Becker Capital Management Inc. increased its holdings in shares of Verizon Communications Inc. ( NYSE:VZ – Get Rating ) by 5,975.0% during the fourth quarter, Holdings Channel reports. The fund owned 740,173 shares of the cell phone carrier's stock after purchasing an additional 727,989 shares during the period. Verizon Communications makes up about 1.4% of Becker Capital Management Inc.'s portfolio, making the stock its 23rd biggest position. Becker Capital Management Inc.'s holdings in Verizon Communications were worth $29,163,000 as of its most recent SEC filing.

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