Advisors Asset Management Inc. Purchases 9,714 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Advisors Asset Management Inc. grew its position in Vodafone Group Public Limited (NASDAQ:VOD) by 9.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 111,808 shares of the cell phone carrier’s stock after purchasing an additional 9,714 shares during the quarter. Advisors Asset Management Inc.’s holdings in Vodafone Group Public were worth $1,120,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in VOD. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Vodafone Group Public by 46.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,639 shares of the cell phone carrier’s stock valued at $1,580,000 after acquiring an additional 50,000 shares in the last quarter. Prospera Private Wealth LLC raised its holdings in shares of Vodafone Group Public by 28.1% in the third quarter. Prospera Private Wealth LLC now owns 22,267 shares of the cell phone carrier’s stock worth $223,000 after buying an additional 4,884 shares during the last quarter. Caprock Group LLC lifted its stake in shares of Vodafone Group Public by 4.0% during the third quarter. Caprock Group LLC now owns 144,014 shares of the cell phone carrier’s stock worth $1,443,000 after buying an additional 5,496 shares during the period. Baron Wealth Management LLC purchased a new stake in shares of Vodafone Group Public during the third quarter valued at $211,000. Finally, Natixis Advisors LLC raised its stake in Vodafone Group Public by 46.0% in the 3rd quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier’s stock worth $1,521,000 after acquiring an additional 47,788 shares during the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VOD has been the topic of several research analyst reports. UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

NASDAQ:VOD opened at $8.91 on Tuesday. The firm’s fifty day moving average is $9.51 and its two-hundred day moving average is $9.41. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $10.39.

Vodafone Group Public Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be issued a dividend of $0.2423 per share. This represents a yield of 8%. The ex-dividend date is Friday, November 22nd.

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.