Verus Capital Partners LLC Reduces Stake in Verizon Communications Inc. $VZ

Verus Capital Partners LLC decreased its position in shares of Verizon Communications Inc. (NYSE:VZ) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 153,277 shares of the cell phone carrier’s stock after selling 12,144 shares during the period. Verus Capital Partners LLC’s holdings in Verizon Communications were worth $6,243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Verizon Communications during the 3rd quarter worth about $29,000. Strengthening Families & Communities LLC boosted its stake in shares of Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 539 shares during the period. Holos Integrated Wealth LLC purchased a new position in shares of Verizon Communications during the 4th quarter worth about $28,000. EQ Wealth Advisors LLC purchased a new position in shares of Verizon Communications during the 4th quarter worth about $29,000. Finally, Sarver Vrooman Wealth Advisors boosted its stake in shares of Verizon Communications by 173.0% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock worth $29,000 after purchasing an additional 448 shares during the period. Institutional investors own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VZ. Citigroup lifted their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Oppenheimer boosted their price objective on Verizon Communications from $50.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Wells Fargo & Company boosted their price objective on Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Dbs Bank cut Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $50.59.

More Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon is actively managing its balance sheet by extending and updating tender offers and exchange offers for multiple series of notes, which could help optimize debt costs and improve financial flexibility over time. Article Title
• Positive Sentiment: Some investors continue to view Verizon as a relatively attractive dividend stock with a lower valuation compared with the broader market, supporting the case for income-focused buyers. Article Title
• Neutral Sentiment: Verizon’s latest earnings were mixed: EPS beat expectations, but revenue came in slightly below estimates, leaving sentiment balanced rather than clearly positive. Article Title
• Negative Sentiment: Operational commentary suggests Verizon is tightening in-store policies, which may be creating longer wait times and potentially frustrating customers at a time when service quality and retention matter more. Article Title
• Negative Sentiment: Rival T-Mobile is adding more free perks to fight churn, highlighting intense competition in wireless and raising concerns that Verizon may need to spend more to defend its subscriber base. Article Title
• Negative Sentiment: Market commentary also points to Verizon dipping more than the broader market, suggesting investors are cautious despite the company’s defensive profile. Article Title

Verizon Communications Price Performance

Shares of VZ stock opened at $46.56 on Thursday. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The stock has a market capitalization of $194.43 billion, a price-to-earnings ratio of 11.36, a P/E/G ratio of 1.14 and a beta of 0.24. The stock has a fifty day simple moving average of $47.77 and a two-hundred day simple moving average of $45.24. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Verizon Communications (NYSE:VZ) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.07. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The business had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. During the same period in the prior year, the business earned $1.19 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, analysts predict that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

About Verizon Communications

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.