First National Advisers LLC Has $1.45 Million Position in Verizon Communications Inc. $VZ

First National Advisers LLC cut its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 65.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 33,077 shares of the cell phone carrier’s stock after selling 62,434 shares during the quarter. First National Advisers LLC’s holdings in Verizon Communications were worth $1,454,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advantage Trust Co grew its stake in shares of Verizon Communications by 549.5% in the second quarter. Advantage Trust Co now owns 591 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 500 shares during the last quarter. TruNorth Capital Management LLC lifted its holdings in Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after buying an additional 305 shares during the period. Global Wealth Strategies & Associates increased its stake in shares of Verizon Communications by 739.5% in the third 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. Global Trust Asset Management LLC raised its position in shares of Verizon Communications by 222.2% during the second quarter. Global Trust Asset Management LLC now owns 725 shares of the cell phone carrier’s stock worth $31,000 after acquiring an additional 500 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new position in shares of Verizon Communications in the second quarter worth approximately $30,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Verizon Communications Price Performance

VZ stock opened at $38.95 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.74 and a quick ratio of 0.69. The company’s 50-day moving average is $40.52 and its 200-day moving average is $41.78. The stock has a market capitalization of $164.23 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 3.75 and a beta of 0.34. Verizon Communications Inc. has a 1 year low of $38.35 and a 1 year high of $47.35.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings results on Wednesday, October 29th. The cell phone carrier reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.02. Verizon Communications had a return on equity of 19.31% and a net margin of 14.43%.The business had revenue of $33.82 billion for the quarter, compared to the consensus estimate of $34.19 billion. During the same period in the prior year, the business earned $1.19 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Equities research analysts expect that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be given a $0.69 dividend. The ex-dividend date of this dividend is Monday, January 12th. This represents a $2.76 annualized dividend and a yield of 7.1%. Verizon Communications’s dividend payout ratio (DPR) is presently 58.97%.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Regulatory approvals complete for Frontier acquisition — Verizon expects the transaction to close Jan. 20, bringing roughly 30 million fiber passings and enabling cross‑selling of fiber and 5G services, which could materially expand growth runway and ARPU over time. GlobeNewswire: Approvals to Complete Transaction
• Neutral Sentiment: AST SpaceMobile wins Pentagon contract — headlines lifted ASTS shares and remind investors Verizon has partnerships with LEO satellite providers, which could support future wholesale or coverage initiatives, but the news is primarily a catalyst for ASTS rather than VZ. MarketBeat: Pentagon Deal Sends AST SpaceMobile Soaring
• Negative Sentiment: Widespread outage and $20 customer credits — a multi‑hour nationwide outage tied to a software issue triggered customer complaints and scrutiny; Verizon is offering a $20 redeemable credit to affected users, which raises short‑term costs and reputational risk and has prompted calls for mandatory refunds. This outage is the principal near‑term negative driving sentiment. Investopedia: Why Verizon Customers Are Getting $20 Payouts
• Negative Sentiment: Analyst price‑target cut — Sanford C. Bernstein trimmed its VZ target from $46 to $44 and moved to Market Perform, signaling more cautious near‑term expectations; the change tempers upside in the short term. TickerReport / Benzinga: Analyst Price Target Cut

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on VZ shares. BNP Paribas downgraded shares of Verizon Communications from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Weiss Ratings lowered shares of Verizon Communications from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. Wall Street Zen downgraded Verizon Communications from a “buy” rating to a “hold” rating in a report on Friday, September 26th. BNP Paribas Exane downgraded Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 price objective on the stock. in a research note on Tuesday, October 21st. Finally, Morgan Stanley decreased their target price on Verizon Communications from $48.00 to $47.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $47.25.

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.