Crossmark Global Holdings Inc. Increases Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Crossmark Global Holdings Inc. raised its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 1.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 197,268 shares of the cell phone carrier’s stock after purchasing an additional 3,423 shares during the period. Crossmark Global Holdings Inc.’s holdings in Vodafone Group Public were worth $1,675,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Apollon Wealth Management LLC raised its position in Vodafone Group Public by 7.6% in the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after purchasing an additional 1,204 shares during the period. Profund Advisors LLC raised its position in Vodafone Group Public by 3.0% in the second quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock valued at $412,000 after purchasing an additional 1,350 shares during the period. DRW Securities LLC raised its position in Vodafone Group Public by 2.2% in the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier’s stock valued at $664,000 after purchasing an additional 1,399 shares during the period. Pitcairn Co. raised its position in Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock valued at $155,000 after purchasing an additional 1,458 shares during the period. Finally, CENTRAL TRUST Co raised its position in 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 valued at $55,000 after purchasing an additional 1,513 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

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 research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Up 0.2 %

Shares of NASDAQ VOD opened at $8.40 on Friday. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $8.61 and a 200-day simple moving average of $9.23.

Vodafone Group Public Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, November 22nd will be paid a $0.2423 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a dividend yield of 8%.

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.