Vodafone Group Plc (NASDAQ:VOD) Holdings Reduced by Stonebridge Capital Management Inc.

Stonebridge Capital Management Inc. decreased its holdings in shares of Vodafone Group Plc (NASDAQ:VOD) by 9.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,245 shares of the cell phone carrier’s stock after selling 8,525 shares during the period. Stonebridge Capital Management Inc.’s holdings in Vodafone Group were worth $2,595,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Miller Howard Investments Inc. NY raised its position in shares of Vodafone Group by 58.2% in the 4th quarter. Miller Howard Investments Inc. NY now owns 3,900,428 shares of the cell phone carrier’s stock worth $124,424,000 after acquiring an additional 1,434,846 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Vodafone Group by 4.6% in the 4th quarter. Fisher Asset Management LLC now owns 25,957,027 shares of the cell phone carrier’s stock worth $828,029,000 after acquiring an additional 1,132,546 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Vodafone Group by 47.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,013,916 shares of the cell phone carrier’s stock worth $86,590,000 after acquiring an additional 975,277 shares in the last quarter. First Trust Advisors LP raised its position in shares of Vodafone Group by 153.7% in the 3rd quarter. First Trust Advisors LP now owns 819,323 shares of the cell phone carrier’s stock worth $23,318,000 after acquiring an additional 496,431 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Vodafone Group by 5.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,630,584 shares of the cell phone carrier’s stock worth $217,166,000 after acquiring an additional 386,931 shares in the last quarter. 10.36% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Plc (NASDAQ:VOD) traded down $0.09 during mid-day trading on Tuesday, reaching $28.45. The company had a trading volume of 4,570,400 shares, compared to its average volume of 4,220,869. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a one year low of $24.68 and a one year high of $32.75. The company has a market cap of $74,620.00, a price-to-earnings ratio of -74.87, a PEG ratio of 1.94 and a beta of 0.87.

The firm also recently announced a semiannual dividend, which was paid on Friday, February 2nd. Shareholders of record on Friday, November 24th were paid a dividend of $0.5642 per share. The ex-dividend date was Wednesday, November 22nd. This represents a yield of 3.68%. Vodafone Group’s dividend payout ratio is -455.26%.

VOD has been the subject of several research reports. Zacks Investment Research raised Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 target price for the company in a research report on Friday, November 17th. BidaskClub lowered Vodafone Group from a “buy” rating to a “hold” rating in a research report on Thursday, January 18th. Numis Securities raised Vodafone Group from an “add” rating to a “buy” rating in a research report on Monday, February 5th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Thursday, November 23rd. Finally, UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Friday, October 27th. 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 company has an average rating of “Buy” and an average price target of $33.32.

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About Vodafone Group

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.

Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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