Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC trimmed its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 40.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 51,419 shares of the cell phone carrier’s stock after selling 35,407 shares during the period. Stratos Wealth Advisors LLC’s holdings in Vodafone Group Public were worth $437,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of VOD. Stifel Financial Corp raised its holdings in shares of Vodafone Group Public by 34.9% during the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after buying an additional 201,360 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Vodafone Group Public by 1,119.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after buying an additional 864,924 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Vodafone Group Public during the 3rd quarter valued at about $7,482,000. Goldentree Asset Management LP raised its holdings in shares of Vodafone Group Public by 1.9% during the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after buying an additional 60,943 shares during the period. Finally, Park Avenue Securities LLC raised its holdings in shares of Vodafone Group Public by 16.1% during the 4th quarter. Park Avenue Securities LLC now owns 31,173 shares of the cell phone carrier’s stock valued at $265,000 after buying an additional 4,332 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Price Performance

VOD stock opened at $8.57 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The stock’s 50 day moving average is $8.52 and its two-hundred day moving average is $9.18.

Vodafone Group Public Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.2423 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a yield of 8%.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

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.