Arkadios Wealth Advisors lowered its position in Vodafone Group Public Limited (NASDAQ:VOD – Free Report) by 23.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,886 shares of the cell phone carrier’s stock after selling 5,937 shares during the period. Arkadios Wealth Advisors’ holdings in Vodafone Group Public were worth $169,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. 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 valued at $47,000 after purchasing an additional 4,405 shares during the last quarter. CENTRAL TRUST Co grew its holdings in Vodafone Group Public by 37.8% during the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after purchasing an additional 1,513 shares during the last quarter. GAMMA Investing LLC grew its holdings in Vodafone Group Public by 79.9% during the third quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock valued at $70,000 after purchasing an additional 3,120 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. grew its holdings in Vodafone Group Public by 627.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock valued at $97,000 after purchasing an additional 8,324 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in Vodafone Group Public during the third quarter valued at approximately $101,000. Institutional investors and hedge funds own 7.84% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Vodafone Group Public presently has an average rating of “Moderate Buy”.
Vodafone Group Public Stock Down 0.4 %
VOD opened at $8.37 on Friday. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year 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. The stock has a market capitalization of $21.21 billion, a price-to-earnings ratio of 6.98, a P/E/G ratio of 0.57 and a beta of 0.77. The business has a 50 day moving average of $8.61 and a 200-day moving average of $9.22.
Vodafone Group Public Cuts Dividend
The firm also recently disclosed 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 of this dividend is Friday, November 22nd. This represents a dividend yield of 8%. Vodafone Group Public’s dividend payout ratio is 37.50%.
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.
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