As Verizon Communications (VZ) Stock Price Declined, Northeast Financial Consultants Boosted Its Position by $1.11 Million; Wells Fargo Co New (WFC) Shareholder Sunbelt Securities Boosted Its Holding

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Northeast Financial Consultants Inc increased its stake in Verizon Communications Inc (VZ) by 344.52% based on its latest 2018Q4 regulatory filing with the SEC. Northeast Financial Consultants Inc bought 19,741 shares as the company’s stock declined 6.36% while stock markets rallied. The institutional investor held 25,471 shares of the telecommunications equipment company at the end of 2018Q4, valued at $1.43 million, up from 5,730 at the end of the previous reported quarter. Northeast Financial Consultants Inc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $237.34 billion market cap company. The stock increased 1.61% or $0.91 during the last trading session, reaching $57.44. About 6.50 million shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 17.26% since March 11, 2018 and is uptrending. It has outperformed by 12.89% the S&P500. Some Historical VZ News: 30/05/2018 – Verizon Holds onto Mobile Performance Awards in San Francisco According to a New RootMetrics Report; 14/05/2018 – VERIZON CTO HANS VESTBERG CONCLUDES TALK AT INVESTOR CONFERENCE; 24/04/2018 – Verizon beats on earnings, spurred by growth in wireless business; 07/03/2018 – Paysafe Gears Up for an Exciting 2018 Verizon lndyCar Series Season; 19/03/2018 – Verizon announces increase to waterfall cap, accepted amounts and pricing terms of its tender offers for 13 series of notes; 24/04/2018 – Verizon 1Q Wireless Retail Postpaid Churn 1.04%; 30/04/2018 – T-Mobile really wanted to acquire Straight Path for 5G spectrum, according to people familiar. But, once a bidding war broke out with Verizon and AT&T, it decided it wasn’t going to win; 11/04/2018 – Verizon Organization Envrmnt Debuts AR Tool for Mobile Experiences; 07/05/2018 – VERIZON FILES FOR $730M 5.32% NOTES DUE 2053 VIA BNPP, DB; 10/04/2018 – Ransomware still a top cybersecurity threat, warns Verizon 2018 Data Breach Investigations Report

Sunbelt Securities Inc increased its stake in Wells Fargo Co New (WFC) by 37.64% based on its latest 2018Q4 regulatory filing with the SEC. Sunbelt Securities Inc bought 7,859 shares as the company’s stock declined 7.80% while stock markets rallied. The institutional investor held 28,738 shares of the major banks company at the end of 2018Q4, valued at $1.32M, up from 20,879 at the end of the previous reported quarter. Sunbelt Securities Inc who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $226.74B market cap company. The stock increased 0.08% or $0.04 during the last trading session, reaching $49.84. About 10.09 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 12.56% since March 11, 2018 and is downtrending. It has underperformed by 16.93% the S&P500. Some Historical WFC News: 26/04/2018 – Trinseo Presenting at Wells Fargo Industrials Conference May 9; 17/04/2018 – The Tornado News: #BREAKING: Jennifer Riordan, Vice President of community relations at Wells Fargo in New Mexico is among the; 25/04/2018 – TEXAS ROADHOUSE INC TXRH.O : WELLS FARGO RAISES TARGET PRICE TO $58 FROM $52; 10/04/2018 – SOFTBANK CONTROL ISSUE W/ TMUS LIKELY STILL EXISTS: WELLS FARGO; 06/03/2018 – THE WALKING COMPANY HOLDINGS – WELLS FARGO BANK PROVIDING $50 MLN IN DIP/EXIT FINANCING TO SUPPORT OPS; 24/05/2018 – Bitfinex Said to Find Bank in Puerto Rico After Wells Fargo Exit; 29/03/2018 – Wells Fargo thinks that talk of regulating tech firms is overblown; 06/04/2018 – MEDIA-Wells Fargo called out by Teachers union over gun industry ties- Bloomberg; 23/04/2018 – Wells Fargo Finds No Escape From Protests With Meeting in Iowa; 17/05/2018 – WELLS FARGO EMPLOYEES ALTERED INFORMATION ON BUSINESS CUSTOMERS’ DOCUMENTS- WSJ, CITING

Investors sentiment decreased to 0.53 in Q4 2018. Its down 0.25, from 0.78 in 2018Q3. It fall, as 101 investors sold WFC shares while 748 reduced holdings. 113 funds opened positions while 337 raised stakes. 3.41 billion shares or 1.32% less from 3.46 billion shares in 2018Q3 were reported. Benedict Financial Advsrs, Georgia-based fund reported 4,681 shares. Tru Department Mb Bancshares N A, Illinois-based fund reported 3,813 shares. Delta Asset Mgmt Llc Tn owns 460,450 shares. Van Strum Towne Inc holds 0.36% or 9,230 shares. Halbert Hargrove Russell Limited Com invested in 11,025 shares. Holderness Invests Company holds 0.7% or 27,958 shares. Eagle Global Advsr Lc has 111,625 shares for 0.22% of their portfolio. Boys Arnold Company stated it has 0.24% of its portfolio in Wells Fargo & Company (NYSE:WFC). The Wisconsin-based Mason Street Advsr Limited Liability Co has invested 0.68% in Wells Fargo & Company (NYSE:WFC). Smead Mngmt invested in 3.03% or 1.26 million shares. State Of New Jersey Common Pension Fund D stated it has 4.20M shares or 0.83% of all its holdings. Cannell Peter B Commerce stated it has 26,249 shares. Nippon Life Americas holds 0.95% or 238,520 shares. State Of Wisconsin Board owns 0.91% invested in Wells Fargo & Company (NYSE:WFC) for 6.03M shares. Quantres Asset Limited owns 75,000 shares for 2.13% of their portfolio.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Benzinga.com which released: “Moody’s: Leveraged Loan Market Creating Risks For US Banks (NYSE:WFC)(NYSE:GS)(NYSE:BAC) – Benzinga” on February 20, 2019, also Bizjournals.com with their article: “Exclusive: Hot startup makes key hires as it finds new avenues of growth – San Francisco Business Times” published on February 28, 2019, Bizjournals.com published: “Warren Buffett discusses ‘disaster’ contributing to Bay Area exodus in CNBC interview – San Francisco Business Times” on February 26, 2019. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Seekingalpha.com and their article: “Wells Fargo: Buy Or Sell? – Seeking Alpha” published on September 30, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking Warren Buffett’s Berkshire Hathaway Portfolio – Q4 2018 Update – Seeking Alpha” with publication date: February 15, 2019.

Sunbelt Securities Inc, which manages about $158.18 million and $171.66 million US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 3,103 shares to 27,980 shares, valued at $2.73M in 2018Q4, according to the filing. It also reduced its holding in Ishares Tr (IDV) by 73,107 shares in the quarter, leaving it with 27,278 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

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