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One Wealth Capital joins other investors in buying Verizon shares, despite a "Hold" rating and mixed market views.
One Wealth Capital Management LLC bought shares of Verizon Communications Inc. (VZ) in Q4, joining several other institutional investors increasing their stakes.
Despite mixed market evaluations, Verizon reported a Q4 EPS of $1.19, slightly above estimates, and has declared a quarterly dividend of $0.6775.
Analysts have given the stock a "Hold" rating with an average target price of $46.54.
Institutional investors own 62.06% of Verizon's stock.
4 months ago
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