Seed Wealth Management Inc. Purchases 1,950 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Seed Wealth Management Inc. increased its position in Vodafone Group Public Limited (NASDAQ:VOD) by 17.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 12,991 shares of the cell phone carrier’s stock after buying an additional 1,950 shares during the period. Seed Wealth Management Inc.’s holdings in Vodafone Group Public were worth $114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC purchased a new stake in shares of Vodafone Group Public during the 4th quarter worth approximately $88,000. International Assets Investment Management LLC purchased a new position in shares of Vodafone Group Public in the 4th quarter worth $589,000. Stifel Financial Corp raised its position in shares of Vodafone Group Public by 23.6% during the 4th quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock valued at $4,632,000 after buying an additional 101,553 shares in the last quarter. Mariner LLC lifted its holdings in shares of Vodafone Group Public by 8.5% in the 3rd quarter. Mariner LLC now owns 654,662 shares of the cell phone carrier’s stock valued at $6,206,000 after acquiring an additional 51,532 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Vodafone Group Public by 4.2% in the fourth quarter. Cerity Partners LLC now owns 30,215 shares of the cell phone carrier’s stock worth $263,000 after acquiring an additional 1,229 shares in the last quarter. 7.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on VOD. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, May 27th. Deutsche Bank Aktiengesellschaft started coverage on Vodafone Group Public in a research report on Thursday, June 20th. They set a “buy” rating for the company.

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD traded down $0.03 during midday trading on Thursday, reaching $8.77. 4,666,952 shares of the company’s stock traded hands, compared to its average volume of 7,300,639. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. The company has a fifty day simple moving average of $9.02 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 $10.19.

Vodafone Group Public Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, June 7th will be paid a $0.469 dividend. This represents a dividend yield of 9.6%. The ex-dividend date is Friday, June 7th.

Vodafone Group Public 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.