Savant Capital LLC boosted its position in shares of Vodafone Group PLC (NASDAQ:VOD – Free Report) by 108.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,990 shares of the cell phone carrier’s stock after buying an additional 12,983 shares during the period. Savant Capital LLC’s holdings in Vodafone Group were worth $266,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Vodafone Group during the 1st quarter worth $1,117,000. Tevis Investment Management raised its holdings in shares of Vodafone Group by 23.0% in the second quarter. Tevis Investment Management now owns 180,148 shares of the cell phone carrier’s stock valued at $1,966,000 after buying an additional 33,701 shares during the last quarter. Modern Wealth Management LLC acquired a new stake in shares of Vodafone Group during the first quarter worth about $285,000. Walleye Capital LLC grew its holdings in shares of Vodafone Group by 516.1% during the first quarter. Walleye Capital LLC now owns 182,003 shares of the cell phone carrier’s stock worth $1,705,000 after buying an additional 152,462 shares during the last quarter. Finally, Summit Securities Group LLC increased its position in Vodafone Group by 4,239.6% in the 1st quarter. Summit Securities Group LLC now owns 47,736 shares of the cell phone carrier’s stock valued at $447,000 after acquiring an additional 46,636 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on VOD shares. Wall Street Zen cut Vodafone Group from a “buy” rating to a “hold” rating in a research report on Saturday. The Goldman Sachs Group lowered shares of Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 price objective on the stock. in a research report on Thursday, July 31st. Weiss Ratings restated a “sell (d+)” rating on shares of Vodafone Group in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Vodafone Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 14th. Finally, BNP Paribas Exane started coverage on shares of Vodafone Group in a report on Tuesday, October 21st. They set an “underperform” rating and a $8.00 price target for the company. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Strong Sell” and a consensus price target of $72.00.
Vodafone Group Stock Up 0.3%
NASDAQ:VOD opened at $12.25 on Wednesday. The firm’s fifty day simple moving average is $11.64 and its 200-day simple moving average is $11.07. The company has a quick ratio of 1.23, a current ratio of 1.26 and a debt-to-equity ratio of 0.85. Vodafone Group PLC has a fifty-two week low of $8.00 and a fifty-two week high of $12.72.
Vodafone Group Dividend Announcement
The business also recently announced a dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, November 24th will be issued a $0.2567 dividend. The ex-dividend date of this dividend is Monday, November 24th. This represents a yield of 415.0%.
Vodafone Group 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.
Further Reading
- Five stocks we like better than Vodafone Group
- Why Are These Companies Considered Blue Chips?
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
- Where Do I Find 52-Week Highs and Lows?
- Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain
- Investing in Construction Stocks
- Qualcomm’s Bulls Are Running Out of Room to Be Wrong
Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.
