Accurate Wealth Management LLC Purchases 11,235 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Accurate Wealth Management LLC increased its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 17.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 76,485 shares of the cell phone carrier’s stock after purchasing an additional 11,235 shares during the quarter. Accurate Wealth Management LLC’s holdings in Vodafone Group Public were worth $616,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of VOD. Mediolanum International Funds Ltd bought a new position in shares of Vodafone Group Public during the 3rd quarter valued at approximately $82,716,000. Bank of Montreal Can increased its position in shares of Vodafone Group Public by 445.7% during the 2nd quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock valued at $34,055,000 after purchasing an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Vodafone Group Public by 345.2% during the 2nd quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock valued at $26,786,000 after purchasing an additional 2,346,815 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vodafone Group Public by 177.1% during the 3rd 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. Finally, Oppenheimer & Co. Inc. boosted its holdings in 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 acquiring an additional 864,924 shares during the period. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

Shares of VOD stock opened at $8.48 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 stock has a market capitalization of $21.48 billion, a price-to-earnings ratio of 8.08, a P/E/G ratio of 0.61 and a beta of 0.77. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.39. The stock has a fifty day simple moving average of $8.68 and a two-hundred day simple moving average of $9.25.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Investors 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 is Friday, November 22nd. Vodafone Group Public’s dividend payout ratio (DPR) is currently 42.86%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two equities research 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Vodafone Group Public 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.