Vodafone Group Public Limited (NASDAQ:VOD) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 177.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 3,356,455 shares of the cell phone carrier's stock after acquiring an additional 2,145,085 shares during the period. JPMorgan Chase & Co. owned approximately 0.13% of Vodafone Group Public worth $33,632,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VOD. Stifel Financial Corp lifted its holdings in shares of Vodafone Group Public by 34.9% during the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier's stock worth $7,796,000 after purchasing an additional 201,360 shares during the period. Oppenheimer & Co. Inc. lifted its stake in Vodafone Group Public by 1,119.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier's stock valued at $9,441,000 after acquiring an additional 864,924 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Vodafone Group Public in the 3rd quarter valued at $7,482,000. Goldentree Asset Management LP increased its stake in shares of Vodafone Group Public by 1.9% in the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier's stock worth $32,898,000 after acquiring an additional 60,943 shares during the period. Finally, Clifford Capital Partners LLC lifted its position 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 valued at $17,848,000 after purchasing an additional 465,802 shares during the period. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Vodafone Group Public stock traded down $0.06 during mid-day trading on Tuesday, hitting $8.41. The company had a trading volume of 7,425,295 shares, compared to its average volume of 5,783,370. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $21.68 billion, a price-to-earnings ratio of 8.01, a P/E/G ratio of 0.61 and a beta of 0.77. The company's fifty day moving average is $8.82 and its 200-day moving average is $9.28. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39.

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 of this dividend is Friday, November 22nd. This represents a yield of 8%. Vodafone Group Public's payout ratio is 42.86%.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average 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.