Parallel Advisors LLC Has $62,000 Position in Vodafone Group Public Limited (NASDAQ:VOD)

Parallel Advisors LLC reduced its stake in Vodafone Group Public Limited (NASDAQ:VODFree Report) by 48.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,118 shares of the cell phone carrier’s stock after selling 6,778 shares during the period. Parallel Advisors LLC’s holdings in Vodafone Group Public were worth $62,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in shares of Vodafone Group Public in the third quarter valued at about $40,000. Anchor Investment Management LLC acquired a new position in shares of Vodafone Group Public in the fourth quarter valued at about $44,000. First Horizon Advisors Inc. grew its stake in shares of Vodafone Group Public by 581.7% in the fourth quarter. First Horizon Advisors Inc. now owns 5,351 shares of the cell phone carrier’s stock valued at $47,000 after acquiring an additional 4,566 shares in the last quarter. WFA Asset Management Corp grew its stake in shares of Vodafone Group Public by 146.7% in the fourth quarter. WFA Asset Management Corp now owns 5,466 shares of the cell phone carrier’s stock valued at $48,000 after acquiring an additional 3,250 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Vodafone Group Public by 47.6% in the fourth quarter. Global Retirement Partners LLC now owns 7,472 shares of the cell phone carrier’s stock valued at $64,000 after acquiring an additional 2,411 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Trading Down 1.2 %

VOD opened at $9.61 on Friday. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.19. The company has a 50-day simple moving average of $8.92 and a 200 day simple moving average of $8.79. 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 disclosed a Semi-Annual dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, June 7th will be given a dividend of $0.469 per share. The ex-dividend date is Friday, June 7th. This represents a yield of 9.6%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, May 27th.

View Our Latest Report on Vodafone Group Public

Vodafone Group Public Company Profile

(Free Report)

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

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

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