Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Leo Wealth LLC

Leo Wealth LLC lessened its position in Vodafone Group Public Limited (NASDAQ:VOD) by 36.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,678 shares of the cell phone carrier’s stock after selling 53,008 shares during the period. Leo Wealth LLC’s holdings in Vodafone Group Public were worth $770,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Mediolanum International Funds Ltd purchased a new position in shares of Vodafone Group Public during the 3rd quarter worth about $82,716,000. JPMorgan Chase & Co. raised its stake in Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock worth $33,632,000 after purchasing an additional 2,145,085 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of 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 buying an additional 864,924 shares during the period. Bank of Montreal Can increased its holdings in shares of Vodafone Group Public by 12.4% during the 3rd quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock worth $43,161,000 after buying an additional 472,537 shares during the last quarter. Finally, FMR LLC boosted its holdings in Vodafone Group Public by 12.4% in the third quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier’s stock valued at $18,391,000 after acquiring an additional 202,339 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

Vodafone Group Public stock opened at $8.57 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The firm has a fifty day moving average of $8.52 and a 200-day moving average of $9.18. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, November 22nd were given a $0.2423 dividend. This represents a yield of 8%. The ex-dividend date of this dividend was Friday, November 22nd.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Vodafone Group Public has a consensus rating of “Moderate Buy”.

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.