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Lawood & Co. Buys New Holdings in Verizon Communications Inc. $VZ

2026-05-18 05:09:34

Lawood & Co. has acquired a new stake in Verizon Communications Inc. (NYSE:VZ), purchasing 35,391 shares valued at approximately $1.44 million, making it their 23rd largest holding. This move is indicative of broader institutional interest, with 62.06% of Verizon's stock now owned by institutional investors and hedge funds, including increased positions from SBI Securities, Avanza Fonder, and Stratos Wealth Partners. Verizon is supported by positive operational catalysts like FCC approval for a spectrum purchase and participation in a satellite venture, alongside an average "Moderate Buy" analyst rating and a consensus price target of $50.59.

VZ0.37%

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