Aperio Group LLC Trims Stake in Vodafone (VOD)

Aperio Group LLC cut its stake in shares of Vodafone (NASDAQ:VOD) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 662,628 shares of the cell phone carrier’s stock after selling 10,811 shares during the quarter. Aperio Group LLC’s holdings in Vodafone were worth $18,434,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atria Investments LLC lifted its holdings in shares of Vodafone by 63.0% in the fourth quarter. Atria Investments LLC now owns 16,728 shares of the cell phone carrier’s stock valued at $534,000 after purchasing an additional 6,467 shares in the last quarter. Heritage Way Advisors LLC purchased a new stake in shares of Vodafone in the fourth quarter valued at $431,000. Bank of Montreal Can lifted its holdings in shares of Vodafone by 30.2% in the fourth quarter. Bank of Montreal Can now owns 610,113 shares of the cell phone carrier’s stock valued at $19,462,000 after purchasing an additional 141,442 shares in the last quarter. Creative Planning lifted its holdings in shares of Vodafone by 4.8% in the fourth quarter. Creative Planning now owns 48,111 shares of the cell phone carrier’s stock valued at $1,535,000 after purchasing an additional 2,212 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Vodafone in the fourth quarter valued at $827,000. 10.85% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:VOD opened at $26.61 on Friday. 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 has a 1 year low of $26.71 and a 1 year high of $26.98. The firm has a market cap of $72.13 billion, a P/E ratio of 19.57, a PEG ratio of 1.93 and a beta of 0.81.

The company also recently disclosed a semiannual dividend, which will be paid on Friday, August 3rd. Investors of record on Friday, June 8th will be issued a dividend of $1.2237 per share. This represents a dividend yield of 9.2%. This is a positive change from Vodafone’s previous semiannual dividend of $0.56. The ex-dividend date is Thursday, June 7th. Vodafone’s dividend payout ratio (DPR) is currently 127.21%.

A number of analysts have recently issued reports on the company. Zacks Investment Research lowered Vodafone from a “buy” rating to a “hold” rating in a report on Sunday, January 21st. BidaskClub lowered Vodafone from a “buy” rating to a “hold” rating in a report on Thursday, January 18th. Numis Securities upgraded Vodafone from an “add” rating to a “buy” rating in a report on Monday, February 5th. Bank of America restated a “buy” rating and issued a $37.26 target price on shares of Vodafone in a report on Monday, February 5th. Finally, ValuEngine lowered Vodafone from a “buy” rating to a “hold” rating in a report on Thursday, May 3rd. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Vodafone has a consensus rating of “Buy” and an average price target of $31.76.

Vodafone Company Profile

Vodafone Group Plc operates as a telecommunications company worldwide. The company offers voice, messaging, and data services across mobile and fixed networks; broadband and TV services; cloud and hosting for storing data and applications in the cloud, as well as Internet protocol-virtual private network services; roaming services; and converged communication services to small businesses and large multinational companies.

Institutional Ownership by Quarter for Vodafone (NASDAQ:VOD)

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