Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. lowered its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 8.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 31,468 shares of the cell phone carrier’s stock after selling 2,783 shares during the quarter. Raymond James Trust N.A.’s holdings in Vodafone Group Public were worth $315,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. GAMMA Investing LLC lifted its position in Vodafone Group Public by 116.7% in the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after acquiring an additional 2,102 shares during the last quarter. Asset Dedication LLC boosted its position in shares of Vodafone Group Public by 630.9% in the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 4,000 shares during the period. Trust Co. of Vermont increased its position in 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 worth $47,000 after buying an additional 4,405 shares during the period. CENTRAL TRUST Co boosted its stake in 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 purchasing an additional 1,513 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in Vodafone Group Public during the 2nd quarter worth approximately $49,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vodafone Group Public Stock Performance

Shares of NASDAQ VOD opened at $8.97 on Thursday. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average price of $9.46 and a 200 day moving average price of $9.41. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39.

Vodafone Group Public Cuts Dividend

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

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.