Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management lowered its position in Vodafone Group Public Limited (NASDAQ:VOD) by 26.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 419,736 shares of the cell phone carrier’s stock after selling 151,897 shares during the quarter. Ritholtz Wealth Management’s holdings in Vodafone Group Public were worth $3,564,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in shares of Vodafone Group Public by 87.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 80,535 shares of the cell phone carrier’s stock worth $714,000 after purchasing an additional 37,484 shares during the last quarter. Rhumbline Advisers increased its position in shares of Vodafone Group Public by 19.6% in the 2nd quarter. Rhumbline Advisers now owns 24,549 shares of the cell phone carrier’s stock worth $218,000 after purchasing an additional 4,015 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Vodafone Group Public by 30.0% in the 2nd quarter. Private Advisor Group LLC now owns 63,370 shares of the cell phone carrier’s stock worth $562,000 after purchasing an additional 14,606 shares during the last quarter. Choreo LLC bought a new stake in shares of Vodafone Group Public in the 2nd quarter worth about $184,000. Finally, American Century Companies Inc. grew its position in shares of Vodafone Group Public by 8.0% during the 2nd quarter. American Century Companies Inc. now owns 1,084,850 shares of the cell phone carrier’s stock valued at $9,623,000 after buying an additional 80,077 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Trading Down 0.1 %

Shares of NASDAQ:VOD opened at $8.48 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a fifty-two week low of $8.02 and a fifty-two week high of $10.39. The firm has a 50-day simple moving average of $8.67 and a 200 day simple moving average of $9.24.

Vodafone Group Public Cuts Dividend

The company 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.

Wall Street Analyst Weigh In

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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Company 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.