34,441 Shares in Verizon Communications Inc. $VZ Purchased by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA purchased a new stake in shares of Verizon Communications Inc. (NYSE:VZ) in the 1st quarter, Holdings Channel reports. The fund purchased 34,441 shares of the cell phone carrier’s stock, valued at approximately $1,729,000.

Other hedge funds have also recently bought and sold shares of the company. St. Johns Investment Management Company LLC grew its stake in shares of Verizon Communications by 3.4% in the first quarter. St. Johns Investment Management Company LLC now owns 14,658 shares of the cell phone carrier’s stock valued at $736,000 after buying an additional 478 shares in the last quarter. Cherokee Insurance Co raised its position in Verizon Communications by 69.9% during the first quarter. Cherokee Insurance Co now owns 24,300 shares of the cell phone carrier’s stock worth $1,220,000 after acquiring an additional 10,000 shares in the last quarter. Integral Investment Advisors Inc. lifted its stake in Verizon Communications by 4.0% in the first quarter. Integral Investment Advisors Inc. now owns 8,978 shares of the cell phone carrier’s stock valued at $451,000 after acquiring an additional 348 shares during the last quarter. Revisor Wealth Management LLC lifted its stake in Verizon Communications by 3.3% in the first quarter. Revisor Wealth Management LLC now owns 20,605 shares of the cell phone carrier’s stock valued at $1,034,000 after acquiring an additional 664 shares during the last quarter. Finally, Koshinski Asset Management Inc. grew its position in shares of Verizon Communications by 6.6% in the 1st quarter. Koshinski Asset Management Inc. now owns 111,631 shares of the cell phone carrier’s stock valued at $5,604,000 after acquiring an additional 6,949 shares during the period. 62.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on VZ shares. Barclays boosted their price target on Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Citigroup boosted their target price on Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Wells Fargo & Company increased their price objective on shares of Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Finally, Dbs Bank lowered Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $50.59.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Analysts and market commentary continue to frame Verizon as an attractive value stock, with Zacks citing favorable style-score characteristics that may appeal to value-focused investors. Here’s Why Verizon Communications (VZ) is a Strong Value Stock
• Positive Sentiment: Verizon’s dividend profile is still a key support for the shares, with comparisons to AT&T emphasizing Verizon’s long record of dividend increases and its appeal to income investors. Better High-Yield Dividend Stock: Verizon or AT&T?
• Positive Sentiment: Verizon and BT Group announced a $4 billion international enterprise joint venture, which could expand Verizon’s global business services reach and improve growth prospects. Is Verizon Communications Inc. (VZ) Stock Positioned for Growth After $4B International Enterprise Partnership?
• Neutral Sentiment: Verizon is getting more trading attention from retail investors, which may reflect renewed interest but does not by itself change the company’s fundamentals. Verizon Communications Inc. (VZ) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Wall Street expects Verizon’s upcoming quarterly earnings to show modest profit growth, making the next report an important catalyst but not a clear surprise yet. What to Expect From Verizon Communications’ Next Quarterly Earnings Report
• Negative Sentiment: Coverage about Starlink’s push into mobile service raises longer-term competitive pressure on Verizon and other wireless carriers, even though major infrastructure hurdles remain. Starlink Dominates Internet From Space. Can It Disrupt AT&T and Verizon on the Ground?

Verizon Communications Trading Up 0.0%

Shares of VZ stock opened at $42.57 on Friday. The company has a market cap of $177.77 billion, a PE ratio of 10.38, a P/E/G ratio of 1.04 and a beta of 0.26. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The stock’s fifty day moving average price is $46.56 and its two-hundred day moving average price is $45.91.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. The company had revenue of $34.44 billion for the quarter, compared to the consensus estimate of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities analysts predict that Verizon Communications Inc. will post 4.98 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s dividend payout ratio is presently 69.02%.

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.