National Pension Service lifted its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,325,584 shares of the cell phone carrier’s stock after purchasing an additional 446,662 shares during the quarter. National Pension Service’s holdings in Verizon Communications were worth $420,561,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Strengthening Families & Communities LLC raised its position in Verizon Communications by 490.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 539 shares during the last quarter. Holos Integrated Wealth LLC acquired a new stake in Verizon Communications in the 4th quarter valued at approximately $28,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Verizon Communications in the 3rd quarter valued at approximately $29,000. EQ Wealth Advisors LLC acquired a new stake in Verizon Communications in the 4th quarter valued at approximately $29,000. Finally, Daytona Street Capital LLC acquired a new stake in Verizon Communications in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Stock Down 0.4%
VZ stock opened at $48.03 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The business has a 50 day moving average price of $47.96 and a two-hundred day moving average price of $45.05. The company has a market cap of $200.56 billion, a price-to-earnings ratio of 11.71, a P/E/G ratio of 1.15 and a beta of 0.24. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68.
Insiders Place Their Bets
In other Verizon Communications news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the transaction, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon shareholders approved the company’s 2026 long-term incentive plan at the annual meeting, a sign of continued support for management’s compensation and retention framework. Verizon Shareholders Approve 2026 Long-Term Incentive Plan
- Positive Sentiment: Investor articles highlighted Verizon as a sub-$50 cash-flow and dividend-style stock that can still look attractive even with elevated Treasury yields, reinforcing the appeal of its steady earnings and income profile. The Sub-$50 Institutional Cash-Flow Machine That Remains Attractive Despite High Risk Free Yields
- Positive Sentiment: Coverage noting Verizon has been trading in the green for multiple sessions and remains a trending stock suggests improving near-term sentiment around the shares. Verizon trades in green for the seventh session
- Positive Sentiment: Analyst-style articles also pointed to Verizon’s role in the growing 5G and AI connectivity theme, which can support the bull case for longer-term revenue opportunities. AI Can’t Reach the Real World Without These 3 Stocks
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on VZ. JPMorgan Chase & Co. lifted their target price on Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Citigroup lifted their target price on Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Raymond James Financial reissued an “outperform” rating and issued a $56.00 target price on shares of Verizon Communications in a research report on Thursday, March 12th. Scotiabank raised Verizon Communications from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $50.25 to $54.50 in a research report on Monday, March 9th. Finally, Barclays lifted their target price on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, Verizon Communications has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.
Get Our Latest Stock Analysis on Verizon Communications
Verizon Communications Profile
Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.
The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.
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