Waverly Advisors LLC Acquires New Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Waverly Advisors LLC acquired a new position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 25,388 shares of the cell phone carrier's stock, valued at approximately $216,000.

Other large investors have also recently made changes to their positions in the company. Barclays PLC boosted its position in shares of Vodafone Group Public by 57,500.0% during the fourth quarter. Barclays PLC now owns 29,952 shares of the cell phone carrier's stock valued at $254,000 after purchasing an additional 29,900 shares in the last quarter. Lester Murray Antman dba SimplyRich bought a new stake in shares of Vodafone Group Public during the fourth quarter valued at approximately $295,000. Atria Investments Inc boosted its position in shares of Vodafone Group Public by 8.7% during the fourth quarter. Atria Investments Inc now owns 842,286 shares of the cell phone carrier's stock valued at $7,151,000 after purchasing an additional 67,086 shares in the last quarter. Allworth Financial LP boosted its position in shares of Vodafone Group Public by 9.0% during the fourth quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier's stock valued at $227,000 after purchasing an additional 2,246 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in shares of Vodafone Group Public by 8.8% during the fourth quarter. Stifel Financial Corp now owns 846,901 shares of the cell phone carrier's stock valued at $7,190,000 after purchasing an additional 68,833 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Up 0.1%

Shares of VOD stock traded up $0.01 during mid-day trading on Friday, hitting $10.35. The company's stock had a trading volume of 14,841,265 shares, compared to its average volume of 8,346,122. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.60. The business has a 50-day moving average price of $9.41 and a 200 day moving average price of $8.96. 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 stock has a market cap of $25.76 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 0.66 and a beta of 0.61.

Vodafone Group Public Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, June 6th will be paid a $0.2355 dividend. This represents a dividend yield of 6.6%. The ex-dividend date is Friday, June 6th. Vodafone Group Public's dividend payout ratio is currently 41.23%.

Analyst Upgrades and Downgrades

VOD has been the subject of a number of recent research reports. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Vodafone Group Public in a research note on Wednesday, April 23rd. Wall Street Zen cut Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Tuesday. Bank of America cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Finally, DZ Bank upgraded 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 issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

About Vodafone Group Public

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.