Crescent Point Energy Corp. (CPG) Shareholder Lincluden Management LTD Has Lifted Its Position by $6.52 Million; Roffman Miller Associates Has Raised Holding in Verizon Communications (VZ) by $894,348 as Share Value Declined

January 14, 2018 - By reb123z

Roffman Miller Associates Inc increased its stake in Verizon Communications (VZ) by 5.86% based on its latest 2017Q3 regulatory filing with the SEC. Roffman Miller Associates Inc bought 18,252 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 329,786 shares of the telecommunications equipment company at the end of 2017Q3, valued at $16.32 million, up from 311,534 at the end of the previous reported quarter. Roffman Miller Associates Inc who had been investing in Verizon Communications for a number of months, seems to be bullish on the $211.56 billion market cap company. The stock decreased 0.48% or $0.25 during the last trading session, reaching $51.86. About 17.67 million shares traded or 5.69% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 14, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Lincluden Management Ltd increased its stake in Crescent Point Energy Corp. (CPG) by 19.66% based on its latest 2017Q3 regulatory filing with the SEC. Lincluden Management Ltd bought 815,095 shares as the company’s stock declined 20.31% while stock markets rallied. The institutional investor held 4.96 million shares of the oil & gas production company at the end of 2017Q3, valued at $39.86 million, up from 4.15 million at the end of the previous reported quarter. Lincluden Management Ltd who had been investing in Crescent Point Energy Corp. for a number of months, seems to be bullish on the $4.84 billion market cap company. The stock decreased 0.88% or $0.08 during the last trading session, reaching $9.01. About 1.45M shares traded. Crescent Point Energy Corp. (NYSE:CPG) has declined 40.46% since January 14, 2017 and is downtrending. It has underperformed by 57.16% the S&P500.

Among 4 analysts covering Crescent Point Energy (NYSE:CPG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Crescent Point Energy had 7 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Dundee Securities on Friday, November 11. The stock has “Equal Weight” rating by Barclays Capital on Wednesday, July 22. The rating was upgraded by Barclays Capital to “Overweight” on Friday, July 22. UBS downgraded the stock to “Buy” rating in Friday, August 14 report. The stock of Crescent Point Energy Corp. (NYSE:CPG) has “Neutral” rating given on Friday, September 9 by Dundee Securities. The rating was upgraded by Barclays Capital to “Overweight” on Thursday, October 29.

Lincluden Management Ltd, which manages about $1.29B US Long portfolio, decreased its stake in Royal Dutch Shell by 18,215 shares to 193,160 shares, valued at $11.70M in 2017Q3, according to the filing. It also reduced its holding in Camden Property Trust (NYSE:CPT) by 25,825 shares in the quarter, leaving it with 41,645 shares, and cut its stake in Teck Resources Ltd. (NYSE:TCK).

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.38, from 0.65 in 2017Q2. It increased, as 17 investors sold CPG shares while 41 reduced holdings. 11 funds opened positions while 49 raised stakes. 215.30 million shares or 1.60% more from 211.91 million shares in 2017Q2 were reported. Bankshares Of Ny Mellon accumulated 0% or 610,776 shares. Cibc World Mkts Inc reported 0.28% in Crescent Point Energy Corp. (NYSE:CPG). Toronto Dominion Natl Bank holds 0.02% or 820,631 shares in its portfolio. Northern Trust has invested 0% of its portfolio in Crescent Point Energy Corp. (NYSE:CPG). Guardian Cap Advsr LP holds 192,084 shares or 0.24% of its portfolio. Gulf International Commercial Bank (Uk) stated it has 0.02% in Crescent Point Energy Corp. (NYSE:CPG). Comml Bank Of Nova Scotia accumulated 1.69 million shares. Reilly Fin Ltd reported 0% in Crescent Point Energy Corp. (NYSE:CPG). Connor Clark And Lunn Invest Mgmt Ltd reported 5.93 million shares. 627,297 were accumulated by Hsbc Pcl. Next Group Incorporated Incorporated, a Texas-based fund reported 2,000 shares. Virginia Retirement Sys Et Al has invested 0.01% in Crescent Point Energy Corp. (NYSE:CPG). Scheer Rowlett & Mgmt has 1.21% invested in Crescent Point Energy Corp. (NYSE:CPG) for 2.54 million shares. Royal Natl Bank Of Canada accumulated 0.12% or 30.25M shares. Hexavest reported 434,485 shares.

Roffman Miller Associates Inc, which manages about $833.24 million and $758.50M US Long portfolio, decreased its stake in Technipfmc by 11,995 shares to 27,288 shares, valued at $762,000 in 2017Q3, according to the filing.

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It is flat, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. Winfield Associate has 7,482 shares. Sentinel Trust Communication Lba accumulated 63,682 shares. Reaves W H And, New Jersey-based fund reported 1.56M shares. Livforsakringsbolaget Skandia Omsesidigt reported 1.16% stake. Laurion Capital Mngmt Limited Partnership holds 0% or 5,200 shares. Factory Mutual Insurance invested 0.76% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Bancorp Of Nova Scotia reported 1.03 million shares stake. Martingale Asset LP stated it has 0.16% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Washington Com invested 0.88% in Verizon Communications Inc. (NYSE:VZ). Alphaone Invest Svcs Ltd Liability Com owns 10,284 shares or 0.14% of their US portfolio. Moreover, Birinyi Assocs Inc has 0.61% invested in Verizon Communications Inc. (NYSE:VZ) for 26,047 shares. Pinnacle Prtnrs invested in 142,729 shares. Natixis Asset Management holds 0.14% or 33,408 shares. Moreover, First Bank & Trust Of Hutchinson has 0.15% invested in Verizon Communications Inc. (NYSE:VZ) for 4,908 shares. Meiji Yasuda Life Ins holds 0.68% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 93,947 shares.

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. The firm earned “Neutral” rating on Monday, March 14 by Citigroup. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Outperform” rating by RBC Capital Markets on Wednesday, September 30. On Wednesday, July 20 the stock rating was downgraded by Oppenheimer to “Perform”. On Monday, January 23 the stock rating was downgraded by Wells Fargo to “Market Perform”. The stock of Verizon Communications Inc. (NYSE:VZ) has “Buy” rating given on Monday, October 24 by Drexel Hamilton. The stock of Verizon Communications Inc. (NYSE:VZ) has “Outperform” rating given on Wednesday, October 21 by FBR Capital. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, July 31. Oppenheimer maintained Verizon Communications Inc. (NYSE:VZ) on Thursday, July 27 with “Hold” rating. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Wednesday, January 25. As per Thursday, June 15, the company rating was maintained by Macquarie Research.

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