Vodafone Group Public Limited (NASDAQ:VOD) Position Increased by HF Advisory Group LLC

HF Advisory Group LLC increased its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 2.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 157,512 shares of the cell phone carrier’s stock after buying an additional 3,827 shares during the period. HF Advisory Group LLC’s holdings in Vodafone Group Public were worth $1,337,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Mediolanum International Funds Ltd bought a new stake in Vodafone Group Public in the third quarter valued at $82,716,000. Bank of Montreal Can grew its position in Vodafone Group Public by 445.7% in the 2nd quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock worth $34,055,000 after purchasing an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Vodafone Group Public by 345.2% in the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock valued at $26,786,000 after purchasing an additional 2,346,815 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after buying an additional 2,145,085 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Vodafone Group Public by 1,119.6% during the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after buying an additional 864,924 shares during the period. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD opened at $8.48 on Friday. The company has a 50 day moving average of $8.63 and a 200-day moving average of $9.23. 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 twelve month low of $8.02 and a twelve month high of $10.39.

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 given a $0.2423 dividend. The ex-dividend date is Friday, November 22nd. This represents a yield of 8%.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered 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 stock. According to data from MarketBeat.com, the stock currently has a consensus 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.