Cwm LLC Boosts Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Cwm LLC boosted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 24.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,810 shares of the cell phone carrier’s stock after buying an additional 6,510 shares during the quarter. Cwm LLC’s holdings in Vodafone Group Public were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of VOD. ICICI Prudential Asset Management Co Ltd boosted its stake in Vodafone Group Public by 17.8% during the fourth 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 buying an additional 1,400,000 shares during the period. FMR LLC boosted its stake in Vodafone Group Public by 87.9% during the third quarter. FMR LLC now owns 2,369,456 shares of the cell phone carrier’s stock worth $22,462,000 after buying an additional 1,108,312 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in Vodafone Group Public by 97.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 617,016 shares of the cell phone carrier’s stock worth $5,849,000 after buying an additional 304,898 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Vodafone Group Public by 19,827.9% during the fourth quarter. Russell Investments Group Ltd. now owns 189,514 shares of the cell phone carrier’s stock valued at $1,649,000 after purchasing an additional 188,563 shares during the period. Finally, Stifel Financial Corp boosted its stake in shares of Vodafone Group Public by 70.3% during the third quarter. Stifel Financial Corp now owns 430,828 shares of the cell phone carrier’s stock valued at $4,084,000 after purchasing an additional 177,825 shares during the period. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Price Performance

VOD stock opened at $9.05 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. The business has a 50-day moving average price of $8.98 and a 200 day moving average price of $8.78. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.19.

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 issued a $0.469 dividend. The ex-dividend date is Friday, June 7th. This represents a dividend yield of 9.6%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on VOD shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Vodafone Group Public in a research note on Thursday. They set a “buy” rating for the company. StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, May 27th.

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.