180 Wealth Advisors LLC Purchases 2,590 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

180 Wealth Advisors LLC boosted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 6.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,777 shares of the cell phone carrier’s stock after buying an additional 2,590 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Vodafone Group Public were worth $363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VOD. Stifel Financial Corp increased its position in Vodafone Group Public by 34.9% during the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after purchasing an additional 201,360 shares during the period. Oppenheimer & Co. Inc. increased its position in Vodafone Group Public by 1,119.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after purchasing an additional 864,924 shares during the period. International Assets Investment Management LLC purchased a new position in Vodafone Group Public during the 3rd quarter valued at $7,482,000. Goldentree Asset Management LP increased its position 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 purchasing an additional 60,943 shares during the period. Finally, Clifford Capital Partners LLC increased its position in Vodafone Group Public by 30.1% during the 2nd quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock valued at $17,848,000 after purchasing an additional 465,802 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $8.48 on Thursday. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $10.39. The company’s 50-day moving average is $8.68 and its 200 day moving average is $9.25. The company has a market capitalization of $21.48 billion, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 0.61 and a beta of 0.77. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37.

Vodafone Group Public Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.2423 per share. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd. Vodafone Group Public’s dividend payout ratio is currently 42.86%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with 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.com, the company 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.