Barry Investment Advisors LLC Reduces Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Barry Investment Advisors LLC reduced its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 31.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,348 shares of the cell phone carrier’s stock after selling 7,348 shares during the period. Barry Investment Advisors LLC’s holdings in Vodafone Group Public were worth $146,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VOD. ICICI Prudential Asset Management Co Ltd boosted its holdings in shares of Vodafone Group Public by 17.8% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 9,269,284 shares of the cell phone carrier’s stock valued at $80,643,000 after acquiring an additional 1,400,000 shares during the period. First Trust Advisors LP boosted its holdings in shares of Vodafone Group Public by 0.4% in the fourth quarter. First Trust Advisors LP now owns 3,301,869 shares of the cell phone carrier’s stock valued at $28,726,000 after acquiring an additional 12,826 shares during the period. FMR LLC boosted its holdings in shares of Vodafone Group Public by 87.9% in the third quarter. FMR LLC now owns 2,369,456 shares of the cell phone carrier’s stock valued at $22,462,000 after acquiring an additional 1,108,312 shares during the period. abrdn plc boosted its holdings in shares of Vodafone Group Public by 1.9% in the fourth quarter. abrdn plc now owns 1,928,400 shares of the cell phone carrier’s stock valued at $16,777,000 after acquiring an additional 36,600 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Vodafone Group Public by 6.3% during the third quarter. American Century Companies Inc. now owns 871,833 shares of the cell phone carrier’s stock worth $8,265,000 after purchasing an additional 51,965 shares during the period. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VOD shares. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, May 27th. Deutsche Bank Aktiengesellschaft started coverage on Vodafone Group Public in a report on Thursday, June 20th. They set a “buy” rating for the company.

Vodafone Group Public Trading Up 1.1 %

Shares of NASDAQ VOD traded up $0.10 during mid-day trading on Friday, hitting $8.87. 8,090,629 shares of the company were exchanged, compared to its average volume of 5,729,722. The stock has a 50 day simple moving average of $9.04 and a 200-day simple moving average of $8.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.19.

Vodafone Group Public Cuts Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 2nd. Shareholders of record on Friday, June 7th will be given a $0.469 dividend. This represents a yield of 9.6%. The ex-dividend date is Friday, June 7th.

Vodafone Group Public Company 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.