Perigon Wealth Management LLC Sells 8,714 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Perigon Wealth Management LLC cut its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 20.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,867 shares of the cell phone carrier’s stock after selling 8,714 shares during the quarter. Perigon Wealth Management LLC’s holdings in Vodafone Group Public were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its position in shares of Vodafone Group Public by 3.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,785,945 shares of the cell phone carrier’s stock worth $15,841,000 after purchasing an additional 59,478 shares in the last quarter. Sei Investments Co. grew its position in shares of Vodafone Group Public by 6.5% during the 2nd quarter. Sei Investments Co. now owns 145,743 shares of the cell phone carrier’s stock worth $1,293,000 after purchasing an additional 8,954 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Vodafone Group Public by 102.7% during the 2nd quarter. AQR Capital Management LLC now owns 104,783 shares of the cell phone carrier’s stock worth $929,000 after purchasing an additional 53,087 shares in the last quarter. Creative Planning grew its position in shares of Vodafone Group Public by 10.3% during the 2nd quarter. Creative Planning now owns 270,102 shares of the cell phone carrier’s stock worth $2,396,000 after purchasing an additional 25,290 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Vodafone Group Public by 102.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 114,894 shares of the cell phone carrier’s stock worth $1,019,000 after purchasing an additional 58,142 shares in the last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Stock Performance

Shares of Vodafone Group Public stock opened at $8.54 on Monday. The company has a 50 day moving average of $8.57 and a 200-day moving average of $9.20. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39. 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 Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.