79,824 Shares in Vodafone Group PLC $VOD Purchased by Havemeyer Place LP

Havemeyer Place LP acquired a new position in shares of Vodafone Group PLC (NASDAQ:VOD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 79,824 shares of the cell phone carrier’s stock, valued at approximately $1,054,000.

A number of other institutional investors have also recently added to or reduced their stakes in VOD. AQR Capital Management LLC boosted its holdings in Vodafone Group by 21.4% during the first quarter. AQR Capital Management LLC now owns 66,351 shares of the cell phone carrier’s stock worth $622,000 after buying an additional 11,703 shares in the last quarter. Empowered Funds LLC boosted its holdings in Vodafone Group by 1.9% during the first quarter. Empowered Funds LLC now owns 296,581 shares of the cell phone carrier’s stock worth $2,779,000 after buying an additional 5,592 shares in the last quarter. Focus Partners Wealth boosted its holdings in Vodafone Group by 19.7% during the first quarter. Focus Partners Wealth now owns 20,830 shares of the cell phone carrier’s stock worth $195,000 after buying an additional 3,435 shares in the last quarter. M&T Bank Corp boosted its holdings in Vodafone Group by 13.4% during the second quarter. M&T Bank Corp now owns 19,278 shares of the cell phone carrier’s stock worth $206,000 after buying an additional 2,285 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Vodafone Group in the second quarter valued at about $140,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Stock Performance

NASDAQ:VOD opened at $14.70 on Monday. The firm has a 50 day simple moving average of $15.31 and a 200-day simple moving average of $14.39. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.14 and a quick ratio of 1.11. Vodafone Group PLC has a 1-year low of $9.80 and a 1-year high of $16.60.

Vodafone Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, June 5th will be given a $0.2766 dividend. This represents a dividend yield of 376.0%. The ex-dividend date of this dividend is Friday, June 5th.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VOD. UBS Group raised shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd. Zacks Research downgraded shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings downgraded shares of Vodafone Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. Wall Street Zen raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. Finally, DZ Bank downgraded shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $52.38.

About Vodafone Group

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.