Alaska Permanent Fund Corp Makes New Investment in Vodafone Group Public Limited (NASDAQ:VOD)

Alaska Permanent Fund Corp acquired a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,043 shares of the cell phone carrier’s stock, valued at approximately $143,000.

A number of other hedge funds have also recently bought and sold shares of VOD. ICICI Prudential Asset Management Co Ltd boosted its holdings in Vodafone Group Public by 17.8% during the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 9,269,284 shares of the cell phone carrier’s stock worth $80,643,000 after acquiring an additional 1,400,000 shares during the last quarter. FMR LLC boosted its holdings in Vodafone Group Public by 87.9% during the 3rd quarter. FMR LLC now owns 2,369,456 shares of the cell phone carrier’s stock worth $22,462,000 after acquiring an additional 1,108,312 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in Vodafone Group Public by 97.7% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 617,016 shares of the cell phone carrier’s stock worth $5,849,000 after acquiring an additional 304,898 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Vodafone Group Public by 19,827.9% during the 4th quarter. Russell Investments Group Ltd. now owns 189,514 shares of the cell phone carrier’s stock worth $1,649,000 after acquiring an additional 188,563 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in Vodafone Group Public by 70.3% during the 3rd quarter. Stifel Financial Corp now owns 430,828 shares of the cell phone carrier’s stock worth $4,084,000 after acquiring an additional 177,825 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VOD has been the topic of a number of research analyst reports. StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, May 27th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Vodafone Group Public in a report on Thursday. They issued a “buy” rating on the stock.

Vodafone Group Public Price Performance

Shares of Vodafone Group Public stock opened at $9.05 on Friday. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $10.19. The stock’s 50-day simple moving average is $8.98 and its 200 day simple moving average is $8.78. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Vodafone Group Public Cuts Dividend

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, June 7th will be paid a $0.469 dividend. This represents a yield of 9.6%. The ex-dividend date is Friday, June 7th.

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.