Euro Pacific Asset Management LLC Sells 27,642 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Euro Pacific Asset Management LLC reduced its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 55.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 21,938 shares of the cell phone carrier’s stock after selling 27,642 shares during the period. Euro Pacific Asset Management LLC’s holdings in Vodafone Group Public were worth $188,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VOD. Trust Co. of Vermont boosted its holdings in shares of Vodafone Group Public by 1,493.2% in the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after purchasing an additional 4,405 shares during the period. CENTRAL TRUST Co lifted its holdings in shares of Vodafone Group Public by 37.8% in the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after buying an additional 1,513 shares during the period. GAMMA Investing LLC grew its position in shares of Vodafone Group Public by 79.9% during the 3rd quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock worth $70,000 after buying an additional 3,120 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of Vodafone Group Public by 627.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock valued at $97,000 after buying an additional 8,324 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Vodafone Group Public in the third quarter valued at about $101,000. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

VOD opened at $8.37 on Friday. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.39. The stock has a fifty day moving average price of $8.61 and a 200-day moving average price of $9.22. 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 company also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.2423 per share. This represents a dividend yield of 8%. The ex-dividend date is Friday, November 22nd.

Wall Street Analysts Forecast Growth

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

Vodafone Group Public Profile

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.