Rockefeller Capital Management L.P. Trims Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Rockefeller Capital Management L.P. cut its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 16.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 649,455 shares of the cell phone carrier’s stock after selling 126,430 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Vodafone Group Public were worth $6,507,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers raised its position in shares of Vodafone Group Public by 163.7% during the 1st quarter. Cetera Investment Advisers now owns 692,886 shares of the cell phone carrier’s stock valued at $6,167,000 after buying an additional 430,092 shares during the period. Cetera Advisors LLC increased its position in shares of Vodafone Group Public by 465.9% during the 1st quarter. Cetera Advisors LLC now owns 290,740 shares of the cell phone carrier’s stock worth $2,588,000 after purchasing an additional 239,367 shares during the last quarter. GAMMA Investing LLC boosted its stake in Vodafone Group Public by 116.7% during the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after buying an additional 2,102 shares during the period. Aprio Wealth Management LLC increased its position in shares of Vodafone Group Public by 37.5% during the second quarter. Aprio Wealth Management LLC now owns 33,153 shares of the cell phone carrier’s stock valued at $294,000 after acquiring an additional 9,036 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in shares of Vodafone Group Public by 8.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 17,597 shares of the cell phone carrier’s stock valued at $156,000 after acquiring an additional 1,384 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of Vodafone Group Public stock opened at $8.83 on Wednesday. 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 $9.36 and a 200 day moving average of $9.39. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.39.

Vodafone Group Public Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Investors 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.

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.