BNP Paribas Financial Markets Sells 17,916 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

BNP Paribas Financial Markets decreased its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 38.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 28,186 shares of the cell phone carrier’s stock after selling 17,916 shares during the period. BNP Paribas Financial Markets’ holdings in Vodafone Group Public were worth $282,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Asset Dedication LLC increased its holdings in Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 4,000 shares in the last quarter. Trust Co. of Vermont grew its holdings in Vodafone Group Public by 1,493.2% during the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock worth $47,000 after buying an additional 4,405 shares in the last quarter. Rothschild Investment LLC purchased a new stake in Vodafone Group Public in the 2nd quarter valued at $49,000. CENTRAL TRUST Co lifted its stake in Vodafone Group Public by 37.8% during the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after acquiring an additional 1,513 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Vodafone Group Public by 79.9% during the 3rd quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock worth $70,000 after acquiring an additional 3,120 shares during the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Trading Up 0.1 %

Shares of NASDAQ:VOD opened at $8.69 on Monday. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year high of $10.39. The business has a fifty day moving average price of $9.20 and a two-hundred day moving average price of $9.36. 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 Cuts Dividend

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently 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.