<div id="readability-page-1"><p>Cadinha &amp; Co. LLC decreased its position in  Verizon Communications Inc. (NYSE:VZ - Free Report) by 89.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 37,695 shares of the cell phone carrier's stock after selling 310,021 shares during the quarter. Cadinha &amp; Co. LLC's holdings in Verizon Communications were worth $1,657,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Verizon Communications</strong> alerts:</span></p></div><ul><li>AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week</li></ul><p>A number of other hedge funds have also recently bought and sold shares of VZ. Brighton Jones LLC boosted its holdings in  Verizon Communications by 61.2% during the fourth quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier's stock worth $1,759,000 after buying an additional 16,704 shares in the last quarter.  State of Wyoming lifted its position in shares of  Verizon Communications by 69.2% during the 1st quarter. State of Wyoming now owns 7,482 shares of the cell phone carrier's stock valued at $339,000 after acquiring an additional 3,060 shares during the last quarter.  WPG Advisers LLC bought a new stake in shares of  Verizon Communications during the 1st quarter worth $129,000.  Evergreen Capital Management LLC grew its holdings in shares of  Verizon Communications by 50.3% in the 1st quarter. Evergreen Capital Management LLC now owns 40,055 shares of the cell phone carrier's stock worth $1,817,000 after acquiring an additional 13,413 shares during the last quarter.  Finally, Activest Wealth Management raised its position in shares of  Verizon Communications by 6.3% during the first quarter. Activest Wealth Management now owns 5,054 shares of the cell phone carrier's stock worth $229,000 after purchasing an additional 299 shares during the period. 62.06% of the stock is owned by institutional investors and hedge funds. </p><h2>Verizon Communications Price Performance</h2><p>Shares of VZ opened at $40.49 on Friday. The business's 50-day moving average is $40.36 and its 200-day moving average is $42.01. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.74 and a quick ratio of 0.69. The company has a market capitalization of $170.74 billion, a price-to-earnings ratio of 8.65, a P/E/G ratio of 3.62 and a beta of 0.33. Verizon Communications Inc. has a fifty-two week low of $37.58 and a fifty-two week high of $47.35. </p><ul><li>Dividend Growth Is Heating Up: 3 Stocks With Steady Payout Gains</li></ul><p>Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The cell phone carrier reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.02. The firm had revenue of $33.82 billion for the quarter, compared to the consensus estimate of $34.19 billion. Verizon Communications had a net margin of 14.43% and a return on equity of 19.31%. The firm's revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.19 earnings per share.  Equities research analysts expect that  Verizon Communications Inc. will post 4.69 EPS for the current fiscal year. </p><h2>Verizon Communications Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be paid a $0.69 dividend. The ex-dividend date of this dividend is Monday, January 12th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.8%. Verizon Communications's dividend payout ratio  is 58.97%. </p><h2>Analyst Ratings Changes</h2><ul><li>Here's What We Learned From AST SpaceMobile's Q3 Earnings Report</li></ul><p>A number of equities analysts recently weighed in on the company. JPMorgan Chase &amp; Co. decreased their price target on Verizon Communications from $49.00 to $47.00 and set a &#34;neutral&#34; rating for the company in a research report on Thursday, October 30th. TD Cowen reduced their price objective on shares of Verizon Communications from $56.00 to $51.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, October 30th. BNP Paribas downgraded shares of Verizon Communications from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, October 21st. Scotiabank boosted their price target on shares of Verizon Communications from $50.50 to $51.00 and gave the company a &#34;sector perform&#34; rating in a report on Thursday, October 30th. Finally, The Goldman Sachs Group assumed coverage on shares of Verizon Communications in a research report on Tuesday, September 2nd. They issued a &#34;buy&#34; rating and a $49.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, six have assigned  a Buy rating and eleven have assigned  a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $47.47.</p><p><b>Check Out Our Latest Analysis on VZ</b></p><h2>About Verizon Communications</h2> (Free Report)<p>Verizon Communications Inc <span>NYSE: VZ<span></span></span> is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.  </p><p>The company's consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.</p><h2>Read More</h2><ul><li>Five stocks we like better than Verizon Communications</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>ALERT: Drop these 5 stocks before January 2026!</li><li>The $650 Million Bet on AI's Future</li><li>Nvidia x 1,000,000</li><li>GOLD ALERT</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVZa?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVZa"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Verizon Communications Right Now?</h2><p>Before you consider Verizon Communications, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Verizon Communications wasn't on the list.</p><p>While Verizon Communications currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Cadinha & Co. LLC significantly reduced its stake in Verizon Communications Inc. by 89.2% in the third quarter, as per their latest SEC filing. The firm now holds 37,695 shares, valued at $1,657,000. Other hedge funds have also adjusted their positions in Verizon. The company's stock opened at $40.49, with a market cap of $170.74 billion. Verizon reported a quarterly EPS of $1.21, surpassing estimates, and declared a quarterly dividend of $0.69.</p>

Verizon Communications Inc. $VZ Stock Position Lowered by Cadinha & Co. LLC