Dynamic Technology Lab Private Ltd Buys Shares of 101,207 Vodafone Group Public Limited (NASDAQ:VOD)

Dynamic Technology Lab Private Ltd acquired a new position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 101,207 shares of the cell phone carrier's stock, valued at approximately $881,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. New Century Financial Group LLC bought a new stake in shares of Vodafone Group Public in the fourth quarter valued at $563,000. Foundations Investment Advisors LLC bought a new stake in shares of Vodafone Group Public in the fourth quarter valued at $88,000. D Orazio & Associates Inc. raised its stake in shares of Vodafone Group Public by 11.2% in the fourth quarter. D Orazio & Associates Inc. now owns 14,110 shares of the cell phone carrier's stock valued at $123,000 after buying an additional 1,423 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Vodafone Group Public by 19.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 13,775 shares of the cell phone carrier's stock valued at $122,000 after purchasing an additional 2,215 shares during the period. Finally, QRG Capital Management Inc. raised its stake in shares of Vodafone Group Public by 29.9% during the 4th quarter. QRG Capital Management Inc. now owns 238,746 shares of the cell phone carrier's stock valued at $2,077,000 after purchasing an additional 54,998 shares during the period. Hedge funds and other institutional investors own 7.84% of the company's stock.

Vodafone Group Public Stock Down 0.2 %

Shares of NASDAQ:VOD traded down $0.02 during midday trading on Wednesday, reaching $9.52. 7,266,956 shares of the company traded hands, compared to its average volume of 7,675,035. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.46. The firm's fifty day moving average price is $8.73 and its two-hundred day moving average price is $8.78. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Vodafone Group Public Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, June 7th will be given a dividend of $0.469 per share. This represents a yield of 9.6%. The ex-dividend date of this dividend is Friday, June 7th.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Wednesday, May 15th.

Vodafone Group Public Company 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.