Two Sigma Advisers LP Boosts Position in Vodafone Group Public Limited (NASDAQ:VOD)

Two Sigma Advisers LP boosted its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 9.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 866,800 shares of the cell phone carrier's stock after acquiring an additional 77,200 shares during the period. Two Sigma Advisers LP's holdings in Vodafone Group Public were worth $7,359,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its stake in 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 acquiring an additional 1,899 shares during the last quarter. GeoWealth Management LLC raised its holdings in Vodafone Group Public by 258.0% in the 4th quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier's stock worth $44,000 after acquiring an additional 3,733 shares during the last quarter. CoreCap Advisors LLC raised its position in Vodafone Group Public by 509.7% in the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier's stock worth $58,000 after buying an additional 5,709 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in Vodafone Group Public by 912.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier's stock valued at $61,000 after buying an additional 6,500 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in Vodafone Group Public by 84.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier's stock worth $87,000 after buying an additional 4,846 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Vodafone Group Public in a research report on Wednesday, April 23rd. Wall Street Zen cut Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Tuesday. Bank of America cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a report 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 research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold".

Vodafone Group Public Stock Performance

Shares of NASDAQ VOD traded down $0.03 during midday trading on Thursday, reaching $10.37. The company had a trading volume of 8,406,323 shares, compared to its average volume of 8,283,741. The stock has a market cap of $25.80 billion, a P/E ratio of 9.09, a P/E/G ratio of 0.66 and a beta of 0.61. 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 business's 50-day simple moving average is $9.37 and its 200 day simple moving average is $8.94. 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 announced 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. The ex-dividend date is Friday, June 6th. This represents a dividend yield of 6.6%. Vodafone Group Public's dividend payout ratio is currently 41.23%.

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.