Turtle Creek Wealth Advisors LLC Acquires 2,788 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Turtle Creek Wealth Advisors LLC lifted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 8.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,191 shares of the cell phone carrier’s stock after acquiring an additional 2,788 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Vodafone Group Public were worth $307,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VOD. Mediolanum International Funds Ltd bought a new stake in shares of Vodafone Group Public in the 3rd quarter worth $82,716,000. Bank of Montreal Can grew its position in Vodafone Group Public by 12.4% in the 3rd quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock worth $43,161,000 after purchasing an additional 472,537 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vodafone Group Public by 177.1% in the 3rd 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. Goldentree Asset Management LP lifted its position in shares of 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 worth $32,898,000 after buying an additional 60,943 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Vodafone Group Public by 12.4% in the 3rd quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier’s stock worth $18,391,000 after buying an additional 202,339 shares during the last quarter. Institutional investors own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two 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. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

NASDAQ VOD opened at $8.61 on Friday. 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 Limited has a 52-week low of $8.02 and a 52-week high of $10.39. The company has a 50-day simple moving average of $8.57 and a 200 day simple moving average of $9.20.

Vodafone Group Public Cuts Dividend

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

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.