Mirae Asset Global Investments Co. Ltd. Increases Holdings in Verizon Communications Inc. $VZ

Market Beat
2026.04.17 11:05
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Mirae Asset Global Investments Co. Ltd. increased its holdings in Verizon Communications Inc. by 4.2% in Q4, owning 4,466,332 shares valued at $181.9 million. Other institutional investors, including Vanguard and State Street, also raised their stakes. Positive sentiment surrounds Verizon, with Seeking Alpha labeling it a "Strong Buy" due to resilient cash flow and attractive dividends. Verizon's partnership with FIFA for the 2026 World Cup is expected to enhance its market presence. However, Morgan Stanley and RBC Capital maintain neutral ratings, indicating cautious optimism.