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Aberdeen Group plc Has $199.86 Million Stock Holdings in Verizon Communications Inc. $VZ
Aberdeen Group plc reduced its stake in Verizon Communications Inc. by 2.3% in the fourth quarter, now holding shares worth $199.86 million. Despite this, other institutional investors increased their holdings, and Verizon recently announced an increased quarterly dividend. Analysts maintain a “Moderate Buy” consensus rating for Verizon, with a consensus target price of $50.56.