Bronfman E.L. Rothschild L.P. decreased its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 10.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 24,754 shares of the cell phone carrier’s stock after selling 2,895 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Vodafone Group were worth $790,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of VOD. Essex Financial Services Inc. bought a new stake in Vodafone Group during the 4th quarter valued at approximately $219,000. Texas Yale Capital Corp. boosted its stake in Vodafone Group by 5.2% during the 4th quarter. Texas Yale Capital Corp. now owns 40,558 shares of the cell phone carrier’s stock valued at $1,294,000 after purchasing an additional 2,005 shares during the period. Wealthstreet Investment Advisors LLC bought a new stake in Vodafone Group during the 4th quarter valued at approximately $679,000. South Texas Money Management Ltd. boosted its stake in Vodafone Group by 2.5% during the 4th quarter. South Texas Money Management Ltd. now owns 1,043,029 shares of the cell phone carrier’s stock valued at $33,273,000 after purchasing an additional 25,715 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in Vodafone Group by 17.1% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 32,811 shares of the cell phone carrier’s stock valued at $1,046,000 after purchasing an additional 4,789 shares during the period. 10.36% of the stock is currently owned by institutional investors and hedge funds.
Shares of Vodafone Group Plc (NASDAQ:VOD) opened at $28.45 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a 52-week low of $24.68 and a 52-week high of $32.75. The company has a market capitalization of $74,240.00, a P/E ratio of -74.87, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87.
The company also recently disclosed a semiannual dividend, which was paid on Friday, February 2nd. Shareholders of record on Friday, November 24th were given a $0.5642 dividend. The ex-dividend date was Wednesday, November 22nd. This represents a dividend yield of 3.68%. Vodafone Group’s dividend payout ratio is currently -455.26%.
VOD has been the subject of several recent analyst reports. Barclays upgraded Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. Zacks Investment Research upgraded Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Friday, November 17th. BidaskClub upgraded Vodafone Group from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. UBS Group reiterated a “buy” rating on shares of Vodafone Group in a research report on Friday, October 27th. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of Vodafone Group in a research report on Thursday, November 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $33.32.
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Vodafone Group Profile
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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