First Affirmative Financial Network Grows Position in Vodafone Group Public Limited (NASDAQ:VOD)

First Affirmative Financial Network grew its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 16.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 26,742 shares of the cell phone carrier’s stock after acquiring an additional 3,847 shares during the quarter. First Affirmative Financial Network’s holdings in Vodafone Group Public were worth $227,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VOD. Blue Trust Inc. raised its position in Vodafone Group Public by 36.6% during the fourth quarter. Blue Trust Inc. now owns 21,925 shares of the cell phone carrier’s stock valued at $186,000 after purchasing an additional 5,869 shares during the period. DGS Capital Management LLC raised its holdings in Vodafone Group Public by 99.5% during the 4th quarter. DGS Capital Management LLC now owns 72,603 shares of the cell phone carrier’s stock valued at $616,000 after buying an additional 36,209 shares during the period. Cornerstone Wealth Management LLC boosted its stake in Vodafone Group Public by 52.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 20,284 shares of the cell phone carrier’s stock worth $172,000 after buying an additional 7,005 shares during the period. New Century Financial Group LLC increased its position in Vodafone Group Public by 21.8% during the fourth quarter. New Century Financial Group LLC now owns 14,651 shares of the cell phone carrier’s stock valued at $124,000 after acquiring an additional 2,621 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Vodafone Group Public by 2.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,234,404 shares of the cell phone carrier’s stock worth $10,480,000 after acquiring an additional 28,084 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Trading Up 0.7 %

VOD stock opened at $8.61 on Friday. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month 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. The business’s fifty day simple moving average is $8.57 and its two-hundred day simple moving average is $9.20.

Vodafone Group Public Cuts Dividend

The business also recently disclosed 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 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.