Cetera Trust Company N.A Increases Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Cetera Trust Company N.A lifted its position in Vodafone Group Public Limited (NASDAQ:VOD) by 35.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,550 shares of the cell phone carrier’s stock after buying an additional 6,100 shares during the quarter. Cetera Trust Company N.A’s holdings in Vodafone Group Public were worth $200,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Trust Co. of Vermont raised its stake in 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 purchasing an additional 4,405 shares in the last quarter. CENTRAL TRUST Co raised its stake in Vodafone Group Public by 37.8% in the third 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 in the last quarter. GAMMA Investing LLC raised its stake in Vodafone Group Public by 79.9% in the third quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock valued at $70,000 after purchasing an additional 3,120 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its stake in Vodafone Group Public by 627.3% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock valued at $97,000 after purchasing an additional 8,324 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new stake in Vodafone Group Public in the third quarter valued at approximately $101,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Down 1.5 %

VOD stock opened at $8.43 on Wednesday. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $10.39. The company’s 50 day moving average price is $8.62 and its two-hundred day moving average price is $9.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Vodafone Group Public Cuts Dividend

The company also recently declared 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%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.