Private Asset Management Has Boosted Verizon Communications (VZ) Holding; Investar Holding (ISTR) Shorts Increased By 0.62%

Investar Holding Corporation (NASDAQ:ISTR) had an increase of 0.62% in short interest. ISTR’s SI was 275,700 shares in January as released by FINRA. Its up 0.62% from 274,000 shares previously. With 7,100 avg volume, 39 days are for Investar Holding Corporation (NASDAQ:ISTR)’s short sellers to cover ISTR’s short positions. The SI to Investar Holding Corporation’s float is 5.86%. The stock decreased 3.33% or $0.85 during the last trading session, reaching $24.65. About 13,112 shares traded or 3.35% up from the average. Investar Holding Corporation (NASDAQ:ISTR) has risen 48.68% since January 19, 2017 and is uptrending. It has outperformed by 31.98% the S&P500.

Private Asset Management Inc increased Verizon Communications (VZ) stake by 35.66% reported in 2017Q3 SEC filing. Private Asset Management Inc acquired 9,343 shares as Verizon Communications (VZ)’s stock declined 7.66%. The Private Asset Management Inc holds 35,542 shares with $1.76M value, up from 26,199 last quarter. Verizon Communications now has $210.30B valuation. The stock decreased 0.33% or $0.17 during the last trading session, reaching $51.55. About 29.44 million shares traded or 74.52% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 19, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Investar Holding Corporation operates as the bank holding firm for Investar Bank that provides a range of commercial banking products for individuals and small to medium-sized businesses in South Louisiana. The company has market cap of $214.92 million. It accepts various deposit services and products, such as savings, checking, money market, NOW, and individual retirement accounts, as well as various certificates of deposit; debit cards; and mobile banking services. It has a 25.49 P/E ratio. The firm also offers multifamily, farmland, and commercial real estate loans; loans for the construction of commercial projects, and single family residential and multifamily properties; commercial and industrial loans, including working capital lines of credit and equipment loans; consumer loans comprising secured and unsecured installment and term loans, second mortgages, and home equity loans and lines of credit, as well as auto loans; and one-to-four family residential real estate loans consisting of second and other mortgage loans.

Among 3 analysts covering Investar (NASDAQ:ISTR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Investar had 4 analyst reports since August 26, 2016 according to SRatingsIntel. Raymond James initiated the stock with “Outperform” rating in Friday, August 26 report. On Thursday, July 27 the stock rating was maintained by Piper Jaffray with “Buy”. The rating was reinitiated by PiperJaffray on Thursday, October 5 with “Overweight”. The company was downgraded on Thursday, August 10 by Raymond James.

Private Asset Management Inc decreased Home Depot Inc (NYSE:HD) stake by 10,780 shares to 93,457 valued at $15.29 million in 2017Q3. It also reduced International Bus Mach (NYSE:IBM) stake by 5,459 shares and now owns 64,651 shares. Southern Co (NYSE:SO) was reduced too.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 6 have Buy rating, 0 Sell and 20 Hold. Therefore 23% are positive. Verizon Communications Inc. has $61.0 highest and $44 lowest target. $52.09’s average target is 1.05% above currents $51.55 stock price. Verizon Communications Inc. had 64 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, October 6 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by Oppenheimer with “Hold” on Thursday, July 27. The firm has “Hold” rating by Oppenheimer given on Thursday, August 10. The firm has “Buy” rating by Moffett Nathanson given on Tuesday, February 21. The stock has “Hold” rating by SunTrust on Wednesday, December 6. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by Zacks on Monday, September 7. The stock has “Neutral” rating by Citigroup on Monday, March 14. RBC Capital Markets maintained the stock with “Hold” rating in Friday, May 26 report. Barclays Capital maintained Verizon Communications Inc. (NYSE:VZ) on Friday, July 14 with “Hold” rating. The firm has “Outperform” rating by RBC Capital Markets given on Monday, January 25.

Since August 28, 2017, it had 0 buys, and 3 selling transactions for $89,365 activity. Another trade for 610 shares valued at $29,658 was made by SILLIMAN CRAIG L. on Friday, October 27.

Investors sentiment is 0.88 in 2017 Q3. 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. Arvest Commercial Bank Tru Division stated it has 147,698 shares or 0.52% of all its holdings. Kentucky-based Kentucky Retirement System has invested 0.94% in Verizon Communications Inc. (NYSE:VZ). Hodges Capital Mngmt Inc holds 0.16% or 46,865 shares in its portfolio. Victory Mgmt Inc invested in 261,655 shares. Jolley Asset Management Ltd Liability has invested 0.05% in Verizon Communications Inc. (NYSE:VZ). Shufro Rose & Co Ltd holds 0.08% or 16,020 shares in its portfolio. Levin Cap Strategies LP invested in 1.54 million shares. Hudson Valley Investment Inc Adv has invested 1.32% in Verizon Communications Inc. (NYSE:VZ). Sva Plumb Wealth Ltd Liability Co stated it has 0.48% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Steinberg Global Asset Management reported 151,793 shares. Bailard Inc stated it has 56,850 shares. Dnb Asset Mgmt As, Norway-based fund reported 1.27M shares. Fenimore Asset Mgmt Inc accumulated 4,957 shares. Woodstock has 1.46% invested in Verizon Communications Inc. (NYSE:VZ) for 154,305 shares. Brown Advisory Secs Limited Liability Company has 84,584 shares.