Easterly Investment Partners LLC trimmed its stake in shares of Verizon Communications Inc. ( NYSE:VZ – Get Rating ) by 56.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,598 shares of the cell phone carrier's stock after selling 355,516 shares during the quarter. Easterly Investment Partners LLC's holdings in Verizon Communications were worth $10,780,000 at the end of the most recent reporting period.

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