O Shaughnessy Asset Management LLC Raises Holdings in Vodafone Group PLC $VOD

O Shaughnessy Asset Management LLC lifted its stake in Vodafone Group PLC (NASDAQ:VOD) by 6.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,446,646 shares of the cell phone carrier’s stock after purchasing an additional 89,434 shares during the quarter. O Shaughnessy Asset Management LLC owned about 0.06% of Vodafone Group worth $19,110,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VOD. Goldman Sachs Group Inc. raised its holdings in shares of Vodafone Group by 1.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 15,286,509 shares of the cell phone carrier’s stock worth $201,935,000 after buying an additional 182,574 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Vodafone Group by 9,637.5% in the 4th quarter. Bank of New York Mellon Corp now owns 8,902,486 shares of the cell phone carrier’s stock valued at $117,602,000 after acquiring an additional 8,811,061 shares during the period. Bank of America Corp DE raised its stake in Vodafone Group by 9.1% in the 3rd quarter. Bank of America Corp DE now owns 7,331,144 shares of the cell phone carrier’s stock worth $85,041,000 after acquiring an additional 610,409 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Vodafone Group by 1.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,518,066 shares of the cell phone carrier’s stock worth $64,010,000 after acquiring an additional 76,534 shares during the period. Finally, SALT Holding Corp. grew its stake in Vodafone Group by 5.5% during the 3rd quarter. SALT Holding Corp. now owns 3,821,000 shares of the cell phone carrier’s stock valued at $44,324,000 after purchasing an additional 197,500 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Stock Performance

Vodafone Group stock opened at $14.81 on Tuesday. Vodafone Group PLC has a 12 month low of $9.80 and a 12 month high of $16.60. The stock’s 50 day simple moving average is $15.31 and its two-hundred day simple moving average is $14.41. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.11 and a current ratio of 1.14.

Vodafone Group Dividend Announcement

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

Analyst Upgrades and Downgrades

VOD has been the subject of several research analyst reports. UBS Group upgraded Vodafone Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 23rd. Bank of America downgraded shares of Vodafone Group from a “neutral” rating to an “underperform” rating and set a $13.13 price target on the stock. in a report on Tuesday, May 26th. DZ Bank cut shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Zacks Research lowered shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Wall Street Zen raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. 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 company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $52.38.

Vodafone Group Company Profile

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.