Ascent Group LLC Increases Position in Vodafone Group Public Limited (NASDAQ:VOD)

Ascent Group LLC boosted its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 29.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,839 shares of the cell phone carrier’s stock after purchasing an additional 4,491 shares during the period. Ascent Group LLC’s holdings in Vodafone Group Public were worth $199,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Vodafone Group Public by 627.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock valued at $97,000 after buying an additional 8,324 shares during the last quarter. Goldentree Asset Management LP boosted its stake in Vodafone Group Public by 1.9% during the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after acquiring an additional 60,943 shares during the last quarter. Bridgewater Associates LP grew its holdings in Vodafone Group Public by 233.0% during the 3rd quarter. Bridgewater Associates LP now owns 210,210 shares of the cell phone carrier’s stock worth $2,106,000 after acquiring an additional 147,081 shares in the last quarter. Townsquare Capital LLC increased its position in shares of Vodafone Group Public by 58.2% in the 3rd quarter. Townsquare Capital LLC now owns 44,431 shares of the cell phone carrier’s stock worth $445,000 after purchasing an additional 16,345 shares during the last quarter. Finally, FMR LLC lifted its position in shares of Vodafone Group Public by 12.4% during the third quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier’s stock worth $18,391,000 after purchasing an additional 202,339 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

VOD stock opened at $9.06 on Friday. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39. The firm has a fifty day moving average price of $9.32 and a two-hundred day moving average price of $9.38. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be given a dividend of $0.2423 per share. This represents a dividend yield of 8%. The ex-dividend date is Friday, November 22nd.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Vodafone Group Public presently has an average rating of “Moderate Buy”.

Vodafone Group Public Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.