Michels Family Financial LLC Makes New $743,000 Investment in Vodafone Group Public Limited (NASDAQ:VOD)

Michels Family Financial LLC bought a new position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 87,484 shares of the cell phone carrier's stock, valued at approximately $743,000.

Several other large investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC raised its stake in Vodafone Group Public by 11.2% in the fourth quarter. Quadrant Capital Group LLC now owns 14,409 shares of the cell phone carrier's stock valued at $123,000 after purchasing an additional 1,454 shares in the last quarter. Cahill Financial Advisors Inc. increased its holdings in shares of Vodafone Group Public by 8.6% in the 4th quarter. Cahill Financial Advisors Inc. now owns 20,395 shares of the cell phone carrier's stock worth $173,000 after buying an additional 1,611 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in shares of Vodafone Group Public by 17.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 10,819 shares of the cell phone carrier's stock valued at $92,000 after buying an additional 1,631 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Vodafone Group Public by 63.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock worth $41,000 after acquiring an additional 1,899 shares during the last quarter. Finally, SOL Capital Management CO increased its stake in Vodafone Group Public by 14.1% in the fourth quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier's stock valued at $138,000 after acquiring an additional 2,000 shares during the last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Trading Up 0.3%

VOD stock traded up $0.03 during trading on Tuesday, hitting $10.50. 17,703,080 shares of the company traded hands, compared to its average volume of 8,216,943. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The company has a 50-day moving average of $9.34 and a 200-day moving average of $8.91. The firm has a market capitalization of $26.14 billion, a PE ratio of 9.21, a P/E/G ratio of 0.66 and a beta of 0.61. Vodafone Group Public Limited has a 1 year low of $8.00 and a 1 year high of $10.60.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, June 6th will be paid a dividend of $0.2355 per share. This represents a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, June 6th. Vodafone Group Public's dividend payout ratio (DPR) is presently 41.23%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VOD. Wall Street Zen lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Tuesday. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Vodafone Group Public in a research note on Wednesday, April 23rd. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Finally, DZ Bank raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

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.