Wealth Enhancement Advisory Services LLC Acquires 37,282 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Wealth Enhancement Advisory Services LLC lifted its stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 97.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,677 shares of the cell phone carrier's stock after purchasing an additional 37,282 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Vodafone Group Public were worth $643,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of VOD. Smartleaf Asset Management LLC lifted its holdings in Vodafone Group Public by 63.7% in the fourth 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 period. GeoWealth Management LLC grew its holdings 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 worth $44,000 after acquiring an additional 3,733 shares during the period. CoreCap Advisors LLC lifted its stake in shares of 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 valued at $58,000 after purchasing an additional 5,709 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Vodafone Group Public by 912.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier's stock valued at $61,000 after purchasing an additional 6,500 shares in the last quarter. Finally, Pacific Center for Financial Services grew its stake in Vodafone Group Public by 33.0% in the fourth quarter. Pacific Center for Financial Services now owns 9,794 shares of the cell phone carrier's stock worth $83,000 after purchasing an additional 2,428 shares during the period. Institutional investors own 7.84% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on VOD. Wall Street Zen lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research report on Tuesday, May 27th. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Vodafone Group Public in a research note on Wednesday, April 23rd. Bank of America lowered 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 assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold".

Vodafone Group Public Stock Up 2.0%

Shares of VOD traded up $0.20 during trading hours on Thursday, hitting $10.00. The company had a trading volume of 13,989,847 shares, compared to its average volume of 8,667,394. The stock has a market capitalization of $24.89 billion, a price-to-earnings ratio of 8.77, a P/E/G ratio of 0.66 and a beta of 0.58. The firm has a fifty day moving average price of $9.58 and a 200-day moving average price of $9.03. 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 quick ratio of 1.34 and a current ratio of 1.37.

Vodafone Group Public Cuts Dividend

The company 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 $0.2355 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a dividend yield of 6.6%. Vodafone Group Public's dividend payout ratio is presently 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.