Vodafone Group PLC $VOD Shares Acquired by Creative Planning

Creative Planning boosted its position in Vodafone Group PLC (NASDAQ:VOD) by 7.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 190,371 shares of the cell phone carrier’s stock after purchasing an additional 12,918 shares during the quarter. Creative Planning’s holdings in Vodafone Group were worth $2,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of VOD. Fourpath Capital Management LLC grew its holdings in shares of Vodafone Group by 4.6% during the second quarter. Fourpath Capital Management LLC now owns 21,225 shares of the cell phone carrier’s stock worth $226,000 after buying an additional 940 shares in the last quarter. Signaturefd LLC grew its stake in Vodafone Group by 1.6% in the 2nd quarter. Signaturefd LLC now owns 77,232 shares of the cell phone carrier’s stock worth $823,000 after acquiring an additional 1,210 shares during the period. Ethic Inc. raised its holdings in Vodafone Group by 1.5% in the 2nd quarter. Ethic Inc. now owns 89,967 shares of the cell phone carrier’s stock valued at $949,000 after acquiring an additional 1,288 shares during the last quarter. Brucke Financial Inc. lifted its stake in shares of Vodafone Group by 9.8% during the 1st quarter. Brucke Financial Inc. now owns 14,700 shares of the cell phone carrier’s stock worth $143,000 after purchasing an additional 1,308 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its holdings in shares of Vodafone Group by 1.5% during the first quarter. Kovitz Investment Group Partners LLC now owns 92,068 shares of the cell phone carrier’s stock worth $863,000 after purchasing an additional 1,318 shares during the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Stock Performance

Shares of VOD stock opened at $12.22 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.26 and a quick ratio of 1.23. The company’s fifty day simple moving average is $11.66 and its 200-day simple moving average is $11.16. Vodafone Group PLC has a 52 week low of $8.00 and a 52 week high of $12.72.

Vodafone Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, November 24th will be paid a dividend of $0.2567 per share. This represents a dividend yield of 434.0%. The ex-dividend date is Monday, November 24th.

Wall Street Analysts Forecast Growth

VOD has been the subject of several analyst reports. The Goldman Sachs Group lowered Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 target price for the company. in a research note on Thursday, July 31st. Wall Street Zen lowered shares of Vodafone Group from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. BNP Paribas raised shares of Vodafone Group to a “strong sell” rating in a research report on Tuesday, October 21st. BNP Paribas Exane assumed coverage on shares of Vodafone Group in a research report on Tuesday, October 21st. They set an “underperform” rating and a $8.00 price target for the company. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Vodafone Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Sell” and a consensus target price of $72.00.

Vodafone Group 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.