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KLP Kapitalforvaltning AS Has $90.06 Million Stake in Verizon Communications Inc. $VZ
KLP Kapitalforvaltning AS increased its stake in Verizon Communications Inc. by 5.7% in the fourth quarter, bringing their total holdings to 2,211,224 shares valued at $90.06 million. This move contributes to the overall institutional ownership of approximately 62.06% in Verizon. The company has also boosted its quarterly dividend, while some insiders have recently sold shares.