Greenleaf Trust Trimmed By $387,960 Its Verizon Communications (VZ) Position; Seres Therapeutics (MCRB) Sellers Decreased By 2.08% Their Shorts

July 17, 2017 - By Linda Rogers

Greenleaf Trust decreased Verizon Communications (VZ) stake by 2.7% reported in 2016Q4 SEC filing. Greenleaf Trust sold 7,320 shares as Verizon Communications (VZ)’s stock declined 7.66%. The Greenleaf Trust holds 264,055 shares with $14.10 million value, down from 271,375 last quarter. Verizon Communications now has $177.98B valuation. The stock increased 0.16% or $0.07 during the last trading session, reaching $43.56. About 12 shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since July 17, 2016 and is downtrending. It has underperformed by 25.18% the S&P500.

Seres Therapeutics Incorporated (NASDAQ:MCRB) had a decrease of 2.08% in short interest. MCRB’s SI was 2.85M shares in July as released by FINRA. Its down 2.08% from 2.92M shares previously. With 142,600 avg volume, 20 days are for Seres Therapeutics Incorporated (NASDAQ:MCRB)’s short sellers to cover MCRB’s short positions. The SI to Seres Therapeutics Incorporated’s float is 16.31%. The stock increased 2.18% or $0.24 on July 14, reaching $11.26. About shares traded. Seres Therapeutics Inc (NASDAQ:MCRB) has declined 64.58% since July 17, 2016 and is downtrending. It has underperformed by 81.28% the S&P500.

Seres Therapeutics, Inc. is a microbiome therapeutics platform company. The company has market cap of $464.70 million. The Firm is engaged in developing a class of biological drugs, which is referred as Ecobiotic microbiome therapeutics. It currently has negative earnings. The Company’s drugs are designed to restore health by repairing the function of a dysbiotic microbiome.

Among 7 analysts covering Seres Therapeutics Inc (NASDAQ:MCRB), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Seres Therapeutics Inc had 15 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, October 22, the company rating was upgraded by Bank of America. H.C. Wainwright initiated Seres Therapeutics Inc (NASDAQ:MCRB) rating on Monday, January 25. H.C. Wainwright has “Buy” rating and $55 target. Canaccord Genuity maintained the shares of MCRB in report on Tuesday, August 25 with “Buy” rating. Goldman Sachs initiated Seres Therapeutics Inc (NASDAQ:MCRB) on Tuesday, July 21 with “Neutral” rating. FBR Capital maintained the stock with “Outperform” rating in Friday, August 12 report. Leerink Swann initiated Seres Therapeutics Inc (NASDAQ:MCRB) on Tuesday, July 21 with “Outperform” rating. Bank of America initiated Seres Therapeutics Inc (NASDAQ:MCRB) on Tuesday, July 21 with “Neutral” rating. Canaccord Genuity initiated Seres Therapeutics Inc (NASDAQ:MCRB) rating on Wednesday, July 22. Canaccord Genuity has “Buy” rating and $50 target. FBR Capital maintained the shares of MCRB in report on Wednesday, February 1 with “Outperform” rating. On Monday, June 6 the stock rating was initiated by Cowen & Co with “Outperform”.

Greenleaf Trust increased Ishares Msci Emerging Index Fund Mfc (EEM) stake by 51,940 shares to 259,021 valued at $9.07M in 2016Q4. It also upped Ishares Msci Eafe Value Etf (EFV) stake by 150,295 shares and now owns 179,293 shares. S&P 500 Index Ishares (IVV) was raised too.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on July, 27 before the open. They expect $0.96 earnings per share, up 2.13% or $0.02 from last year’s $0.94 per share. VZ’s profit will be $3.92 billion for 11.34 P/E if the $0.96 EPS becomes a reality. After $0.95 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts 1.05% EPS growth.

Among 23 analysts covering Verizon Communications Inc. (NYSE:VZ), 6 have Buy rating, 0 Sell and 17 Hold. Therefore 26% are positive. Verizon Communications Inc. had 42 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Drexel Hamilton given on Monday, October 24. The firm has “Buy” rating given on Tuesday, January 3 by Citigroup. The company was maintained on Monday, April 18 by Barclays Capital. On Friday, August 14 the stock rating was upgraded by Zacks to “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) has “Outperform” rating given on Wednesday, October 21 by FBR Capital. Nomura initiated the shares of VZ in report on Friday, October 16 with “Neutral” rating. As per Friday, July 7, the company rating was maintained by RBC Capital Markets. HSBC initiated Verizon Communications Inc. (NYSE:VZ) on Thursday, January 19 with “Buy” rating. On Friday, July 14 the stock rating was maintained by Barclays Capital with “Hold”. Hilliard Lyons downgraded Verizon Communications Inc. (NYSE:VZ) on Wednesday, July 27 to “Neutral” rating.

Investors sentiment increased to 1.11 in Q4 2016. Its up 0.01, from 1.1 in 2016Q3. It improved, as 60 investors sold VZ shares while 658 reduced holdings. 115 funds opened positions while 683 raised stakes. 2.53 billion shares or 1.29% more from 2.50 billion shares in 2016Q3 were reported. Teachers & Annuity Association Of America invested in 400,400 shares. Agf Invests accumulated 0.28% or 462,506 shares. Drexel Morgan & Co accumulated 0.49% or 7,674 shares. Rfg Advisory Grp Incorporated holds 0.44% or 13,421 shares in its portfolio. Pine River Management Limited Partnership has 960,543 shares. Oregon Employees Retirement Fund holds 424,240 shares. Savant Cap Lc reported 0.34% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Gotham Asset Mgmt holds 0.65% or 947,663 shares in its portfolio. Ghp Advsr owns 0.64% invested in Verizon Communications Inc. (NYSE:VZ) for 63,957 shares. Mountain Pacific Advisers Id reported 0.06% stake. First Manhattan Co reported 627,283 shares. Middleton Com Ma reported 122,370 shares or 1.47% of all its holdings. Private Bancorp stated it has 33,650 shares or 0.26% of all its holdings. Cap Fund Mgmt holds 180,340 shares or 0.08% of its portfolio. Liberty Mutual Grp Inc Asset holds 0.56% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 293,469 shares.

Since February 14, 2017, it had 0 insider buys, and 7 insider sales for $3.60 million activity. SILLIMAN CRAIG L. had sold 610 shares worth $30,293 on Monday, March 27. Gurnani Roger also sold $543,385 worth of Verizon Communications Inc. (NYSE:VZ) shares. $753,961 worth of Verizon Communications Inc. (NYSE:VZ) shares were sold by WALDEN MARNI M. The insider Skiadas Anthony T sold 12,495 shares worth $603,134.

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