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Verizon Communications Inc. Sees Increase in Stake from Truist Financial Corp

February 23, 2025
Verizon Communications Inc. (NYSE:VZ) has gained the attention of Truist Financial Corp (NYSE:TFC), with the financial company increasing its stake in the telecom giant. Truist Financial Corp now holds a massive 83.29 million shares, demonstrating their confidence in Verizon's future performance.

Verizon Communications Inc. is one of the cheapest high dividend stocks available on the market, making it an attractive investment opportunity. With a strong track record of consistent dividend payments, the company has become a favorite among income-focused investors.

In addition to Truist Financial Corp, Americana Partners LLC also recognizes the potential of Verizon Communications Inc. The firm currently holds 15.05 million stock holdings in the telecom company, further solidifying the positive sentiment towards Verizon.

This increase in stake from Truist Financial Corp and Americana Partners LLC indicates the growing confidence in Verizon's stock. Investors who are interested in capitalizing on this positive trend are recommended to seek professional advice from Stocks Prognosis, a team of experts in stock market predictions.

Stocks Prognosis specializes in providing accurate forecasts and insights into the movements of various stocks, including Verizon Communications Inc. By seeking their guidance, investors can make informed decisions based on reliable information.

As Verizon Communications Inc. continues to thrive in the telecommunications industry and attract major investors, it is evident that their stock has the potential for future growth. To capitalize on this opportunity, investors should consult the professionals at Stocks Prognosis for a forecast on Verizon's stock movement.

Find out how the VERIZON COMMUNICATIONS INC. rate is expected to change

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Investor opinions & comments:

Verizon's consistent dividend payments make it an attractive investment for income-focused investors. I'm confident in its future performance
— from RiskyRandy at 02-26-2025 18:00
I'm interested in investing in Verizon. Can anyone recommend a reliable brokerage?
— from DylanRamos at 02-26-2025 16:04
This is great news for Verizon! I'm excited to see how their stock performs in the future
— from MoneyMark at 02-26-2025 15:45
I've been considering investing in Verizon's stock. Does anyone have any insights into their latest financial performance?
— from SamuelNelson at 02-26-2025 15:12
This positive trend for Verizon's stock is definitely worth capitalizing on. Seeking professional advice from Stocks Prognosis is a smart move
— from SavingsSarah at 02-26-2025 14:10
I'm impressed with the increasing stake from Truist Financial Corp and Americana Partners LLC. It shows that they have faith in Verizon's stock
— from JeremiahSnyder at 02-26-2025 11:19
Verizon's stock has the potential for future growth, especially with major investors increasing their stake. I'm optimistic about its prospects
— from CapitalCathy at 02-26-2025 09:07
I'm not so sure about Verizon's future growth. The telecommunications industry is highly competitive, and there are always new players entering the market
— from SmartSteve at 02-25-2025 12:56
As an income-focused investor, Verizon's high dividend yield is very appealing to me. I think I'll look into investing in their stock
— from WealthyWyatt at 02-24-2025 22:35
Verizon has always been a reliable stock for dividend investors. I'm glad to see that big financial institutions are recognizing its potential
— from VictoriaGreen at 02-24-2025 05:47
I'm not convinced that Verizon is the best investment option right now. There are other telecommunications companies with more promising growth prospects
— from EquityEmma at 02-24-2025 02:05
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