Sanctuary Advisors LLC Raises Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Sanctuary Advisors LLC grew its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 10.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,610 shares of the cell phone carrier’s stock after buying an additional 4,857 shares during the quarter. Sanctuary Advisors LLC’s holdings in Vodafone Group Public were worth $537,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in VOD. ACR Alpine Capital Research LLC boosted its holdings in Vodafone Group Public by 1.2% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 21,870,016 shares of the cell phone carrier’s stock worth $193,987,000 after acquiring an additional 261,060 shares during the period. Mediolanum International Funds Ltd purchased a new position in shares of Vodafone Group Public in the third quarter valued at $82,716,000. Oppenheimer Asset Management Inc. grew its holdings in Vodafone Group Public by 9.6% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier’s stock valued at $44,214,000 after purchasing an additional 435,877 shares in the last quarter. Bank of Montreal Can increased its stake in Vodafone Group Public by 12.4% during 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 buying an additional 472,537 shares during the period. Finally, Goldentree Asset Management LP lifted its holdings in Vodafone Group Public by 1.9% in 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. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analyst Upgrades and Downgrades

VOD has been the topic of a number of analyst reports. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. Two investment 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.com, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of VOD opened at $8.43 on Thursday. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The firm has a market cap of $21.73 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 0.61 and a beta of 0.77. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39. The stock has a 50 day moving average of $9.03 and a 200-day moving average of $9.30.

Vodafone Group Public Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, November 22nd will be given a $0.2423 dividend. The ex-dividend date is Friday, November 22nd. This represents a dividend yield of 8%. Vodafone Group Public’s payout ratio is currently 42.86%.

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.