Vodafone Group Public Limited (NASDAQ:VOD) Shares Bought by M&T Bank Corp

M&T Bank Corp lifted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 16.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,238 shares of the cell phone carrier’s stock after acquiring an additional 3,262 shares during the period. M&T Bank Corp’s holdings in Vodafone Group Public were worth $233,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Y Intercept Hong Kong Ltd purchased a new stake in Vodafone Group Public during the 3rd quarter valued at approximately $127,000. Orion Portfolio Solutions LLC lifted its holdings in shares of Vodafone Group Public by 18.9% during the third quarter. Orion Portfolio Solutions LLC now owns 13,336 shares of the cell phone carrier’s stock worth $134,000 after purchasing an additional 2,123 shares during the period. Stifel Financial Corp grew its position in Vodafone Group Public by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after buying an additional 201,360 shares during the last quarter. Quantinno Capital Management LP increased its stake in Vodafone Group Public by 26.1% in the 3rd quarter. Quantinno Capital Management LP now owns 212,543 shares of the cell phone carrier’s stock valued at $2,130,000 after buying an additional 44,005 shares during the period. Finally, Parallax Volatility Advisers L.P. acquired a new stake in shares of Vodafone Group Public in the 3rd quarter worth $592,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 0.4 %

VOD stock opened at $8.38 on Friday. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week 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 company has a market cap of $21.60 billion, a P/E ratio of 7.98, a P/E/G ratio of 0.61 and a beta of 0.77. The company’s 50-day moving average price is $9.10 and its 200 day moving average price is $9.33.

Vodafone Group Public Cuts Dividend

The company 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 $0.2423 dividend. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd. Vodafone Group Public’s payout ratio is currently 42.86%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. The Goldman Sachs Group cut 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 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 currently has a consensus 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.