Vodafone Group Public Limited (NASDAQ:VOD) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp grew its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 34.9% in the third quarter, HoldingsChannel reports. The fund owned 778,068 shares of the cell phone carrier’s stock after buying an additional 201,360 shares during the period. Stifel Financial Corp’s holdings in Vodafone Group Public were worth $7,796,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of VOD. Envestnet Portfolio Solutions Inc. acquired a new stake in Vodafone Group Public in the second quarter worth approximately $143,000. Blue Trust Inc. boosted its stake in Vodafone Group Public by 45.5% during the second quarter. Blue Trust Inc. now owns 9,386 shares of the cell phone carrier’s stock valued at $84,000 after buying an additional 2,935 shares in the last quarter. Vicus Capital grew its holdings in Vodafone Group Public by 10.0% during the second quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock worth $112,000 after acquiring an additional 1,144 shares during the period. Griffin Asset Management Inc. bought a new stake in Vodafone Group Public in the second quarter worth about $107,000. Finally, Tevis Investment Management lifted its holdings in Vodafone Group Public by 38.5% in the 2nd quarter. Tevis Investment Management now owns 115,724 shares of the cell phone carrier’s stock valued at $1,081,000 after acquiring an additional 32,164 shares during the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

NASDAQ VOD opened at $8.68 on Friday. 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 Limited has a 1 year low of $8.02 and a 1 year high of $10.39. The company has a market cap of $22.38 billion, a PE ratio of 8.35, a PEG ratio of 0.67 and a beta of 0.77. The stock’s 50-day moving average price is $9.24 and its two-hundred day moving average price is $9.37.

Vodafone Group Public Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be given a $0.2423 dividend. The ex-dividend date is Friday, November 22nd. This represents a dividend yield of 8%. Vodafone Group Public’s dividend payout ratio (DPR) is presently 42.86%.

Wall Street Analysts Forecast Growth

VOD has been the topic of a number of research reports. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About Vodafone Group Public

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.