Two Sigma Investments LP trimmed its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 83.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,718 shares of the cell phone carrier's stock after selling 59,582 shares during the period. Two Sigma Investments LP's holdings in Vodafone Group Public were worth $99,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VOD. Entropy Technologies LP bought a new stake in Vodafone Group Public during the 4th quarter worth approximately $110,000. Allspring Global Investments Holdings LLC increased its holdings in Vodafone Group Public by 20.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 15,767 shares of the cell phone carrier's stock worth $134,000 after purchasing an additional 2,633 shares in the last quarter. Ingalls & Snyder LLC bought a new stake in Vodafone Group Public during the 4th quarter worth approximately $121,000. ABC Arbitrage SA bought a new position in shares of Vodafone Group Public in the fourth quarter valued at approximately $22,646,000. Finally, Allworth Financial LP grew its holdings in shares of Vodafone Group Public by 9.0% in the fourth quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier's stock valued at $227,000 after acquiring an additional 2,246 shares in the last quarter. 7.84% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on VOD shares. Wall Street Zen lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Tuesday, May 27th. DZ Bank raised Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Vodafone Group Public in a report on Wednesday, April 23rd. Finally, Bank of America lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, four have assigned 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, Vodafone Group Public presently has a consensus rating of "Hold".
View Our Latest Stock Report on VOD
Vodafone Group Public Stock Performance
Shares of NASDAQ:VOD traded down $0.02 during trading on Friday, hitting $9.98. 10,630,934 shares of the company were exchanged, compared to its average volume of 8,693,364. The company has a market cap of $24.74 billion, a PE ratio of 8.75, a P/E/G ratio of 0.66 and a beta of 0.58. The stock has a 50 day moving average of $9.61 and a 200 day moving average of $9.04. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.60. 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 Cuts Dividend
The business also recently announced a semi-annual dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, June 6th will be given 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 Company Profile
(
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.
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