Fintel reports that on October 24, 2024, Keybanc downgraded their outlook for Verizon Communications (SNSE:VZ) from Overweight to Sector Weight.
What is the Fund Sentiment?
There are 4,052 funds or institutions reporting positions in Verizon Communications. This is an increase of 23 owner(s) or 0.57% in the last quarter. Average portfolio weight of all funds dedicated to VZ is 0.51%, an increase of 2.20%. Total shares owned by institutions increased in the last three months by 5.68% to 2,894,507K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 119,744K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 118,972K shares , representing an increase of 0.64%. The firm decreased its portfolio allocation in VZ by 3.81% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 108,034K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 105,952K shares , representing an increase of 1.93%. The firm decreased its portfolio allocation in VZ by 5.13% over the last quarter.
Charles Schwab Investment Management holds 95,337K shares representing 2.26% ownership of the company. In its prior filing, the firm reported owning 95,708K shares , representing a decrease of 0.39%. The firm decreased its portfolio allocation in VZ by 31.91% over the last quarter.
Geode Capital Management holds 93,743K shares representing 2.23% ownership of the company. In its prior filing, the firm reported owning 90,890K shares , representing an increase of 3.04%. The firm decreased its portfolio allocation in VZ by 49.77% over the last quarter.
Norges Bank holds 55,461K shares representing 1.32% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
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