Lazari Capital Management Inc. Decreases Position in Vodafone Group Public Limited (NASDAQ:VOD)

Lazari Capital Management Inc. lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 12.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,324 shares of the cell phone carrier’s stock after selling 3,137 shares during the period. Lazari Capital Management Inc.’s holdings in Vodafone Group Public were worth $181,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VOD. Dimensional Fund Advisors LP raised its holdings in shares of Vodafone Group Public by 3.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,785,945 shares of the cell phone carrier’s stock valued at $15,841,000 after purchasing an additional 59,478 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Vodafone Group Public by 6.5% in the 2nd quarter. Sei Investments Co. now owns 145,743 shares of the cell phone carrier’s stock valued at $1,293,000 after purchasing an additional 8,954 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Vodafone Group Public by 102.7% in the 2nd quarter. AQR Capital Management LLC now owns 104,783 shares of the cell phone carrier’s stock valued at $929,000 after purchasing an additional 53,087 shares in the last quarter. Creative Planning raised its holdings in shares of Vodafone Group Public by 10.3% in the 2nd quarter. Creative Planning now owns 270,102 shares of the cell phone carrier’s stock valued at $2,396,000 after purchasing an additional 25,290 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vodafone Group Public by 102.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 114,894 shares of the cell phone carrier’s stock valued at $1,019,000 after purchasing an additional 58,142 shares in the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 0.8 %

Shares of NASDAQ:VOD opened at $8.54 on Monday. The company’s fifty day moving average price is $8.57 and its 200 day moving average price is $9.20. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.39. 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 Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of 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 given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Vodafone Group Public 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.