Laurel Grove Capital LLC reduced its stake in Vodafone Group Plc (NASDAQ:VOD) by 38.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,600 shares of the cell phone carrier’s stock after selling 13,668 shares during the quarter. Laurel Grove Capital LLC’s holdings in Vodafone Group were worth $689,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Clear Perspective Advisors LLC lifted its stake in shares of Vodafone Group by 13.8% in the second quarter. Clear Perspective Advisors LLC now owns 3,628 shares of the cell phone carrier’s stock worth $104,000 after acquiring an additional 440 shares during the period. Advisory Services Network LLC lifted its stake in shares of Vodafone Group by 21.0% in the second quarter. Advisory Services Network LLC now owns 4,433 shares of the cell phone carrier’s stock worth $127,000 after acquiring an additional 768 shares during the period. Ropes Wealth Advisors LLC lifted its stake in shares of Vodafone Group by 387.8% in the second quarter. Ropes Wealth Advisors LLC now owns 4,654 shares of the cell phone carrier’s stock worth $134,000 after acquiring an additional 3,700 shares during the period. Wealthcare Advisory Partners LLC acquired a new position in shares of Vodafone Group in the third quarter worth approximately $151,000. Finally, Bank of Nova Scotia Trust Co. acquired a new position in shares of Vodafone Group in the third quarter worth approximately $172,000. 10.24% of the stock is currently owned by institutional investors.
Vodafone Group Plc (NASDAQ VOD) opened at $32.16 on Tuesday. Vodafone Group Plc has a 12 month low of $24.31 and a 12 month high of $32.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.95.
The firm also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, November 24th will be paid a $0.5642 dividend. This represents a yield of 3.68%. The ex-dividend date is Wednesday, November 22nd.
A number of research firms recently commented on VOD. BidaskClub lowered Vodafone Group from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Zacks Investment Research lowered Vodafone Group from a “buy” rating to a “hold” rating in a research note on Sunday. UBS Group reissued a “buy” rating on shares of Vodafone Group in a research note on Monday, October 2nd. Raymond James Financial raised Vodafone Group from a “market perform” rating to a “strong-buy” rating in a research note on Wednesday, January 17th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $32.14.
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Vodafone Group Company Profile
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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