First Affirmative Financial Network Purchases 2,355 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

First Affirmative Financial Network raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 8.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 29,097 shares of the cell phone carrier’s stock after acquiring an additional 2,355 shares during the quarter. First Affirmative Financial Network’s holdings in Vodafone Group Public were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of VOD. NBC Securities Inc. boosted its holdings in shares of Vodafone Group Public by 116,833.3% in the first quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier’s stock worth $32,000 after acquiring an additional 3,505 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after acquiring an additional 1,899 shares during the period. GeoWealth Management LLC boosted its holdings in shares of Vodafone Group Public by 258.0% in the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock worth $44,000 after acquiring an additional 3,733 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of Vodafone Group Public by 509.7% in the fourth quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock worth $58,000 after acquiring an additional 5,709 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Vodafone Group Public by 912.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after acquiring an additional 6,500 shares during the period. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Trading Down 2.6%

Shares of VOD stock opened at $9.94 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The business has a 50-day moving average price of $9.49 and a two-hundred day moving average price of $9.00. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.60. The firm has a market cap of $24.74 billion, a P/E ratio of 8.72, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, June 6th will be issued a $0.2355 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a dividend yield of 6.6%. Vodafone Group Public’s dividend payout ratio is currently 41.23%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VOD. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Vodafone Group Public in a research note on Wednesday, April 23rd. Wall Street Zen lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Tuesday, May 27th. Finally, Bank of America lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Vodafone Group Public 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.