Citigroup Inc. Purchases 21,567 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Citigroup Inc. lifted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,658,345 shares of the cell phone carrier’s stock after acquiring an additional 21,567 shares during the period. Citigroup Inc. owned approximately 0.06% of Vodafone Group Public worth $16,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vicus Capital lifted its stake in Vodafone Group Public by 10.0% during the 2nd quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock valued at $112,000 after acquiring an additional 1,144 shares during the period. Cohen Investment Advisors LLC boosted its holdings in Vodafone Group Public by 4.4% in the second quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after purchasing an additional 1,148 shares during the last quarter. Apollon Wealth Management LLC grew its position in Vodafone Group Public by 7.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock worth $171,000 after purchasing an additional 1,204 shares during the period. Profund Advisors LLC raised its stake in Vodafone Group Public by 3.0% during the 2nd quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock valued at $412,000 after buying an additional 1,350 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of Vodafone Group Public by 8.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 17,597 shares of the cell phone carrier’s stock valued at $156,000 after buying an additional 1,384 shares during the period. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Stock Up 1.2 %

Shares of NASDAQ:VOD opened at $8.97 on Thursday. The stock has a 50 day moving average of $9.46 and a 200 day moving average of $9.41. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

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 is Friday, November 22nd. This represents a dividend yield of 8%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VOD. UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

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.