US Bancorp DE Sells 24,134 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

US Bancorp DE cut its holdings in Vodafone Group Public Limited (NASDAQ:VODGet Rating) by 37.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,718 shares of the cell phone carrier’s stock after selling 24,134 shares during the period. US Bancorp DE’s holdings in Vodafone Group Public were worth $461,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. RNC Capital Management LLC lifted its stake in Vodafone Group Public by 7.5% in the 2nd quarter. RNC Capital Management LLC now owns 51,427 shares of the cell phone carrier’s stock worth $801,000 after purchasing an additional 3,600 shares in the last quarter. DAVENPORT & Co LLC lifted its stake in Vodafone Group Public by 6.9% in the 3rd quarter. DAVENPORT & Co LLC now owns 215,153 shares of the cell phone carrier’s stock worth $2,438,000 after purchasing an additional 13,941 shares in the last quarter. 180 Wealth Advisors LLC lifted its stake in Vodafone Group Public by 10.1% in the 3rd quarter. 180 Wealth Advisors LLC now owns 15,163 shares of the cell phone carrier’s stock worth $172,000 after purchasing an additional 1,397 shares in the last quarter. Cerity Partners LLC lifted its stake in Vodafone Group Public by 75.1% in the 2nd quarter. Cerity Partners LLC now owns 60,648 shares of the cell phone carrier’s stock worth $945,000 after purchasing an additional 26,016 shares in the last quarter. Finally, Wipfli Financial Advisors LLC purchased a new stake in Vodafone Group Public in the 3rd quarter worth approximately $44,000. 9.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VOD has been the topic of several recent analyst reports. Bank of America upgraded shares of Vodafone Group Public from a “neutral” rating to a “buy” rating in a research note on Thursday, January 12th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Monday, November 14th. Oddo Bhf upgraded shares of Vodafone Group Public from a “neutral” rating to an “outperform” rating in a research report on Tuesday, October 4th. Credit Suisse Group cut shares of Vodafone Group Public from an “outperform” rating to an “underperform” rating in a research report on Tuesday, November 22nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vodafone Group Public from GBX 120 ($1.46) to GBX 100 ($1.22) in a research report on Friday, December 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $138.29.

Vodafone Group Public Stock Performance

VOD stock opened at $11.45 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 1.04. Vodafone Group Public Limited has a 52 week low of $9.94 and a 52 week high of $19.05. The firm’s fifty day moving average is $10.84 and its 200 day moving average is $12.34.

Vodafone Group Public Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, February 3rd. Shareholders of record on Friday, November 25th will be issued a $0.4483 dividend. This represents a yield of 7.6%. The ex-dividend date is Wednesday, November 23rd.

About Vodafone Group Public

(Get Rating)

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

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

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