 – Nasdaq” published on September 04, 2018, Nasdaq.com published: “This Dirt Cheap Oil Stock Faces Some Major Challenges in 2019 – Nasdaq” on February 12, 2019. More interesting news about Patterson-UTI Energy, Inc. (NASDAQ:PTEN) were released by: and their article: “Jim Cramer Gives His Opinion On AbbVie, Idexx Labs And More – Yahoo! Finance News” published on January 30, 2019 as well as ‘s news article titled: “Credit Suisse, Seaport Upgrade Patterson-UTI (NASDAQ:PTEN) After Stock Decline – Benzinga” with publication date: July 29, 2018.

Investors sentiment decreased to 0.93 in Q3 2018. Its down 0.23, from 1.16 in 2018Q2. It is negative, as 31 investors sold PTEN shares while 94 reduced holdings. 24 funds opened positions while 92 raised stakes. 199.36 million shares or 1.11% less from 201.61 million shares in 2018Q2 were reported. Moreover, Aqr Capital has 0.06% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 3.38 million shares. Davenport And Limited Liability Company holds 0% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 11,101 shares. 64,900 were accumulated by South Dakota Investment Council. Nikko Asset Management Americas holds 0.18% or 377,479 shares in its portfolio. Ironwood Investment Management Ltd Limited Liability Company has invested 0.16% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Landscape Cap Mgmt Ltd Liability Corp, a New Jersey-based fund reported 11,100 shares. New York State Teachers Retirement Systems owns 264,811 shares for 0.01% of their portfolio. Mackay Shields Ltd Liability Corporation invested in 0.05% or 393,133 shares. Price T Rowe Associate Md has invested 0% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Energy Opportunities Capital Ltd Company accumulated 219,280 shares or 2.9% of the stock. Quantitative Systematic Strategies Llc accumulated 25,595 shares. Canada Pension Plan Investment Board has invested 0% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Metropolitan Life Insurance Co has 0.02% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 62,759 shares. Tygh Cap Mgmt has invested 0.52% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Gam Ag has invested 0.25% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN).

Frontier Investment Mgmt Company, which manages about $1.19 billion and $1.41 billion US Long portfolio, upped its stake in Firstenergy Corp (NYSE:FE) by 44,498 shares to 280,146 shares, valued at $10.41M in 2018Q3, according to the filing. It also increased its holding in Chimera Investment Corp Pfd Se by 57,145 shares in the quarter, for a total of 469,244 shares, and has risen its stake in Gaming & Leisure Properties (NASDAQ:GLPI).

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Verizon outlines 5G-era growth strategy at investor conference – GlobeNewswire” on February 21, 2019, also Globenewswire.com with their article: “Verizon Communications to report earnings January 29 NYSE:VZ – GlobeNewswire” published on January 28, 2019, Globenewswire.com published: “Verizon adds Alibaba Cloud to its Secure Cloud Interconnect Ecosystem – GlobeNewswire” on February 12, 2019. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: 247Wallst.com and their article: “Did AT&T Beat Out Verizon in Q4? – 24/7 Wall St.” published on January 30, 2019 as well as Globenewswire.com‘s news article titled: “Verizon adds third 5G smartphone in 2019 NYSE:VZ – GlobeNewswire” with publication date: February 24, 2019.

Investors sentiment increased to 1.3 in 2018 Q3. Its up 0.21, from 1.09 in 2018Q2. It increased, as 40 investors sold VZ shares while 569 reduced holdings. 138 funds opened positions while 651 raised stakes. 2.57 billion shares or 0.19% more from 2.56 billion shares in 2018Q2 were reported. Martingale Asset Lp owns 0.31% invested in Verizon Communications Inc. (NYSE:VZ) for 498,238 shares. Tradition Capital Mgmt Limited has 36,036 shares for 0.5% of their portfolio. Richard C Young Company Limited reported 236,969 shares. Marco Investment Mngmt Limited Liability Com holds 1.23% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 161,768 shares. Mariner Ltd Liability Corp owns 178,807 shares for 0.25% of their portfolio. Orca Invest Mgmt Limited Liability Corp has 1.46% invested in Verizon Communications Inc. (NYSE:VZ) for 27,224 shares. Ls Inv Lc, Michigan-based fund reported 128,301 shares. Holt Capital Advsrs Limited Liability Dba Holt Capital Partners Limited Partnership owns 17,724 shares. Montecito Comml Bank & Tru accumulated 40,055 shares. Maple Capital Mgmt Inc accumulated 124,049 shares. Reliance Tru Company Of Delaware accumulated 81,269 shares. Ledyard Financial Bank invested in 0.21% or 34,960 shares. Mcmillion Cap Inc holds 2.24% or 78,697 shares in its portfolio. Argi Svcs Limited Liability reported 55,549 shares. Rench Wealth owns 3.97% invested in Verizon Communications Inc. (NYSE:VZ) for 111,694 shares.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Institutional Positions Chart

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