DGS Capital Management LLC Trims Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

DGS Capital Management LLC decreased its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 16.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 36,394 shares of the cell phone carrier’s stock after selling 7,120 shares during the quarter. DGS Capital Management LLC’s holdings in Vodafone Group Public were worth $365,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its stake in shares of Vodafone Group Public by 1,119.6% during the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after buying an additional 864,924 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Vodafone Group Public during the third quarter worth $7,482,000. Goldentree Asset Management LP grew its position in Vodafone Group Public by 1.9% in the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after buying an additional 60,943 shares during the last quarter. Stifel Financial Corp increased its stake in Vodafone Group Public by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after buying an additional 201,360 shares during the period. Finally, Clifford Capital Partners LLC lifted its stake in shares of Vodafone Group Public by 30.1% in the 2nd quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock worth $17,848,000 after acquiring an additional 465,802 shares during the period. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VOD has been the subject of several analyst reports. The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $8.69 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. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $10.39. The stock has a fifty day simple moving average of $9.20 and a 200-day simple moving average of $9.36.

Vodafone Group Public Cuts Dividend

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

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.