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Verizon Communications Inc. $VZ Stock Holdings Increased by Buck Wealth Strategies LLC
Buck Wealth Strategies LLC significantly increased its stake in Verizon Communications Inc. (NYSE:VZ) by 11.1% in the fourth quarter, bringing its total holdings to 294,449 shares valued at approximately $12 million. This increase follows a strong earnings report by Verizon, which exceeded EPS estimates and saw a 2.7% year-over-year revenue growth. Despite some insider selling, analysts maintain a “Moderate Buy” consensus rating with an average price target of $50.59, driven by positive sentiment around upcoming investor conferences, revised earnings estimates, and strategic fiber expansion and buyback plans.