Vodafone Group Public Limited (NASDAQ:VOD) Shares Acquired by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 18.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,336 shares of the cell phone carrier’s stock after purchasing an additional 2,123 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vodafone Group Public were worth $134,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VOD. Asset Dedication LLC boosted its holdings 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 worth $41,000 after buying an additional 4,000 shares in the last quarter. Trust Co. of Vermont lifted its holdings in shares of Vodafone Group Public by 1,493.2% during the third 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 purchased a new stake in Vodafone Group Public during the second quarter valued at about $49,000. CENTRAL TRUST Co boosted its holdings in shares of Vodafone Group Public by 37.8% in the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after buying an additional 1,513 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Vodafone Group Public by 79.9% in the third quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock worth $70,000 after acquiring an additional 3,120 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Stock Performance

Shares of VOD opened at $8.39 on Friday. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39. 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 company has a market capitalization of $21.63 billion, a PE ratio of 7.99, a PEG ratio of 0.61 and a beta of 0.77. The company’s 50 day moving average price is $9.08 and its 200 day moving average price is $9.32.

Vodafone Group Public Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, November 22nd will be paid a $0.2423 dividend. This represents a dividend yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd. Vodafone Group Public’s dividend payout ratio (DPR) is presently 42.86%.

Analyst Upgrades and Downgrades

VOD has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.