Guggenheim Capital LLC Purchases 5,613 Shares of Vodafone Group Plc (VOD)

Guggenheim Capital LLC lifted its position in shares of Vodafone Group Plc (NASDAQ:VOD) by 2.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 231,221 shares of the cell phone carrier’s stock after buying an additional 5,613 shares during the quarter. Guggenheim Capital LLC’s holdings in Vodafone Group were worth $6,433,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Stellar Capital Management LLC lifted its stake in shares of Vodafone Group by 2.4% during the 1st quarter. Stellar Capital Management LLC now owns 82,066 shares of the cell phone carrier’s stock worth $2,284,000 after purchasing an additional 1,927 shares during the last quarter. D.A. Davidson & CO. raised its stake in Vodafone Group by 2.6% in the first quarter. D.A. Davidson & CO. now owns 76,180 shares of the cell phone carrier’s stock valued at $2,119,000 after buying an additional 1,937 shares during the last quarter. Princeton Portfolio Strategies Group LLC raised its stake in Vodafone Group by 4.5% in the first quarter. Princeton Portfolio Strategies Group LLC now owns 46,643 shares of the cell phone carrier’s stock valued at $1,298,000 after buying an additional 2,000 shares during the last quarter. Compton Capital Management Inc. RI raised its stake in Vodafone Group by 10.9% in the first quarter. Compton Capital Management Inc. RI now owns 20,527 shares of the cell phone carrier’s stock valued at $571,000 after buying an additional 2,010 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in Vodafone Group by 21.3% in the fourth quarter. Jones Financial Companies Lllp now owns 11,567 shares of the cell phone carrier’s stock valued at $369,000 after buying an additional 2,028 shares during the last quarter. Hedge funds and other institutional investors own 10.85% of the company’s stock.

A number of equities research analysts have commented on VOD shares. Citigroup upgraded Vodafone Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 4th. Zacks Investment Research cut Vodafone Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 31st. ValuEngine upgraded Vodafone Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 15th. BNP Paribas upgraded Vodafone Group from a “neutral” rating to an “outperform” rating and decreased their price target for the company from $28.67 to $28.56 in a research note on Wednesday, March 7th. Finally, BidaskClub cut Vodafone Group from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 20th. Two analysts have 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 stock. The company currently has a consensus rating of “Buy” and a consensus target price of $31.71.

Shares of Vodafone Group opened at $24.31 on Monday, MarketBeat Ratings reports. Vodafone Group Plc has a 52-week low of $24.04 and a 52-week high of $32.75. The stock has a market capitalization of $64.85 billion, a PE ratio of 17.88, a PEG ratio of 1.31 and a beta of 0.79. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.97 and a quick ratio of 0.96.

The company also recently disclosed a semiannual dividend, which will be paid on Friday, August 3rd. Stockholders of record on Friday, June 8th will be paid a $1.2237 dividend. This represents a dividend yield of 9.2%. This is a boost from Vodafone Group’s previous semiannual dividend of $0.56. The ex-dividend date is Thursday, June 7th. Vodafone Group’s dividend payout ratio (DPR) is presently 177.21%.

Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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

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