Verizon (VZ) Market Valuation Rose While Excalibur Management Has Lowered Its Stake by $1.01 Million; Factory Mutual Insurance Company Lowered Stake in Merck & Co (MRK) as Shares Rose

Merck & Co., Inc. (NYSE:MRK) Logo

Factory Mutual Insurance Company decreased its stake in Merck & Co Inc (MRK) by 13.41% based on its latest 2018Q3 regulatory filing with the SEC. Factory Mutual Insurance Company sold 113,300 shares as the company’s stock rose 11.30% while stock markets declined. The institutional investor held 731,437 shares of the health care company at the end of 2018Q3, valued at $51.89M, down from 844,737 at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Merck & Co Inc for a number of months, seems to be less bullish one the $209.96 billion market cap company. It closed at $80.74 lastly. It is down 41.35% since February 27, 2018 and is uptrending. It has outperformed by 41.35% the S&P500. Some Historical MRK News: 06/03/2018 – Faster, more convenient Opdivo dosing schedules gives Bristol-Myers added edge in battle of the PD-1 blockbusters with Merck $BMY $MRK; 16/03/2018 – Massachusetts court: Merck can be sued over generic drug injury; 27/04/2018 – MERCK INDIA 1Q REV. 3B RUPEES; 19/04/2018 – P&G also agrees to buy the consumer health business of Merck for about $4.2 billion; 02/05/2018 – MERCK KGAA TO DEVELOP ABITUZUMAB WITH SFJ PHARMACEUTICALS GROUP; 06/04/2018 – INCYTE & MERCK & CO. EPACADOSTAT STUDY DID NOT MEET ENDPOINT; 09/03/2018 – Onglyza Heart Failure Lawsuits Move Forward, As Federal Litigation Issues First Practice and Procedure Order, Bernstein Liebhard LLP Reports; 16/05/2018 – PHASE lll IMPOWER150 STUDY SHOWED GENENTECH’S TECENTRIQ AND AVASTIN PLUS CARBOPLATIN AND PACLITAXEL HELPED PEOPLE WITH A SPECIFIC TYPE OF METASTATIC LUNG CANCER LIVE SIGNIFICANTLY LONGER COMPARED TO…; 08/05/2018 – OncoSec Expands Relationship with Merck, Announces Clinical Collaboration to Evaluate Combination of lmmunoPulse® IL-12 and KEYTRUDA® (pembrolizumab) for Triple Negative Breast Cancer; 17/05/2018 – Roche Announces Positive Results From Phase III Trial on Tecentriq, Avastin and Two Drugs

Excalibur Management Corp decreased its stake in Verizon (VZ) by 12.95% based on its latest 2018Q3 regulatory filing with the SEC. Excalibur Management Corp sold 19,090 shares as the company’s stock rose 7.67% while stock markets declined. The institutional investor held 128,347 shares of the telecommunications equipment company at the end of 2018Q3, valued at $6.85M, down from 147,437 at the end of the previous reported quarter. Excalibur Management Corp who had been investing in Verizon for a number of months, seems to be less bullish one the $233.36 billion market cap company. The stock decreased 0.29% or $0.17 during the last trading session, reaching $56.47. About 2.21M shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 15.57% since February 27, 2018 and is uptrending. It has outperformed by 15.57% the S&P500. Some Historical VZ News: 07/03/2018 – Verizon Connect Delivers Factory-Fit Telematics for Ram Commercial Trucks Through Exclusive Partnership; 10/04/2018 – Ransomware still a top cybersecurity threat, warns Verizon 2018 Data Breach Investigations Report; 18/05/2018 – U.S. FEDERAL COMMUNICATIONS COMMISSION INVESTIGATING REPORTED FLAW IN CELL PHONE LOCATION TRACKING WEBSITE LOCATIONSMART -STATEMENT; 24/04/2018 – VERIZON – SEES FULL-YEAR CONSOLIDATED REVENUE GROWTH AT LOW SINGLE-DIGIT PERCENTAGE RATES ON A GAAP REPORTED BASIS; 24/04/2018 – Verizon Sees FY Effective Tax Rate 24% to 26%; 20/04/2018 – U.S. SAID TO INVESTIGATE AT&T AND VERIZON OVER WIRELESS COLLUSION CLAIM – NYT , CITING; 07/03/2018 – VERIZON’S DUNNE: CONSUMER BUYING SHIFTING TO SERVICE FROM PHONE; 25/04/2018 – Dubai’s Delta Partners Hires Ex-Verizon Strategy Chief Chestnutt; 20/04/2018 – AT&T, Verizon Said to Face U.S. Probe Over Mobile Technology; 05/03/2018 – Verizon announces tender offers for 13 series of notes

Investors sentiment increased to 1.3 in Q3 2018. 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. 33,604 are owned by Carroll. Hennessy Advisors Inc has invested 0.53% in Verizon Communications Inc. (NYSE:VZ). Kbc Gru Nv has invested 0.36% in Verizon Communications Inc. (NYSE:VZ). Credit Suisse Ag holds 0.33% or 6.84M shares in its portfolio. Beutel Goodman And reported 5.54M shares. 3,387 are owned by Parallax Volatility Advisers Limited Partnership. Evermay Wealth Mgmt Ltd holds 0.23% in Verizon Communications Inc. (NYSE:VZ) or 13,541 shares. Gilman Hill Asset Mngmt reported 101,695 shares. Dalton Greiner Hartman Maher & Co holds 1.06% or 397,554 shares. Essex Fin Services Inc reported 56,217 shares stake. Hillsdale Invest Mngmt, a Ontario – Canada-based fund reported 940 shares. Kempen Capital Management Nv holds 398,925 shares. Jump Trading Ltd Com invested in 16,988 shares or 0.05% of the stock. Chilton Capital Ltd Llc invested 0.07% in Verizon Communications Inc. (NYSE:VZ). Smith Moore stated it has 33,224 shares or 0.4% of all its holdings.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Introducing the Samsung Galaxy S10 on Verizon – GlobeNewswire” on February 20, 2019, also Seekingalpha.com with their article: “Reviewing Verizon – Seeking Alpha” published on February 25, 2019, Seekingalpha.com published: “Verizon: Spinning Wheels – Seeking Alpha” on February 21, 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: “Strong wireless customer growth and loyalty highlight Verizon’s 4Q results – GlobeNewswire” with publication date: January 29, 2019.

Factory Mutual Insurance Company, which manages about $9.63 billion US Long portfolio, upped its stake in Boeing Co (NYSE:BA) by 7,300 shares to 221,400 shares, valued at $82.34 million in 2018Q3, according to the filing. It also increased its holding in 3M Co (NYSE:MMM) by 4,000 shares in the quarter, for a total of 126,300 shares, and has risen its stake in Agilent Technologies Inc (NYSE:A).

Investors sentiment decreased to 0.93 in Q3 2018. Its down 0.07, from 1 in 2018Q2. It worsened, as 41 investors sold MRK shares while 628 reduced holdings. 132 funds opened positions while 490 raised stakes. 1.87 billion shares or 0.48% less from 1.88 billion shares in 2018Q2 were reported. Mckinley Cap Mgmt Limited Liability Corp Delaware holds 15,513 shares. State Bank Of Montreal Can reported 4.37M shares or 0.24% of all its holdings. Forbes J M & Llp accumulated 156,424 shares. Calamos Advsrs Ltd Liability reported 0.33% stake. Nuveen Asset Management Lc accumulated 0.1% or 269,325 shares. Barclays Public Ltd accumulated 0.26% or 5.36M shares. Crawford Counsel accumulated 1.39 million shares. Aviva Public Lc holds 1.76M shares. Bridgecreek Lc invested 0.05% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Pictet North America Advsrs holds 0.1% or 10,455 shares in its portfolio. Barbara Oil reported 2.6% stake. 23,378 are owned by Burke And Herbert Comml Bank And Trust. 87.30 million are held by Cap Investors. Department Mb National Bank N A holds 0.04% or 5,444 shares. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma has 90,192 shares.

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

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