New Century Financial Group LLC Increases Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

New Century Financial Group LLC lifted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 21.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,651 shares of the cell phone carrier’s stock after purchasing an additional 2,621 shares during the quarter. New Century Financial Group LLC’s holdings in Vodafone Group Public were worth $124,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC grew its stake in Vodafone Group Public by 2.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,234,404 shares of the cell phone carrier’s stock worth $10,480,000 after purchasing an additional 28,084 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Vodafone Group Public during the fourth quarter worth about $797,000. Cetera Trust Company N.A raised its holdings in Vodafone Group Public by 35.0% in the fourth quarter. Cetera Trust Company N.A now owns 23,550 shares of the cell phone carrier’s stock valued at $200,000 after acquiring an additional 6,100 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in Vodafone Group Public by 1.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 197,268 shares of the cell phone carrier’s stock worth $1,675,000 after acquiring an additional 3,423 shares during the last quarter. Finally, Ballentine Partners LLC increased its position in shares of Vodafone Group Public by 43.4% in the 4th quarter. Ballentine Partners LLC now owns 19,598 shares of the cell phone carrier’s stock valued at $166,000 after purchasing an additional 5,932 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Down 0.4 %

VOD stock opened at $8.37 on Friday. The company’s 50 day moving average is $8.61 and its two-hundred day moving average is $9.22. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.39. 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 business also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be paid a $0.2423 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a yield of 8%.

Analyst Upgrades and Downgrades

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 equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Vodafone Group Public 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.