SG Trading Solutions LLC Invests $1.05 Million in Verizon Communications Inc. $VZ

SG Trading Solutions LLC bought a new stake in shares of Verizon Communications Inc. (NYSE:VZ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 25,914 shares of the cell phone carrier’s stock, valued at approximately $1,055,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Strengthening Families & Communities LLC lifted its stake in Verizon Communications by 490.0% during the fourth 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 in the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of Verizon Communications in the fourth quarter worth approximately $28,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Verizon Communications during the third quarter valued at approximately $29,000. EQ Wealth Advisors LLC acquired a new stake in shares of Verizon Communications during the fourth quarter valued at approximately $29,000. Finally, Sarver Vrooman Wealth Advisors lifted its position in shares of Verizon Communications by 173.0% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after acquiring an additional 448 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VZ. Barclays raised their price objective on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 31st. Weiss Ratings restated a “buy (b)” rating on shares of Verizon Communications in a report on Friday, May 29th. Freedom Capital raised Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Dbs Bank downgraded Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Citigroup upped their price target on Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. 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. According to data from MarketBeat, Verizon Communications has a consensus rating of “Moderate Buy” and an average target price of $50.59.

Verizon Communications News Roundup

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

• Positive Sentiment: Verizon unveiled a customer offer that removes two major fees, part of a broader loyalty push that also eliminates activation/upgrade charges. That could help improve retention and ease pressure from elevated wireless churn, potentially supporting revenue stability. Verizon adds new offer that removes 2 major fees for customers
• Neutral Sentiment: Verizon completed the expiration and final results of several debt exchange/tender and consent solicitations, a balance-sheet management move that is likely routine rather than a major near-term earnings driver. Verizon announces expiration and final results of its private exchange offers and consent solicitations for 11 series of notes
• Neutral Sentiment: Verizon also announced final results for tender offers and consent solicitations across multiple note series, which may modestly support financial flexibility but does not change the core operating outlook by itself. Verizon announces expiration and final results of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes
• Neutral Sentiment: Several articles noted that Verizon remains on investor watch lists because of its dividend yield and valuation, but these pieces were mostly commentary rather than new company-specific catalysts. Why Is Verizon Communications (NYSE:VZ) Drawing Telecom Investor Attention?
• Negative Sentiment: Recent trading showed VZ underperforming the broader market, with investors still concerned about competitive pressure and churn in the wireless business. Verizon Communications (VZ) Falls More Steeply Than Broader Market: What Investors Need to Know

Verizon Communications Stock Down 0.9%

Verizon Communications stock opened at $45.44 on Friday. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The firm has a market cap of $189.72 billion, a PE ratio of 11.08, a P/E/G ratio of 1.12 and a beta of 0.24. The firm’s 50 day moving average price is $46.97 and its two-hundred day moving average price is $45.66.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The business had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. During the same period in the previous year, the company posted $1.19 EPS. Verizon Communications’s revenue was up 2.7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, research analysts predict that Verizon Communications Inc. will post 4.97 EPS for the current fiscal year.

Verizon Communications Dividend Announcement

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 given a $0.7075 dividend. This represents a $2.83 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s dividend payout ratio is presently 69.02%.

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.