Stifel Financial Corp Increases Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Stifel Financial Corp increased its holdings in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 34.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 778,068 shares of the cell phone carrier's stock after buying an additional 201,360 shares during the period. Stifel Financial Corp's holdings in Vodafone Group Public were worth $7,796,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in VOD. Asset Dedication LLC boosted its holdings in shares of Vodafone Group Public by 630.9% in the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier's stock valued at $41,000 after purchasing an additional 4,000 shares in the last quarter. Trust Co. of Vermont grew its position in Vodafone Group Public by 1,493.2% in the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier's stock valued at $47,000 after acquiring an additional 4,405 shares during the last quarter. Rothschild Investment LLC acquired a new position in Vodafone Group Public during the second quarter worth about $49,000. CENTRAL TRUST Co lifted its holdings in shares of Vodafone Group Public by 37.8% in the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier's stock worth $55,000 after acquiring an additional 1,513 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of 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 in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VOD has been the subject of several recent research reports. The Goldman Sachs Group downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday. StockNews.com raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, August 30th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Vodafone Group Public presently has an average rating of "Moderate Buy".

Vodafone Group Public Stock Performance

Shares of NASDAQ VOD traded up $0.01 during trading on Friday, reaching $8.69. 4,747,932 shares of the stock traded hands, compared to its average volume of 6,184,595. 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 52-week low of $8.02 and a 52-week high of $10.39. The company has a 50-day moving average of $9.22 and a 200-day moving average of $9.36.

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 of this dividend is Friday, November 22nd.

Vodafone Group Public 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.