SOL Capital Management CO Purchases 2,000 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

SOL Capital Management CO increased its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 14.1% during the fourth quarter, Holdings Channel reports. The fund owned 16,200 shares of the cell phone carrier’s stock after purchasing an additional 2,000 shares during the period. SOL Capital Management CO’s holdings in Vodafone Group Public were worth $138,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Mediolanum International Funds Ltd bought a new stake in shares of Vodafone Group Public during the third quarter valued at approximately $82,716,000. Bank of Montreal Can lifted its holdings in Vodafone Group Public by 12.4% during the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock worth $43,161,000 after acquiring an additional 472,537 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Vodafone Group Public by 177.1% in the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after acquiring an additional 2,145,085 shares during the period. Goldentree Asset Management LP increased its holdings in shares of Vodafone Group Public by 1.9% in the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock worth $32,898,000 after acquiring an additional 60,943 shares in the last quarter. Finally, FMR LLC lifted its holdings in shares of Vodafone Group Public by 12.4% during the 3rd quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier’s stock valued at $18,391,000 after purchasing an additional 202,339 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two research 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

VOD stock opened at $8.54 on Friday. The stock has a 50-day moving average price of $8.57 and a two-hundred day moving average price of $9.20. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year 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 announced a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be paid a $0.2423 dividend. This represents a yield of 8%. The ex-dividend date 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.