Natixis Advisors LLC Sells 521,464 Shares of Verizon Communications Inc. $VZ

Natixis Advisors LLC cut its position in Verizon Communications Inc. (NYSE:VZ) by 20.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,068,566 shares of the cell phone carrier’s stock after selling 521,464 shares during the period. Natixis Advisors LLC’s holdings in Verizon Communications were worth $84,253,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Heritage Trust Co raised its holdings in Verizon Communications by 4.2% in the fourth quarter. Heritage Trust Co now owns 116,375 shares of the cell phone carrier’s stock worth $4,740,000 after purchasing an additional 4,700 shares in the last quarter. Vantus Wealth LLC bought a new position in Verizon Communications in the fourth quarter worth about $519,000. BNP Paribas raised its holdings in Verizon Communications by 916.0% in the fourth quarter. BNP Paribas now owns 18,939 shares of the cell phone carrier’s stock worth $771,000 after purchasing an additional 17,075 shares in the last quarter. COFG Advisors LLC bought a new position in Verizon Communications in the fourth quarter worth about $300,000. Finally, Sage Investment Advisers LLC bought a new position in Verizon Communications in the fourth quarter worth about $385,000. 62.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on VZ. Royal Bank Of Canada upped their price objective on shares of Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a report on Tuesday, February 3rd. Citigroup upped their price objective on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a report on Friday, March 20th. Morgan Stanley upped their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Barclays upped their price objective on shares of Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. Finally, Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.59.

Verizon Communications Trading Up 0.3%

Verizon Communications stock opened at $47.89 on Wednesday. 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 Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The stock’s 50 day simple moving average is $47.89 and its two-hundred day simple moving average is $45.16. The firm has a market cap of $199.96 billion, a PE ratio of 11.68, a P/E/G ratio of 1.14 and a beta of 0.24.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS 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 for the quarter, compared to analyst estimates of $34.82 billion. During the same quarter in the prior year, the firm posted $1.19 EPS. The business’s quarterly revenue 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. Analysts anticipate that Verizon Communications Inc. will post 4.96 earnings per share for the current year.

Verizon Communications News Roundup

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

• Positive Sentiment: Verizon announced pricing terms for its tender offers and consent solicitations across 20 series of notes, part of an effort to refinance or retire debt and streamline its capital structure. Markets often view these moves as supportive of future cash flow flexibility. Verizon announces pricing terms of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes
• Positive Sentiment: Verizon also reported early results and extended the early participation date on its debt exchange/tender programs, suggesting solid holder participation and continued progress on liability management. Verizon announces extension of early participation date and early results of its private exchange offers and consent solicitations for 11 series of notes open to certain investors
• Positive Sentiment: Array Digital Infrastructure completed the sale of select spectrum assets to Verizon for $1.0 billion, reinforcing Verizon’s long-term network investment strategy and spectrum position. Array completes sale of select spectrum assets to Verizon for 1.0 billion
• Neutral Sentiment: A separate article highlighted Verizon as a high-yield dividend stock with attractive valuation and growing cash flow, which supports the investment case but is not a new company-specific catalyst. Verizon’s Growing Cash Flow Continues to Support its Dividend
• Neutral Sentiment: Another piece said Verizon has pulled back recently but remains up over the past year, framing the stock as potentially undervalued after mixed earnings signals rather than indicating a fresh operational problem. Assessing Verizon VZ Valuation After Recent Pullback And Mixed Earnings Signals

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.