Lazari Capital Management Inc. Lowers Position in Vodafone Group Public Limited (NASDAQ:VOD)

Lazari Capital Management Inc. decreased its position in Vodafone Group Public Limited (NASDAQ:VOD) by 12.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,324 shares of the cell phone carrier’s stock after selling 3,137 shares during the period. Lazari Capital Management Inc.’s holdings in Vodafone Group Public were worth $181,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Turtle Creek Wealth Advisors LLC boosted its holdings in shares of Vodafone Group Public by 8.3% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 36,191 shares of the cell phone carrier’s stock valued at $307,000 after acquiring an additional 2,788 shares in the last quarter. SOL Capital Management CO boosted its holdings in shares of Vodafone Group Public by 14.1% in the fourth quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier’s stock valued at $138,000 after acquiring an additional 2,000 shares in the last quarter. First Affirmative Financial Network boosted its holdings in shares of Vodafone Group Public by 16.8% in the fourth quarter. First Affirmative Financial Network now owns 26,742 shares of the cell phone carrier’s stock valued at $227,000 after acquiring an additional 3,847 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Vodafone Group Public by 36.6% in the fourth quarter. Blue Trust Inc. now owns 21,925 shares of the cell phone carrier’s stock valued at $186,000 after acquiring an additional 5,869 shares in the last quarter. Finally, DGS Capital Management LLC boosted its holdings in Vodafone Group Public by 99.5% during the fourth quarter. DGS Capital Management LLC now owns 72,603 shares of the cell phone carrier’s stock worth $616,000 after buying an additional 36,209 shares in the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

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

Vodafone Group Public Stock Performance

VOD stock opened at $8.54 on Monday. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39. The company’s 50-day moving average price is $8.57 and its 200 day moving average price is $9.20. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Vodafone Group Public Cuts Dividend

The firm also recently declared 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 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.