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

Leo Wealth LLC decreased its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 36.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 90,678 shares of the cell phone carrier’s stock after selling 53,008 shares during the period. Leo Wealth LLC’s holdings in Vodafone Group Public were worth $770,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. AQR Capital Management LLC lifted its holdings in Vodafone Group Public by 102.7% in the second quarter. AQR Capital Management LLC now owns 104,783 shares of the cell phone carrier’s stock valued at $929,000 after acquiring an additional 53,087 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Vodafone Group Public in the second quarter valued at about $420,000. GAMMA Investing LLC boosted its holdings in Vodafone Group Public by 79.9% during the third quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock worth $70,000 after buying an additional 3,120 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in Vodafone Group Public by 18.4% in the third quarter. Valeo Financial Advisors LLC now owns 20,828 shares of the cell phone carrier’s stock valued at $209,000 after buying an additional 3,231 shares in the last quarter. Finally, First Affirmative Financial Network lifted its position in shares of Vodafone Group Public by 64.3% during the 3rd quarter. First Affirmative Financial Network now owns 22,895 shares of the cell phone carrier’s stock valued at $229,000 after acquiring an additional 8,964 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Trading Up 1.5 %

Shares of VOD opened at $8.57 on Friday. The company has a 50-day moving average of $8.52 and a two-hundred day moving average of $9.18. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39. 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 Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, February 7th. Investors of record on Friday, November 22nd were paid a $0.2423 dividend. This represents a yield of 8%. The ex-dividend date of this dividend was Friday, November 22nd.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average 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.