Blue Trust Inc. Purchases 5,869 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Blue Trust Inc. grew its position in Vodafone Group Public Limited (NASDAQ:VOD) by 36.6% during the 4th quarter, HoldingsChannel reports. The fund owned 21,925 shares of the cell phone carrier’s stock after purchasing an additional 5,869 shares during the period. Blue Trust Inc.’s holdings in Vodafone Group Public were worth $186,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Trust Co. of Vermont increased its stake in Vodafone Group Public by 1,493.2% during 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 in the last quarter. CENTRAL TRUST Co boosted its holdings in Vodafone Group Public by 37.8% in the 3rd 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 last quarter. GAMMA Investing LLC boosted its position in Vodafone Group Public by 79.9% during 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 during the last quarter. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of Vodafone Group Public by 627.3% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after acquiring an additional 8,324 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in Vodafone Group Public in the third quarter worth approximately $101,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 3.4 %

NASDAQ:VOD opened at $8.20 on Wednesday. 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 1 year low of $8.00 and a 1 year high of $10.39. The stock has a 50-day simple moving average of $8.56 and a 200-day simple moving average of $9.19.

Vodafone Group Public Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders 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.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus 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.