Vodafone Group PLC $VOD Shares Acquired by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its position in Vodafone Group PLC (NASDAQ:VOD) by 9.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 990,280 shares of the cell phone carrier’s stock after acquiring an additional 88,915 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Vodafone Group were worth $13,082,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in VOD. Assetmark Inc. lifted its position in shares of Vodafone Group by 156.8% in the 4th quarter. Assetmark Inc. now owns 2,275 shares of the cell phone carrier’s stock valued at $30,000 after acquiring an additional 1,389 shares in the last quarter. American Capital Advisory LLC lifted its position in shares of Vodafone Group by 40.8% in the 4th quarter. American Capital Advisory LLC now owns 2,400 shares of the cell phone carrier’s stock valued at $32,000 after acquiring an additional 696 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Vodafone Group by 38.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,435 shares of the cell phone carrier’s stock valued at $40,000 after acquiring an additional 946 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of Vodafone Group by 129.6% in the 4th quarter. CENTRAL TRUST Co now owns 3,915 shares of the cell phone carrier’s stock valued at $52,000 after acquiring an additional 2,210 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its position in shares of Vodafone Group by 38.2% in the 4th quarter. Sound Income Strategies LLC now owns 4,766 shares of the cell phone carrier’s stock valued at $64,000 after acquiring an additional 1,317 shares in the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Price Performance

NASDAQ:VOD opened at $15.00 on Tuesday. Vodafone Group PLC has a 1 year low of $9.54 and a 1 year high of $16.60. The firm’s fifty day simple moving average is $15.17 and its 200 day simple moving average is $14.08. The company has a current ratio of 1.14, a quick ratio of 1.11 and a debt-to-equity ratio of 0.84.

Vodafone Group Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, June 5th will be paid a $0.2766 dividend. The ex-dividend date is Friday, June 5th. This represents a yield of 357.0%.

Wall Street Analyst Weigh In

VOD has been the subject of several research analyst reports. Zacks Research upgraded shares of Vodafone Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of Vodafone Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. DZ Bank downgraded shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, UBS Group upgraded shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $72.00.

Vodafone Group Profile

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.