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VIP Wealth Hub
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Private Wealth Management
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Quant Fund
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Stake cryptos to earn in PoS products
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New
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GUSD Minting
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HighTower Advisors LLC Purchases 143,014 Shares of Verizon Communications Inc. $VZ
HighTower Advisors LLC increased its stake in Verizon Communications Inc. by 2.3% in the third quarter, bringing its total ownership to 6,475,940 shares. Institutional investors collectively own about 62.06% of Verizon, with other major holders including Vanguard Group Inc., State Street Corp, and Norges Bank. Verizon recently raised its quarterly dividend to $0.7075 per share, offered a positive earnings beat, and received a consensus “Moderate Buy” rating from analysts with an average target price of $49.02.