Vodafone Group Public Limited (NASDAQ:VOD) Shares Purchased by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC boosted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 40.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,608,956 shares of the cell phone carrier’s stock after purchasing an additional 6,216,805 shares during the period. Vodafone Group Public accounts for approximately 5.8% of ACR Alpine Capital Research LLC’s portfolio, making the stock its 9th biggest position. ACR Alpine Capital Research LLC owned about 0.80% of Vodafone Group Public worth $192,320,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Foundations Investment Advisors LLC bought a new position in shares of Vodafone Group Public in the fourth quarter worth about $88,000. International Assets Investment Management LLC bought a new position in shares of Vodafone Group Public in the fourth quarter worth about $589,000. Stifel Financial Corp increased its stake in shares of Vodafone Group Public by 23.6% in the fourth quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock worth $4,632,000 after purchasing an additional 101,553 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Vodafone Group Public by 15.8% in the first quarter. Janney Montgomery Scott LLC now owns 926,590 shares of the cell phone carrier’s stock worth $8,247,000 after purchasing an additional 126,761 shares during the period. Finally, Cerity Partners LLC increased its stake in shares of Vodafone Group Public by 4.2% in the fourth quarter. Cerity Partners LLC now owns 30,215 shares of the cell phone carrier’s stock worth $263,000 after purchasing an additional 1,229 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

NASDAQ:VOD traded down $0.10 during trading hours on Thursday, hitting $9.19. 2,329,184 shares of the stock were exchanged, compared to its average volume of 7,097,921. The company’s 50 day moving average is $9.11 and its two-hundred day moving average is $8.81. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.19. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79.

Vodafone Group Public Cuts Dividend

The business also recently declared a Semi-Annual dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, June 7th will be paid a $0.469 dividend. This represents a dividend yield of 9.6%. The ex-dividend date is Friday, June 7th.

Analyst Ratings Changes

Several equities analysts recently issued reports on VOD shares. Deutsche Bank Aktiengesellschaft started coverage on Vodafone Group Public in a research note on Thursday, June 20th. They set a “buy” rating on the stock. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a research note on Monday. Finally, StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, May 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Vodafone Group Public has an average rating of “Moderate Buy” and a consensus price target of $14.45.

About Vodafone Group Public

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.