Kestra Advisory Services LLC Sells 33,184 Shares of Vodafone Group PLC $VOD

Kestra Advisory Services LLC reduced its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 13.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,687 shares of the cell phone carrier’s stock after selling 33,184 shares during the quarter. Kestra Advisory Services LLC’s holdings in Vodafone Group were worth $3,403,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Boit C F David bought a new stake in shares of Vodafone Group in the 3rd quarter valued at about $25,000. Western Wealth Management LLC bought a new position in Vodafone Group during the 1st quarter worth approximately $34,000. Assetmark Inc. grew its position in Vodafone Group by 31.5% during the 1st quarter. Assetmark Inc. now owns 2,992 shares of the cell phone carrier’s stock worth $45,000 after acquiring an additional 717 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in Vodafone Group in the 2nd quarter worth approximately $45,000. Finally, Mather Group LLC. increased its stake in Vodafone Group by 3,293.3% in the 3rd quarter. Mather Group LLC. now owns 4,072 shares of the cell phone carrier’s stock worth $66,000 after purchasing an additional 3,952 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

VOD has been the subject of a number of analyst reports. Berenberg Bank reissued a “buy” rating on shares of Vodafone Group in a research note on Friday, October 2nd. Zacks Research upgraded shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 3rd. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Vodafone Group in a research note on Monday, July 27th. UBS Group reiterated a “sell” rating on shares of Vodafone Group in a report on Tuesday, July 28th. Finally, Deutsche Bank reissued a “buy” rating on shares of Vodafone Group in a research report on Friday, October 9th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Vodafone Group presently has an average rating of “Hold” and a consensus target price of $13.13.

Vodafone Group Price Performance

Shares of NASDAQ VOD traded down $0.12 during trading hours on Friday, hitting $15.37. The company’s stock had a trading volume of 4,203,993 shares, compared to its average volume of 3,520,224. The company has a quick ratio of 1.11, a current ratio of 1.04 and a debt-to-equity ratio of 1.07. Vodafone Group PLC has a 12 month low of $11.71 and a 12 month high of $17.71. The business has a 50-day simple moving average of $16.28 and a 200-day simple moving average of $15.46.

Vodafone Group Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, February 3rd. Shareholders of record on Friday, November 20th will be given a dividend of $0.2588 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a yield of 334.0%.

About Vodafone Group

Vodafone Group is a telecommunications company headquartered in the United Kingdom. It provides mobile and fixed-line connectivity, broadband, voice and data services to consumers, businesses and public-sector organizations. The company also offers business technology services, including Internet of Things connectivity and digital solutions. Its operations and services span Europe and Africa, with Vodacom serving as a major part of its African business, and it works with partner networks to serve customers in other markets.