As Houston Wire & Cable Company (HWCC) Stock Price Declined, Shareholder Rutabaga Capital Management Has Cut Holding by $348,978; Verizon Munications (VZ) Stake Has Boosted by Fiduciary Trust Company

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Rutabaga Capital Management Llc decreased its stake in Houston Wire & Cable Company (HWCC) by 5.64% based on its latest 2018Q3 regulatory filing with the SEC. Rutabaga Capital Management Llc sold 49,854 shares as the company’s stock declined 25.09% with the market. The hedge fund held 834,150 shares of the telecommunications equipment company at the end of 2018Q3, valued at $6.42 million, down from 884,004 at the end of the previous reported quarter. Rutabaga Capital Management Llc who had been investing in Houston Wire & Cable Company for a number of months, seems to be less bullish one the $101.12M market cap company. The stock increased 2.51% or $0.15 during the last trading session, reaching $6.12. About 23,386 shares traded. Houston Wire & Cable Company (NASDAQ:HWCC) has declined 7.23% since February 13, 2018 and is downtrending. It has underperformed by 7.23% the S&P500. Some Historical HWCC News: 10/05/2018 – Houston Wire & Cable 1Q EPS 12c; 16/03/2018 – HOUSTON WIRE & CABLE CO – QTRLY SALES OF $82.1 MLN UP 18.6% OVER 2016; 26/03/2018 – HOUSTON WIRE & CABLE CO – ON MARCH 22, NICOL G. GRAHAM, CFO, NOTIFIED CO OF HIS INTENTION TO RETIRE IN 2018; 13/03/2018 HOUSTON WIRE & CABLE-ON MARCH 11, MARK RUELLE NOTIFIED BOARD TO WITHDRAW FROM CONSIDERATION AS NOMINEE FOR RE-ELECTION AT CO’S 2018 ANNUAL MEETING; 16/03/2018 – HOUSTON WIRE & CABLE CO – QTRLY DILUTED EPS OF $0.12; 26/03/2018 – HOUSTON WIRE & CABLE SAYS GRAHAM IS EXPECTED TO CONTINUE IN CURRENT ROLE UNTIL SUCCESSOR IS NAMED & OTHERWISE ASSIST IN TRANSITION. – SEC FILING; 22/04/2018 – DJ Houston Wire & Cable Company, Inst Holders, 1Q 2018 (HWCC); 13/04/2018 – CHRISTOPHER MICKLAS JOINS HOUSTON WIRE & CABLE AS NEW VP & CFO; 13/04/2018 – HOUSTON WIRE & CABLE CO – MOST RECENTLY, MICKLAS WAS CHIEF FINANCIAL OFFICER FOR PAR PACIFIC HOLDINGS; 16/03/2018 – Houston Wire & Cable 4Q EPS 12c

Fiduciary Trust Company increased its stake in Verizon Munications Inc (VZ) by 7.33% based on its latest 2018Q3 regulatory filing with the SEC. Fiduciary Trust Company bought 17,751 shares as the company’s stock rose 7.67% while stock markets declined. The institutional investor held 260,035 shares of the telecommunications equipment company at the end of 2018Q3, valued at $13.88M, up from 242,284 at the end of the previous reported quarter. Fiduciary Trust Company who had been investing in Verizon Munications Inc for a number of months, seems to be bullish on the $225.19B market cap company. The stock increased 0.15% or $0.08 during the last trading session, reaching $54.5. About 4.12M shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 15.57% since February 13, 2018 and is uptrending. It has outperformed by 15.57% the S&P500. Some Historical VZ News: 18/04/2018 – Verizon’s Oath has hired a COO from Alibaba, and its top media executive has left; 17/05/2018 – Oath, National Disability Leadership Alliance and Getty Images Launch New Disability Image Collection; 20/04/2018 – VERIZON SAYS HAS ‘BEEN PROACTIVELY AND CONSTRUCTIVELY WORKING’ WITH JUSTICE DEPARTMENT FOR SEVERAL MONTHS REGARDING INQUIRY -SPOKESMAN; 11/05/2018 – SlashGear: Verizon’s Visible is an unexpectedly-exclusive prepaid carrier; 20/04/2018 – $VZ $T $TMUS $S all diving here; 11/05/2018 – ♫ Reuters Insider – Trading at Noon: AT&T CEO calls hiring Michael Cohen a “big mistake”; 24/04/2018 – Verizon Sees FY Adj EPS Growth in Low Single-Digit Percentage; 19/04/2018 – VERIZON – CLOSED ITS ACQUISITION OF MOMENT, A NEW YORK-BASED DESIGN AND STRATEGY FIRM; 24/04/2018 – VERIZON – FIRST-QUARTER 2018 EARNINGS INCLUDED A PRE-TAX CHARGE OF ABOUT $249 MLN RELATED TO EARLY DEBT EXTINGUISHMENT; 29/03/2018 – Tech Times: T-Mobile, Verizon Will Carry 2018 9.7-Inch iPad With Pencil Support

Rutabaga Capital Management Llc, which manages about $1.07B and $436.00M US Long portfolio, upped its stake in Horizon Global Corporation by 194,246 shares to 941,437 shares, valued at $6.71 million in 2018Q3, according to the filing. It also increased its holding in Matthews International Corporation (NASDAQ:MATW) by 170,992 shares in the quarter, for a total of 308,921 shares, and has risen its stake in Varex Imaging Corporation.

Among 2 analysts covering Houston Wire & Cable Company (NASDAQ:HWCC), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Houston Wire & Cable Company had 6 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by KeyBanc Capital Markets on Thursday, December 1 with “Sector Weight”. The rating was upgraded by Raymond James to “Market Perform” on Tuesday, August 18. The stock has “Hold” rating by Zacks on Friday, August 7.

More notable recent Houston Wire & Cable Company (NASDAQ:HWCC) news were published by: Globenewswire.com which released: “HWC Names Richard Megliola as President of Vertex Distribution – GlobeNewswire” on June 21, 2017, also Seekingalpha.com with their article: “ETN Showdown: SMHD Adds Diversification And Yield – Seeking Alpha” published on May 04, 2015, Seekingalpha.com published: “Dividends: U.S. Economy Slipped Somewhat In August 2016 – Seeking Alpha” on September 07, 2016. More interesting news about Houston Wire & Cable Company (NASDAQ:HWCC) were released by: Streetinsider.com and their article: “Form SC 13D/A Houston Wire & Cable CO Filed by: Nierenberg Investment Management Company, Inc. – StreetInsider.com” published on December 19, 2018 as well as Bizjournals.com‘s news article titled: “GSE Holding names Charles Sorrentino CEO, Daniel Storey CFO – Houston Business Journal” with publication date: November 04, 2013.

Since August 15, 2018, it had 14 buys, and 0 insider sales for $667,051 activity. HALEY ROY W also bought $11,383 worth of Houston Wire & Cable Company (NASDAQ:HWCC) on Thursday, December 6. 6,000 shares valued at $36,000 were bought by Yetman G Gary on Monday, December 10. On Monday, November 12 Rothe Sandford W. bought $60,282 worth of Houston Wire & Cable Company (NASDAQ:HWCC) or 10,200 shares.

Investors sentiment increased to 1.77 in 2018 Q3. Its up 0.58, from 1.19 in 2018Q2. It is positive, as 4 investors sold HWCC shares while 9 reduced holdings. 6 funds opened positions while 17 raised stakes. 10.35 million shares or 8.61% more from 9.53 million shares in 2018Q2 were reported. North Star Inv Mgmt reported 2,000 shares or 0% of all its holdings. Morgan Stanley invested in 17,466 shares or 0% of the stock. Rbf Cap Lc has 0.01% invested in Houston Wire & Cable Company (NASDAQ:HWCC). Vanguard Grp reported 580,466 shares. Brandywine Glob Invest Management Lc reported 8,356 shares or 0% of all its holdings. Bridgeway Capital owns 114,739 shares for 0.01% of their portfolio. Fincl Bank Of Montreal Can holds 0% or 727 shares. Thomson Horstmann & Bryant holds 0.72% in Houston Wire & Cable Company (NASDAQ:HWCC) or 765,509 shares. Fmr Ltd Liability Corp invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). Rutabaga Cap Mngmt Ltd Liability Ma owns 834,150 shares or 1.47% of their US portfolio. Friess Ltd Liability Company invested in 59,600 shares or 0.03% of the stock. Sg Capital Management Llc accumulated 0.33% or 177,019 shares. Ameriprise Fincl Inc reported 0% of its portfolio in Houston Wire & Cable Company (NASDAQ:HWCC). Walthausen & Communications Ltd Limited Liability Company holds 0.4% or 543,459 shares in its portfolio. Franklin Res Inc has 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC).

Investors sentiment increased to 1.3 in 2018 Q3. 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. Moreover, Hemenway Trust has 0.12% invested in Verizon Communications Inc. (NYSE:VZ). Norris Perne And French Limited Liability Partnership Mi owns 10,982 shares or 0.08% of their US portfolio. Tru Company Of Toledo Na Oh reported 68,620 shares stake. Johnson Gru, Wisconsin-based fund reported 39,990 shares. Security National Tru Company accumulated 81,522 shares or 1.36% of the stock. Moreover, Godsey & Gibb Associates has 0.04% invested in Verizon Communications Inc. (NYSE:VZ) for 4,668 shares. 184,763 are owned by Sandy Spring National Bank. Cliftonlarsonallen Wealth Advsr Ltd Liability Corporation holds 10,411 shares or 0.05% of its portfolio. Rampart Inv Management Co Lc owns 1.07% invested in Verizon Communications Inc. (NYSE:VZ) for 69,187 shares. Allstate holds 0.01% or 4,973 shares in its portfolio. Pggm Invests has invested 0.39% in Verizon Communications Inc. (NYSE:VZ). First Bancorp Sioux Falls has 6,389 shares for 1.12% of their portfolio. S R Schill And, Washington-based fund reported 7,447 shares. Swiss Bank reported 0.9% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Auxier Asset reported 0.36% in Verizon Communications Inc. (NYSE:VZ).

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Globenewswire.com which released: “Verizon adds Alibaba Cloud to its Secure Cloud Interconnect Ecosystem – GlobeNewswire” on February 12, 2019, also 247Wallst.com with their article: “Did AT&T Beat Out Verizon in Q4? – 24/7 Wall St.” published on January 30, 2019, 247Wallst.com published: “What to Watch For in Verizon’s Q4 – 24/7 Wall St.” on January 28, 2019. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Fool.com and their article: “Why Verizon Communications Is a Great Stock for Low-Risk Investors – Motley Fool” published on January 16, 2019 as well as Fool.com‘s news article titled: “Could Sprint Be a Millionaire-Maker Stock? – The Motley Fool” with publication date: January 31, 2019.

Among 35 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 20 Hold. Therefore 43% are positive. Verizon Communications Inc. had 95 analyst reports since July 22, 2015 according to SRatingsIntel. Citigroup maintained the shares of VZ in report on Wednesday, October 21 with “Neutral” rating. Vetr downgraded Verizon Communications Inc. (NYSE:VZ) on Tuesday, August 11 to “Buy” rating. The rating was upgraded by Deutsche Bank to “Buy” on Tuesday, June 19. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by Macquarie Research on Thursday, June 15. Wells Fargo upgraded the stock to “Outperform” rating in Monday, November 20 report. SunTrust upgraded Verizon Communications Inc. (NYSE:VZ) on Wednesday, April 25 to “Buy” rating. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Neutral” rating by Hilliard Lyons on Wednesday, July 27. The rating was upgraded by HSBC to “Buy” on Wednesday, March 28. The stock of Verizon Communications Inc. (NYSE:VZ) has “Buy” rating given on Wednesday, January 24 by Bank of America. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Monday, September 18 by Cowen & Co.

Houston Wire & Cable Company (NASDAQ:HWCC) Institutional Positions Chart