SG Americas Securities LLC Buys Shares of 93,933 Vodafone Group Public Limited (NASDAQ:VOD)

SG Americas Securities LLC acquired a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 93,933 shares of the cell phone carrier's stock, valued at approximately $797,000.

Other institutional investors also recently modified their holdings of the company. Mediolanum International Funds Ltd bought a new stake in Vodafone Group Public during the 3rd quarter worth about $82,716,000. Bank of Montreal Can grew its holdings in Vodafone Group Public by 12.4% during the 3rd quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier's stock worth $43,161,000 after acquiring an additional 472,537 shares during the period. JPMorgan Chase & Co. increased its holdings in Vodafone Group Public by 177.1% in the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier's stock valued at $33,632,000 after purchasing an additional 2,145,085 shares during the last quarter. Goldentree Asset Management LP grew its position in shares of Vodafone Group Public by 1.9% during the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier's stock worth $32,898,000 after buying an additional 60,943 shares during the period. Finally, Clifford Capital Partners LLC raised its position 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 valued at $17,848,000 after acquiring an additional 465,802 shares during the period. Institutional investors own 7.84% of the company's stock.

Wall Street Analyst Weigh In

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 investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Vodafone Group Public currently has a consensus rating of "Moderate Buy".

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD traded up $0.06 during trading on Thursday, hitting $8.61. 5,938,397 shares of the company's stock traded hands, compared to its average volume of 7,065,993. The company has a 50-day moving average price of $8.57 and a 200-day moving average price of $9.20. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Cuts Dividend

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

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.