U.S. Capital Wealth Advisors LLC Invests $102,000 in Vodafone Group Public Limited (NASDAQ:VOD)

U.S. Capital Wealth Advisors LLC acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD) during the second quarter, HoldingsChannel reports. The fund acquired 11,528 shares of the cell phone carrier’s stock, valued at approximately $102,000.

A number of other institutional investors have also recently bought and sold shares of VOD. ACR Alpine Capital Research LLC grew its holdings in Vodafone Group Public by 40.4% during the first quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock valued at $192,320,000 after purchasing an additional 6,216,805 shares during the period. Oppenheimer Asset Management Inc. raised its stake in Vodafone Group Public by 20.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,548,765 shares of the cell phone carrier’s stock worth $40,484,000 after buying an additional 761,624 shares during the period. First Trust Advisors LP lifted its holdings in Vodafone Group Public by 0.4% during the fourth quarter. First Trust Advisors LP now owns 3,301,869 shares of the cell phone carrier’s stock worth $28,726,000 after acquiring an additional 12,826 shares in the last quarter. abrdn plc grew its stake in Vodafone Group Public by 1.9% in the fourth quarter. abrdn plc now owns 1,928,400 shares of the cell phone carrier’s stock valued at $16,777,000 after acquiring an additional 36,600 shares during the period. Finally, Clifford Capital Partners LLC increased its holdings in shares of Vodafone Group Public by 12.1% in the first quarter. Clifford Capital Partners LLC now owns 1,546,408 shares of the cell phone carrier’s stock worth $13,763,000 after acquiring an additional 166,986 shares in the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Trading Up 0.4 %

Shares of Vodafone Group Public stock traded up $0.04 during trading hours on Friday, reaching $9.44. 2,481,442 shares of the company’s stock were exchanged, compared to its average volume of 4,238,440. The company has a 50 day moving average of $9.11 and a two-hundred day moving average of $8.88. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public Limited has a fifty-two week low of $8.02 and a fifty-two week high of $10.19.

Vodafone Group Public Cuts Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, August 2nd. Investors of record on Friday, June 7th were given a dividend of $0.469 per share. The ex-dividend date of this dividend was Friday, June 7th. This represents a yield of 9.6%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VOD shares. Deutsche Bank Aktiengesellschaft started coverage on Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating for the company. New Street Research upgraded shares of Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, August 5th. Finally, UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Vodafone Group Public currently has an average rating of “Moderate Buy” and an average target price of $14.45.

About Vodafone Group Public

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.