HF Advisory Group LLC boosted its holdings in Verizon Communications Inc. (NYSE:VZ – Free Report) by 54.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 165,908 shares of the cell phone carrier’s stock after acquiring an additional 58,725 shares during the period. HF Advisory Group LLC’s holdings in Verizon Communications were worth $6,757,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VZ. TruNorth Capital Management LLC grew its position in shares of Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after purchasing an additional 305 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Verizon Communications during the 3rd quarter worth approximately $29,000. Global Wealth Strategies & Associates lifted its stake in Verizon Communications by 739.5% in the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after buying an additional 599 shares in the last quarter. Holos Integrated Wealth LLC purchased a new stake in Verizon Communications in the 4th quarter valued at approximately $28,000. Finally, Silicon Valley Capital Partners grew its holdings in Verizon Communications by 52.4% during the 2nd quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after buying an additional 269 shares during the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Stock Performance
NYSE VZ opened at $49.39 on Thursday. The business’s 50-day moving average price is $48.16 and its 200 day moving average price is $43.40. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The company has a market capitalization of $208.32 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 2.10 and a beta of 0.29.
Verizon Communications Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a dividend of $0.7075 per share. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications’s payout ratio is 68.15%.
Insiders Place Their Bets
In other news, Director Hans Erik Vestberg sold 200,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the completion of the sale, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. This represents a 57.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $44.88, for a total value of $429,905.52. Following the completion of the transaction, the executive vice president owned 44,045 shares in the company, valued at $1,976,739.60. The trade was a 17.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 218,148 shares of company stock valued at $10,780,356 over the last quarter. Company insiders own 0.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on VZ. JPMorgan Chase & Co. raised their price target on Verizon Communications from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Citigroup upped their target price on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a report on Friday, March 20th. Morgan Stanley lifted their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. Scotiabank raised shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $50.25 to $54.50 in a research report on Monday, March 9th. Finally, Williams Trading set a $54.00 price objective on shares of Verizon Communications in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Verizon Communications currently has an average rating of “Moderate Buy” and an average target price of $50.56.
Check Out Our Latest Analysis on Verizon Communications
More Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Company momentum and income appeal: Analysts and commentators note Verizon is up strongly year-to-date after a solid quarter and remains attractive to income investors because its dividend yields above 5%, supporting demand from yield-seeking buyers. Verizon Is Up 24% in 2026 and Pays Over 5% in Dividends: Time to Buy?
- Positive Sentiment: Operational catalyst: Barclays says Q1 should show progress on Verizon’s subscriber-turnaround plan, which could support the stock if results and commentary confirm improving subscriber trends. Verizon Q1 results to show progress on subscriber turnaround plan – Barclays
- Positive Sentiment: Dow income rotation: Market write-ups listing high-yield Dow names highlight Verizon as a top income option, which can attract defensive and dividend-focused flows during choppy markets. Should You Buy the 3 Highest-Paying Dividend Stocks in the Dow Jones?
- Neutral Sentiment: Analyst move is mixed: Barclays raised its price target to $47 from $43 but kept an Equal Weight rating — a modest upgrade that still implies limited upside versus the current price, so it’s not a clear buy signal. Wall Street Tells Scared Investors To Buy Verizon Stock
- Neutral Sentiment: Investor attention: Verizon is a trending name on some platforms, increasing visibility and trading activity but not necessarily changing fundamentals. Here is What to Know Beyond Why Verizon Communications Inc. (VZ) is a Trending Stock
- Neutral Sentiment: Broader market context: Some market movers (e.g., energy names like Chevron) are driving headline volatility today; that market noise can overshadow telecom-specific news and affect intraday moves. In A Dreadful Month For The Dow Jones Index, One Stock Shined
- Negative Sentiment: Relative weakness today: Coverage notes Verizon closed lower while the broader market improved, signaling short-term underperformance that likely pressured the stock during the session. Verizon Communications (VZ) Stock Declines While Market Improves: Some Information for Investors
Verizon Communications Company 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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