Turtle Creek Wealth Advisors LLC Purchases 2,788 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Turtle Creek Wealth Advisors LLC raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,191 shares of the cell phone carrier’s stock after buying an additional 2,788 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Vodafone Group Public were worth $307,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VOD. Mediolanum International Funds Ltd purchased a new position in shares of Vodafone Group Public during the third quarter valued at about $82,716,000. JPMorgan Chase & Co. lifted its stake in shares of Vodafone Group Public by 177.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after purchasing an additional 2,145,085 shares during the period. Oppenheimer & Co. Inc. grew its stake in Vodafone Group Public by 1,119.6% in the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after purchasing an additional 864,924 shares during the period. Bank of Montreal Can grew its stake in Vodafone Group Public by 12.4% in the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock worth $43,161,000 after purchasing an additional 472,537 shares during the period. Finally, FMR LLC raised 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 worth $18,391,000 after purchasing an additional 202,339 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Vodafone Group Public Stock Up 0.7 %

VOD stock opened at $8.61 on Friday. 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 firm has a 50 day moving average price of $8.57 and a 200-day moving average price of $9.20. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $10.39.

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 issued a $0.2423 dividend. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd.

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.