Anchor Capital Advisors LLC cut its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 288,211 shares of the cell phone carrier’s stock after selling 5,393 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Vodafone Group were worth $9,194,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Quantitative Systematic Strategies LLC purchased a new position in Vodafone Group during the third quarter valued at approximately $1,316,000. FDx Advisors Inc. increased its holdings in Vodafone Group by 7.6% during the third quarter. FDx Advisors Inc. now owns 173,979 shares of the cell phone carrier’s stock valued at $4,951,000 after buying an additional 12,304 shares during the period. Sawyer & Company Inc purchased a new position in Vodafone Group during the fourth quarter valued at approximately $489,000. Cetera Investment Advisers purchased a new position in Vodafone Group during the second quarter valued at approximately $1,456,000. Finally, Cable Hill Partners LLC purchased a new position in Vodafone Group during the third quarter valued at approximately $343,000. 10.35% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Plc (NASDAQ VOD) opened at $28.54 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a 1-year low of $24.68 and a 1-year high of $32.75. The stock has a market cap of $75,770.00, a price-to-earnings ratio of -75.11, a price-to-earnings-growth ratio of 2.00 and a beta of 0.87.

The company also recently declared a semiannual dividend, which was paid on Friday, February 2nd. Shareholders of record on Friday, November 24th were issued a $0.5642 dividend. This represents a yield of 3.68%. The ex-dividend date was Wednesday, November 22nd. Vodafone Group’s dividend payout ratio is currently -302.63%.

VOD has been the topic of several research reports. BidaskClub raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th. Goldman Sachs Group reissued a “buy” rating on shares of Vodafone Group in a report on Thursday, November 23rd. Zacks Investment Research raised shares of Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Friday, November 17th. UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a report on Friday, October 27th. Finally, Bank of America reaffirmed a “buy” rating and issued a $37.26 price target on shares of Vodafone Group in a report on Monday, February 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $33.32.

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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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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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