Bridgewater Associates LP Grows Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Bridgewater Associates LP raised its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 233.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,210 shares of the cell phone carrier's stock after purchasing an additional 147,081 shares during the quarter. Bridgewater Associates LP's holdings in Vodafone Group Public were worth $2,106,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. GAMMA Investing LLC grew its position in shares of Vodafone Group Public by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier's stock worth $35,000 after buying an additional 2,102 shares in the last quarter. Asset Dedication LLC grew its holdings in Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier's stock worth $41,000 after acquiring an additional 4,000 shares in the last quarter. Trust Co. of Vermont increased its position in Vodafone Group Public by 1,493.2% during the 3rd 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 during the period. CENTRAL TRUST Co raised its holdings in shares of Vodafone Group Public by 37.8% in the 3rd 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. Finally, Rothschild Investment LLC bought a new position in shares of Vodafone Group Public during the second quarter valued at approximately $49,000. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Performance

Shares of NASDAQ VOD remained flat at $8.97 during trading on Friday. The company's stock had a trading volume of 5,351,497 shares, compared to its average volume of 6,046,362. 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 quick ratio of 1.34 and a current ratio of 1.37. The company has a 50-day moving average price of $9.41 and a two-hundred day moving average price of $9.41.

Vodafone Group Public Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VOD. StockNews.com raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, August 30th. UBS Group lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Vodafone Group Public has an average rating of "Moderate Buy".

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.