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Manufacturers Life Insurance Cuts Verizon Stake by 5%

Verizon logoVerizon
Sig1.35Sen+0.15Env0.00Soc0.00Gov0.00

State Street Corp increased its Verizon stake to 222,951,399 shares, while Geode Capital Management, Bank of America, Norges Bank, and others also bought additional shares. Manufacturers Life Insurance trimmed its Verizon stake by 5% in the second quarter, according to SEC disclosure. Morgan Stanley raised its price target and reiterated an equal weight rating.

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