OxFORD Asset Management LLP Boosts Stake in Vodafone Group PLC (VOD)
OxFORD Asset Management LLP lifted its position in Vodafone Group PLC (NASDAQ:VOD) by 82.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 232,449 shares of the cell phone carrier’s stock after purchasing an additional 105,280 shares during the quarter. OxFORD Asset Management LLP’s holdings in Vodafone Group were worth $6,598,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its holdings in shares of Vodafone Group by 4.7% in the 3rd quarter. Fisher Asset Management LLC now owns 24,824,481 shares of the cell phone carrier’s stock worth $706,505,000 after purchasing an additional 1,121,862 shares in the last quarter. Federated Investors Inc. PA boosted its holdings in Vodafone Group by 5.4% during the 2nd quarter. Federated Investors Inc. PA now owns 9,620,051 shares of the cell phone carrier’s stock valued at $276,384,000 after acquiring an additional 492,968 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Vodafone Group by 5.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,630,584 shares of the cell phone carrier’s stock valued at $217,166,000 after acquiring an additional 386,931 shares during the period. Renaissance Technologies LLC boosted its holdings in Vodafone Group by 9.0% during the 2nd quarter. Renaissance Technologies LLC now owns 5,641,400 shares of the cell phone carrier’s stock valued at $162,077,000 after acquiring an additional 467,200 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in Vodafone Group by 21.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,244,439 shares of the cell phone carrier’s stock valued at $93,255,000 after acquiring an additional 569,025 shares during the period. Hedge funds and other institutional investors own 10.24% of the company’s stock.
Several brokerages recently weighed in on VOD. UBS restated a “buy” rating on shares of Vodafone Group in a report on Monday, October 2nd. BidaskClub upgraded Vodafone Group from a “sell” rating to a “hold” rating in a report on Thursday, October 19th. Bank of America upgraded Vodafone Group from a “neutral” rating to a “buy” rating and set a $32.56 target price for the company in a report on Wednesday, August 9th. Zacks Investment Research cut Vodafone Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, Goldman Sachs Group restated a “buy” rating on shares of Vodafone Group in a report on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $32.14.
Vodafone Group PLC (NASDAQ:VOD) opened at $30.73 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 $24.30 and a 52-week high of $31.03.
The firm also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, November 24th will be given a dividend of $0.5642 per share. This represents a yield of 3.68%. The ex-dividend date is Wednesday, November 22nd. Vodafone Group’s payout ratio is -310.81%.
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.
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