MQS Management LLC Makes New $236,000 Investment in Vodafone Group Public Limited (NASDAQ:VOD)

MQS Management LLC acquired a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,521 shares of the cell phone carrier’s stock, valued at approximately $236,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Vicus Capital raised its position in Vodafone Group Public by 10.0% during the second quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock worth $112,000 after acquiring an additional 1,144 shares during the period. Cohen Investment Advisors LLC raised its position in Vodafone Group Public by 4.4% during the second quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after acquiring an additional 1,148 shares during the period. Apollon Wealth Management LLC raised its position in Vodafone Group Public by 7.6% during the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock worth $171,000 after acquiring an additional 1,204 shares during the period. Profund Advisors LLC raised its position in Vodafone Group Public by 3.0% during the second quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock worth $412,000 after acquiring an additional 1,350 shares during the period. Finally, Pacific Center for Financial Services grew its holdings in shares of Vodafone Group Public by 17.4% during the first quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock worth $82,000 after buying an additional 1,361 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Trading Up 1.0 %

Shares of VOD opened at $8.77 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.29 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39. The firm has a 50-day moving average price of $9.68 and a 200 day moving average price of $9.38. The firm has a market capitalization of $22.93 billion, a P/E ratio of 8.60, a P/E/G ratio of 0.86 and a beta of 0.77.

Vodafone Group Public Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be given a $0.2423 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a yield of 8%. Vodafone Group Public’s payout ratio is currently 44.12%.

Analysts Set New Price Targets

VOD has been the subject of a number of research reports. 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 lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given 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 a consensus 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.