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Diversified Trust Co. Has $902,000 Holdings in Verizon Communications Inc. $VZ
Diversified Trust Co. significantly reduced its stake in Verizon Communications by 80.3% in Q4, selling over 90,000 shares, although institutional ownership remains high. Insider selling, including by EVP Joseph J. Russo and director Hans Erik Vestberg, has also been notable. Despite this, Verizon reported strong Q4 EPS, raised its dividend, and analysts maintain a “Moderate Buy” consensus with an average target price around $50.32.