International Private Wealth Advisors LLC Has $1.34 Million Stock Position in Verizon Communications Inc. $VZ

Key Points

• International Private Wealth Advisors LLC increased its stake in Verizon by 207.9%, adding 22,183 shares to hold 32,851 shares worth about $1.34 million at the end of the quarter.
• Verizon raised its quarterly dividend to $0.7075 (up from $0.69), an annualized $2.83 payout representing roughly a 5.6% yield with an ex-dividend date of April 10.
• Insider selling totaled 218,148 shares (~$10.78 million) over the past three months, including Director Hans Erik Vestberg's sale of 200,000 shares and SVP Mary‑Lee Stillwell's sale of 8,569 shares.

International Private Wealth Advisors LLC boosted its holdings in shares of Verizon Communications Inc. (NYSE:VZ - Free Report) by 207.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,851 shares of the cell phone carrier's stock after acquiring an additional 22,183 shares during the quarter. International Private Wealth Advisors LLC's holdings in Verizon Communications were worth $1,338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. TruNorth Capital Management LLC lifted 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 worth $27,000 after purchasing an additional 305 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in Verizon Communications during the fourth quarter valued at approximately $28,000. Foster Dykema Cabot & Partners LLC purchased a new position in Verizon Communications during the third quarter valued at approximately $29,000. Global Wealth Strategies & Associates increased 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 during the period. Finally, Silicon Valley Capital Partners increased its stake in Verizon Communications by 52.4% in 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 period. Hedge funds and other institutional investors own 62.06% of the company's stock.

Insider Buying and Selling at Verizon Communications

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the sale, the senior vice president owned 43,782 shares in the company, valued at approximately $2,189,100. This represents a 16.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total value of $9,922,000.00. Following the transaction, the director directly owned 145,069 shares in the company, valued at approximately $7,196,873.09. This represents a 57.96% 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 worth $10,780,356 over the last three months. Corporate insiders own 0.10% of the company's stock.

Verizon Communications Price Performance

NYSE VZ opened at $50.34 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $212.31 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 2.13 and a beta of 0.31. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The company has a 50 day moving average price of $47.51 and a two-hundred day moving average price of $43.27.

Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. The company had revenue of $36.38 billion for the quarter, compared to analyst estimates of $36.20 billion. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. Verizon Communications's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities analysts predict that Verizon Communications Inc. will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from Verizon Communications's previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a yield of 5.6%. Verizon Communications's dividend payout ratio (DPR) is currently 68.15%.

Analyst Ratings Changes

A number of research firms have issued reports on VZ. Morgan Stanley increased their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the stock an "equal weight" rating in a research report on Monday, February 2nd. Wells Fargo & Company upped their price target on shares of Verizon Communications from $41.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Monday, February 2nd. Sanford C. Bernstein reiterated a "market perform" rating and set a $48.00 price objective on shares of Verizon Communications in a report on Monday, February 2nd. Weiss Ratings raised Verizon Communications from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, February 5th. Finally, KeyCorp restated a "sector weight" rating on shares of Verizon Communications in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $50.32.

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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