Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Motco

Motco lowered its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 27.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 471,016 shares of the cell phone carrier’s stock after selling 177,901 shares during the period. Motco’s holdings in Vodafone Group Public were worth $4,098,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Avantax Advisory Services Inc. boosted its holdings in Vodafone Group Public by 7.9% in the third quarter. Avantax Advisory Services Inc. now owns 15,538 shares of the cell phone carrier’s stock valued at $147,000 after acquiring an additional 1,140 shares during the last quarter. Cerity Partners LLC increased its position in Vodafone Group Public by 4.2% during the 4th quarter. Cerity Partners LLC now owns 30,215 shares of the cell phone carrier’s stock worth $263,000 after purchasing an additional 1,229 shares in the last quarter. Gallacher Capital Management LLC raised its holdings in Vodafone Group Public by 4.2% in the third quarter. Gallacher Capital Management LLC now owns 35,008 shares of the cell phone carrier’s stock valued at $332,000 after buying an additional 1,398 shares during the period. D Orazio & Associates Inc. lifted its position in Vodafone Group Public by 11.2% during the fourth quarter. D Orazio & Associates Inc. now owns 14,110 shares of the cell phone carrier’s stock valued at $123,000 after buying an additional 1,423 shares in the last quarter. Finally, Seven Mile Advisory grew its stake in Vodafone Group Public by 13.2% during the third quarter. Seven Mile Advisory now owns 15,986 shares of the cell phone carrier’s stock worth $152,000 after buying an additional 1,870 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Price Performance

NASDAQ:VOD traded down $0.01 during trading hours on Monday, hitting $9.78. The stock had a trading volume of 1,989,706 shares, compared to its average volume of 7,633,144. The business has a 50 day simple moving average of $8.69 and a two-hundred day simple moving average of $8.78. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.46. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79.

Vodafone Group Public Cuts Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, June 7th will be paid a dividend of $0.469 per share. The ex-dividend date is Friday, June 7th.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th.

Vodafone Group Public Company 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.