Goldentree Asset Management LP Acquires 60,943 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Goldentree Asset Management LP lifted its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 1.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,283,292 shares of the cell phone carrier’s stock after acquiring an additional 60,943 shares during the quarter. Vodafone Group Public accounts for about 2.6% of Goldentree Asset Management LP’s holdings, making the stock its 14th biggest holding. Goldentree Asset Management LP owned approximately 0.13% of Vodafone Group Public worth $32,898,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VOD. Mediolanum International Funds Ltd bought a new stake in Vodafone Group Public in the third quarter valued at approximately $82,716,000. Bank of Montreal Can increased its stake in shares of Vodafone Group Public by 445.7% in the second quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock worth $34,055,000 after buying an additional 3,107,734 shares during the period. Hsbc Holdings PLC boosted its position in Vodafone Group Public by 345.2% during the 2nd quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock valued at $26,786,000 after buying an additional 2,346,815 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Vodafone Group Public by 1,119.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after acquiring an additional 864,924 shares during the last quarter. Finally, Clifford Capital Partners LLC increased its position in shares of Vodafone Group Public by 30.1% in the second quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock valued at $17,848,000 after acquiring an additional 465,802 shares during the period. Institutional investors own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

VOD has been the topic of several recent analyst reports. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have given 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”.

Vodafone Group Public Stock Up 1.2 %

NASDAQ:VOD opened at $8.97 on Friday. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month 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. The company has a 50-day moving average price of $9.44 and a 200-day moving average price of $9.40.

Vodafone Group Public Cuts Dividend

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

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.