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Meritage Portfolio Management Has $293,000 Stock Position in Verizon Communications Inc. $VZ
Meritage Portfolio Management significantly reduced its stake in Verizon Communications Inc. by 90.9% in Q4, selling 72,168 shares, though it still holds 7,190 shares valued at $293,000. This trimming coincides with considerable insider selling, including Verizon Director Hans Erik Vestberg offloading 200,000 shares. The company, which is set to report Q1 2026 earnings on April 27th, recently increased its quarterly dividend to $0.7075 per share, offering a 6.2% yield.