Parallax Volatility Advisers L.P. Purchases New Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Parallax Volatility Advisers L.P. acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 59,089 shares of the cell phone carrier's stock, valued at approximately $592,000.

Several other institutional investors and hedge funds have also bought and sold shares of VOD. Vicus Capital grew its holdings in Vodafone Group Public by 10.0% during the 2nd quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier's stock valued at $112,000 after buying an additional 1,144 shares in the last quarter. Cohen Investment Advisors LLC grew its stake in Vodafone Group Public by 4.4% during the second quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier's stock valued at $257,000 after acquiring an additional 1,148 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in Vodafone Group Public by 7.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier's stock worth $171,000 after acquiring an additional 1,204 shares during the period. Profund Advisors LLC lifted its stake in Vodafone Group Public by 3.0% in the 2nd quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier's stock worth $412,000 after purchasing an additional 1,350 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its position in shares of Vodafone Group Public by 8.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 17,597 shares of the cell phone carrier's stock valued at $156,000 after purchasing an additional 1,384 shares in the last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Stock Up 1.2 %

NASDAQ:VOD traded up $0.11 during trading hours on Friday, reaching $9.17. The company's stock had a trading volume of 6,853,149 shares, compared to its average volume of 6,541,854. The firm has a 50-day simple moving average of $9.32 and a 200-day simple moving average of $9.38. 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 Limited has a 1 year low of $8.02 and a 1 year high of $10.39.

Vodafone Group Public Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, August 30th. One equities 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 issued a strong buy rating to the stock. According to data from MarketBeat, the company presently 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.