"Institutional Investors' 65% Stake in Verizon Pays Off as Stock Soars 6.9%"

Ladies and gentlemen, buckle up! We've got a hot stock on our hands, and it's not just any stock—it's Verizon Communications Inc. (NYSE:VZ). Last week, this telecommunications giant saw its stock price surge by a whopping 6.9%, and guess who's reaping the benefits? Institutional investors, who control a staggering 65% of the company's shares. That's right, folks! These big players are sitting pretty, and you should be too!



So, what's driving this incredible performance? Let's break it down:

1. Fixed Wireless Access (FWA) Subscriber Growth: Verizon has been on a roll with its fixed wireless access subscribers, hitting nearly 4.2 million as of the end of third-quarter 2024. That's a 57% year-over-year increase, and they're not slowing down anytime soon. The company is on track to double its fixed wireless subscribers to 8-9 million by 2028. This is a game-changer, folks! Verizon is delivering unmatched broadband coverage to millions more homes and businesses nationwide.

2. Fiber Network Expansion: Verizon's fiber network is set to expand to 35-40 million passings over time. The acquisition of Frontier Communications, the largest pure-play fiber internet provider in the U.S., is expected to bring in approximately 9-10 million fiber passings. This is a massive move that will significantly expand Verizon's fiber footprint, accelerating the company’s delivery of premium mobility and broadband services to current and new customers.

3. Strong Financial Performance: Verizon's financial performance is nothing short of impressive. With annual revenues of US$133 billion in 2024 and a Fortune 500 ranking of #68 in 2024, this company is a powerhouse. And let's not forget about that dividend! Verizon has an annual dividend of $2.71 per share, with a yield of 5.88%. The next ex-dividend date is April 10, 2025, so mark your calendars, folks!

4. Innovative Broadband Strategies: Verizon is not just sitting on its laurels. The company is aggressively pushing into fixed wireless access and plans to commercially launch its advanced mmWave solution for apartment and office buildings. This technology leverages existing infrastructure, making it less expensive to build and faster to deploy. Verizon is delivering the best-in-class experience that customers expect, and that's why the stock is on fire!

5. Customer-Centric Innovations: Verizon is all about the customer experience. The company is introducing new products like myPlan and myHome to enhance customer engagement and ensure that its offerings resonate with consumer needs. This customer-centric approach is crucial for maintaining and growing its subscriber base.

Now, you might be wondering, "What does this mean for individual investors like me?" Well, let me tell you, the 65% institutional ownership of Verizon Communications Inc. is a double-edged sword. On one hand, it provides stability and confidence in the company's long-term prospects. On the other hand, it can make it challenging for individual investors to compete with these big players.

But here's the thing, folks: Verizon's high dividend yield and commitment to maintaining an industry-leading dividend indicate that the company is a strong investment option for those seeking stable income. Its consistent dividend payments and strong financial performance make it an attractive choice for investors in the telecommunications sector.

So, what's the bottom line? Verizon Communications Inc. (NYSE:VZ) is a no-brainer! With its accelerated FWA subscriber growth, fiber network expansion, strong financial performance, innovative broadband strategies, and customer-centric innovations, this company is poised for continued success. Don't miss out on this opportunity, folks! BUY NOW!