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Capital Advisors Inc. OK Acquires 215,686 Shares of Verizon Communications Inc. $VZ
Capital Advisors Inc. OK has significantly increased its stake in Verizon Communications Inc. by acquiring an additional 215,686 shares, bringing its total to over 1.5 million shares valued at approximately $61.9 million. This move comes as Verizon showcased strong quarterly results, beating EPS and revenue estimates, and announced an increased quarterly dividend. The company also received a “Moderate Buy” consensus rating from analysts, with several firms upgrading their outlook on the stock.