Hancock Whitney Corp Sells 12,746 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Hancock Whitney Corp trimmed its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 32.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,459 shares of the cell phone carrier’s stock after selling 12,746 shares during the period. Hancock Whitney Corp’s holdings in Vodafone Group Public were worth $265,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. GAMMA Investing LLC lifted its position in Vodafone Group Public by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after purchasing an additional 2,102 shares during the period. Asset Dedication LLC boosted 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 valued at $41,000 after acquiring an additional 4,000 shares during the last quarter. Trust Co. of Vermont raised its position in shares of Vodafone Group Public by 1,493.2% during the 3rd quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after acquiring an additional 4,405 shares during the last quarter. Rothschild Investment LLC acquired a new position in shares of Vodafone Group Public in the 2nd quarter valued at $49,000. Finally, CENTRAL TRUST Co boosted its position in shares of Vodafone Group Public by 37.8% in 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 last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Stock Up 1.2 %

Shares of Vodafone Group Public stock opened at $8.97 on Thursday. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year 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. The business has a 50-day moving average of $9.46 and a two-hundred day moving average of $9.41.

Vodafone Group Public Cuts Dividend

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

Wall Street Analysts Forecast Growth

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

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.