Hillsdale Investment Management Inc. significantly increased its stake in Verizon Communications Inc. by 43.9%, acquiring an additional 25,150 shares, bringing their total ownership to 82,486 shares valued at $3.63 million. Institutional investors now hold approximately 62.06% of the company’s stock, reflecting a “Moderate Buy” consensus from analysts with a target price of $49.02. Verizon also reported strong Q4 results, beating revenue and EPS estimates, setting optimistic FY2026 EPS guidance, and increasing its quarterly dividend to $0.7075, offering a 5.7% yield.
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Verizon Communications Inc. $VZ Shares Acquired by Hillsdale Investment Management Inc.
Hillsdale Investment Management Inc. significantly increased its stake in Verizon Communications Inc. by 43.9%, acquiring an additional 25,150 shares, bringing their total ownership to 82,486 shares valued at $3.63 million. Institutional investors now hold approximately 62.06% of the company’s stock, reflecting a “Moderate Buy” consensus from analysts with a target price of $49.02. Verizon also reported strong Q4 results, beating revenue and EPS estimates, setting optimistic FY2026 EPS guidance, and increasing its quarterly dividend to $0.7075, offering a 5.7% yield.