Vodafone Group Public Limited (NASDAQ:VOD) Shares Purchased by Fmr LLC

FMR LLC grew its holdings in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 12.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,835,411 shares of the cell phone carrier's stock after acquiring an additional 202,339 shares during the period. FMR LLC owned about 0.07% of Vodafone Group Public worth $18,391,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in Vodafone Group Public by 12.4% in 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 last quarter. DRW Securities LLC raised its stake in Vodafone Group Public by 2.2% during the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier's stock valued at $664,000 after purchasing an additional 1,399 shares in the last quarter. Fisher Asset Management LLC bought a new position in Vodafone Group Public during the third quarter valued at $171,000. Pitcairn Co. grew its position in Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier's stock worth $155,000 after acquiring an additional 1,458 shares in the last quarter. Finally, Cerity Partners LLC increased its position in Vodafone Group Public by 178.6% during the third quarter. Cerity Partners LLC now owns 93,596 shares of the cell phone carrier's stock valued at $938,000 after acquiring an additional 59,998 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. The Goldman Sachs Group cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday. StockNews.com upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, August 30th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Vodafone Group Public presently has a consensus rating of "Moderate Buy".

Vodafone Group Public Price Performance

Shares of Vodafone Group Public stock traded down $0.07 on Wednesday, hitting $8.77. The company's stock had a trading volume of 7,781,254 shares, compared to its average volume of 6,186,271. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 8.38, a price-to-earnings-growth ratio of 0.67 and a beta of 0.77. The firm has a fifty day moving average price of $9.26 and a 200-day moving average price of $9.37. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. 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 declared a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be given a dividend of $0.2423 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a dividend yield of 8%. Vodafone Group Public's dividend payout ratio (DPR) is presently 42.86%.

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.