Moors & Cabot Inc. Raises Position in Vodafone Group Public Limited (NASDAQ:VOD)

Moors & Cabot Inc. lifted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 34.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 112,538 shares of the cell phone carrier’s stock after buying an additional 28,790 shares during the period. Moors & Cabot Inc.’s holdings in Vodafone Group Public were worth $1,128,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VOD. GAMMA Investing LLC increased its position in Vodafone Group Public by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 2,102 shares in the last quarter. Asset Dedication LLC increased its stake in Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after buying an additional 4,000 shares during the period. Trust Co. of Vermont lifted its holdings in shares of Vodafone Group Public by 1,493.2% in the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after buying an additional 4,405 shares during the period. Rothschild Investment LLC bought a new stake in Vodafone Group Public during the second quarter worth approximately $49,000. Finally, CENTRAL TRUST Co boosted its position in shares of Vodafone Group Public by 37.8% in the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after purchasing an additional 1,513 shares during the period. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD opened at $8.85 on Friday. The company has a 50 day moving average price of $9.57 and a two-hundred day moving average price of $9.39. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.2423 per share. This represents a dividend yield of 8%. The ex-dividend date is Friday, November 22nd.

Analyst Upgrades and Downgrades

VOD has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.