Vodafone Group Public Limited (NASDAQ:VOD) Stake Increased by DGS Capital Management LLC

DGS Capital Management LLC lifted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 99.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72,603 shares of the cell phone carrier's stock after buying an additional 36,209 shares during the quarter. DGS Capital Management LLC's holdings in Vodafone Group Public were worth $616,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Trust Co. of Vermont raised its stake in Vodafone Group Public by 1,493.2% in 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 last quarter. CENTRAL TRUST Co raised its stake in 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 during the last quarter. GAMMA Investing LLC raised its stake in Vodafone Group Public by 79.9% in the 3rd quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier's stock valued at $70,000 after purchasing an additional 3,120 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. grew its holdings in Vodafone Group Public by 627.3% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier's stock valued at $97,000 after buying an additional 8,324 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new stake in Vodafone Group Public in the 3rd quarter valued at about $101,000. Institutional investors and hedge funds own 7.84% of the company's stock.

Vodafone Group Public Price Performance

NASDAQ:VOD traded down $0.03 during trading hours on Friday, hitting $8.37. The stock had a trading volume of 7,117,195 shares, compared to its average volume of 5,736,554. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39. The business has a 50 day simple moving average of $8.60 and a two-hundred day simple moving average of $9.22.

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 given a $0.2423 dividend. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd.

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 report on Monday, December 9th. Two equities research 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. According to data from MarketBeat, Vodafone Group Public currently 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.