Ritholtz Wealth Management cut its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 13.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 364,342 shares of the cell phone carrier's stock after selling 55,394 shares during the quarter. Ritholtz Wealth Management's holdings in Vodafone Group Public were worth $3,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. NBC Securities Inc. raised its stake in Vodafone Group Public by 116,833.3% in the first quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier's stock valued at $32,000 after purchasing an additional 3,505 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock worth $41,000 after buying an additional 1,899 shares during the last quarter. GeoWealth Management LLC raised its position in shares of Vodafone Group Public by 258.0% during the 4th quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier's stock valued at $44,000 after buying an additional 3,733 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Vodafone Group Public by 509.7% during the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier's stock worth $58,000 after acquiring an additional 5,709 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in Vodafone Group Public in the first quarter valued at $60,000. 7.84% of the stock is currently owned by hedge funds and other institutional investors.
Vodafone Group Public Trading Down 0.2%
Shares of VOD stock opened at $9.98 on Monday. The business has a 50-day moving average of $9.61 and a 200 day moving average of $9.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. Vodafone Group Public Limited has a 1-year low of $8.00 and a 1-year high of $10.60. The stock has a market capitalization of $24.74 billion, a PE ratio of 8.75, a P/E/G ratio of 0.66 and a beta of 0.58.
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%.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. Bank of America lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. DZ Bank raised Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Vodafone Group Public in a research note on Wednesday, April 23rd. Finally, Wall Street Zen cut shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Tuesday, May 27th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".
View Our Latest Stock Report on Vodafone Group Public
About Vodafone Group Public
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group Public Limited (NASDAQ:VOD - Free Report).
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