Aptus Capital Advisors LLC Makes New Investment in Vodafone Group Public Limited (NASDAQ:VOD)

Aptus Capital Advisors LLC purchased a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,925 shares of the cell phone carrier’s stock, valued at approximately $150,000.

Several other hedge funds have also made changes to their positions in VOD. Mediolanum International Funds Ltd purchased a new position in Vodafone Group Public during the third quarter worth approximately $82,716,000. Bank of Montreal Can boosted its holdings in 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 valued at $34,055,000 after acquiring an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC grew its position in Vodafone Group Public by 345.2% during the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock valued at $26,786,000 after acquiring an additional 2,346,815 shares during the period. Clifford Capital Partners LLC increased its stake in Vodafone Group Public by 30.1% during the second 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 last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in shares of Vodafone Group Public by 9.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier’s stock worth $44,214,000 after purchasing an additional 435,877 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Up 1.0 %

NASDAQ VOD opened at $8.77 on Friday. The stock has a market cap of $22.93 billion, a PE ratio of 8.60, a P/E/G ratio of 0.86 and a beta of 0.77. The business has a 50 day moving average price of $9.65 and a two-hundred day moving average price of $9.38. Vodafone Group Public Limited has a fifty-two week low of $8.02 and a fifty-two week high of $10.39. The company has a quick ratio of 1.29, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be paid a dividend of $0.2423 per share. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd. Vodafone Group Public’s dividend payout ratio (DPR) is 44.12%.

Analysts Set New Price Targets

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