Cardinal Point Capital Management ULC Takes $864,000 Position in Vodafone Group PLC $VOD

Cardinal Point Capital Management ULC bought a new position in shares of Vodafone Group PLC (NASDAQ:VODFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 74,465 shares of the cell phone carrier’s stock, valued at approximately $864,000.

A number of other large investors also recently bought and sold shares of VOD. Fullcircle Wealth LLC boosted its position in Vodafone Group by 4.5% in the 3rd quarter. Fullcircle Wealth LLC now owns 96,806 shares of the cell phone carrier’s stock worth $1,084,000 after purchasing an additional 4,187 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Vodafone Group by 59.4% during the third quarter. Smartleaf Asset Management LLC now owns 11,748 shares of the cell phone carrier’s stock worth $135,000 after buying an additional 4,376 shares in the last quarter. HighPoint Advisor Group LLC grew its position in Vodafone Group by 13.5% during the third quarter. HighPoint Advisor Group LLC now owns 26,501 shares of the cell phone carrier’s stock valued at $307,000 after buying an additional 3,146 shares during the period. Gallacher Capital Management LLC increased its holdings in Vodafone Group by 22.2% in the third quarter. Gallacher Capital Management LLC now owns 56,225 shares of the cell phone carrier’s stock valued at $652,000 after buying an additional 10,215 shares in the last quarter. Finally, Savant Capital LLC raised its position in shares of Vodafone Group by 7.3% in the third quarter. Savant Capital LLC now owns 26,809 shares of the cell phone carrier’s stock worth $311,000 after acquiring an additional 1,819 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on VOD shares. UBS Group restated a “sell” rating on shares of Vodafone Group in a research note on Monday, November 3rd. Zacks Research upgraded Vodafone Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. BNP Paribas Exane raised shares of Vodafone Group to a “strong sell” rating in a research note on Tuesday, October 21st. Weiss Ratings restated a “sell (d+)” rating on shares of Vodafone Group in a research report on Wednesday, January 21st. Finally, Berenberg Bank upgraded Vodafone Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $72.00.

Check Out Our Latest Stock Report on Vodafone Group

Key Vodafone Group News

Here are the key news stories impacting Vodafone Group this week:

Vodafone Group Stock Up 3.4%

Shares of VOD stock opened at $15.11 on Monday. The firm’s 50-day moving average is $13.44 and its two-hundred day moving average is $12.29. Vodafone Group PLC has a 12 month low of $8.05 and a 12 month high of $15.90. The company has a quick ratio of 1.13, a current ratio of 1.17 and a debt-to-equity ratio of 0.78.

Vodafone Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 5th. Investors of record on Monday, November 24th were given a $0.2567 dividend. This represents a yield of 434.0%. The ex-dividend date was Monday, November 24th.

About Vodafone Group

(Free Report)

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.

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

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