Citigroup Inc. increased its holdings in Vodafone Group Public Limited (NASDAQ:VOD – Free Report) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,658,345 shares of the cell phone carrier’s stock after purchasing an additional 21,567 shares during the period. Citigroup Inc.’s holdings in Vodafone Group Public were worth $16,617,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in shares of Vodafone Group Public by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after buying an additional 2,102 shares in the last quarter. Asset Dedication LLC raised its position in Vodafone Group Public by 630.9% during the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 4,000 shares during the period. Trust Co. of Vermont lifted its stake in shares of Vodafone Group Public by 1,493.2% in the 3rd quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after purchasing an additional 4,405 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of Vodafone Group Public during the 2nd quarter valued at approximately $49,000. Finally, CENTRAL TRUST Co raised its holdings in Vodafone Group Public by 37.8% during the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after buying an additional 1,513 shares during the period. 7.84% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report 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 research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Vodafone Group Public Trading Up 1.2 %
VOD opened at $8.97 on Thursday. The business’s 50-day moving average is $9.46 and its two-hundred day moving average is $9.41. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.
Vodafone Group Public Cuts Dividend
The company also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be given a dividend of $0.2423 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a yield of 8%.
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.
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