Advisors Asset Management Inc. Acquires 9,714 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Advisors Asset Management Inc. lifted its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 111,808 shares of the cell phone carrier’s stock after acquiring an additional 9,714 shares during the period. Advisors Asset Management Inc.’s holdings in Vodafone Group Public were worth $1,120,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after acquiring an additional 2,102 shares during the last quarter. Asset Dedication LLC lifted its stake in Vodafone Group Public by 630.9% in the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 4,000 shares during the last quarter. Trust Co. of Vermont boosted its position in shares of Vodafone Group Public by 1,493.2% during the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after buying an additional 4,405 shares during the period. Rothschild Investment LLC bought a new position in shares of Vodafone Group Public during the second quarter valued at approximately $49,000. Finally, CENTRAL TRUST Co lifted its stake in shares of Vodafone Group Public by 37.8% during the 3rd 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. 7.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VOD has been the topic of a number of recent analyst reports. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Vodafone Group Public has an average rating of “Moderate Buy”.

Vodafone Group Public Price Performance

NASDAQ:VOD opened at $8.91 on Tuesday. 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 company has a 50-day moving average of $9.51 and a 200 day moving average of $9.41. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39.

Vodafone Group Public Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.2423 per share. The ex-dividend date is Friday, November 22nd. This represents a yield of 8%.

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.