Cornerstone Wealth Management LLC Has $172,000 Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Cornerstone Wealth Management LLC grew its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 52.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,284 shares of the cell phone carrier’s stock after buying an additional 7,005 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vodafone Group Public were worth $172,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VOD. Trust Co. of Vermont raised its stake in shares of Vodafone Group Public by 1,493.2% in the 3rd 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 raised its position in 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 valued at $55,000 after buying an additional 1,513 shares during the last quarter. GAMMA Investing LLC lifted its stake in Vodafone Group Public by 79.9% in the 3rd quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock valued at $70,000 after acquiring an additional 3,120 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its position in Vodafone Group Public by 627.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after acquiring an additional 8,324 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Vodafone Group Public during the 3rd quarter worth approximately $101,000. Institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

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

Vodafone Group Public Stock Down 0.4 %

Shares of NASDAQ VOD opened at $8.37 on Monday. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $10.39. The stock has a 50 day moving average price of $8.60 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 announced a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be paid a $0.2423 dividend. The ex-dividend date is Friday, November 22nd. This represents a dividend yield of 8%.

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.