Lansforsakringar Fondforvaltning AB publ Sells 158,610 Shares of Verizon Communications Inc. $VZ

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Lansforsakringar Fondforvaltning AB publ reduced its stake in Verizon Communications Inc. by 6.3% during the third quarter, selling 158,610 shares. This move leaves the firm owning 2,373,204 shares, valued at over $104 million, with Verizon representing 0.5% of its portfolio. Other institutional investors showed mixed activity, while analysts have a “Moderate Buy” consensus rating for Verizon with a target price around $49.02.

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