Level Four Advisory Services LLC Trims Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Level Four Advisory Services LLC trimmed its holdings in Vodafone Group Public Limited (NASDAQ:VODGet Rating) by 37.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,262 shares of the cell phone carrier’s stock after selling 22,349 shares during the quarter. Level Four Advisory Services LLC’s holdings in Vodafone Group Public were worth $556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Miller Howard Investments Inc. NY increased its holdings in Vodafone Group Public by 32.0% in the fourth quarter. Miller Howard Investments Inc. NY now owns 455,196 shares of the cell phone carrier’s stock valued at $6,796,000 after buying an additional 110,303 shares in the last quarter. NTB Financial Corp purchased a new position in shares of Vodafone Group Public during the 4th quarter valued at approximately $309,000. Gateway Investment Advisers LLC acquired a new stake in Vodafone Group Public in the 4th quarter valued at $180,000. Geneos Wealth Management Inc. raised its position in Vodafone Group Public by 18.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 11,606 shares of the cell phone carrier’s stock worth $173,000 after acquiring an additional 1,769 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in Vodafone Group Public by 12.9% during the fourth quarter. D.A. Davidson & CO. now owns 339,855 shares of the cell phone carrier’s stock valued at $5,075,000 after purchasing an additional 38,908 shares in the last quarter. Institutional investors and hedge funds own 9.07% of the company’s stock.

VOD has been the topic of several research analyst reports. StockNews.com began coverage on Vodafone Group Public in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Credit Suisse Group dropped their price objective on shares of Vodafone Group Public from GBX 150 ($1.85) to GBX 140 ($1.73) in a report on Wednesday, May 18th. Deutsche Bank Aktiengesellschaft cut their target price on Vodafone Group Public from GBX 230 ($2.84) to GBX 225 ($2.77) in a research note on Friday, April 1st. Zacks Investment Research upgraded Vodafone Group Public from a “sell” rating to a “hold” rating in a report on Thursday. Finally, Barclays reduced their price objective on shares of Vodafone Group Public from GBX 155 ($1.91) to GBX 150 ($1.85) in a report on Wednesday, May 18th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $116.11.

Shares of NASDAQ VOD opened at $15.33 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.89 and a current ratio of 0.85. The stock’s 50-day moving average is $16.28 and its two-hundred day moving average is $16.27. Vodafone Group Public Limited has a 1-year low of $14.42 and a 1-year high of $19.05.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 5th. Shareholders of record on Monday, June 6th will be given a $0.455 dividend. This represents a dividend yield of 9.6%. The ex-dividend date is Friday, June 3rd.

Vodafone Group Public Company Profile (Get Rating)

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

See Also

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Institutional Ownership by Quarter for Vodafone Group Public (NASDAQ:VOD)

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