Teachers Retirement System of The State of Kentucky Purchases New Position in Vodafone Group PLC $VOD

Teachers Retirement System of The State of Kentucky acquired a new position in shares of Vodafone Group PLC (NASDAQ:VOD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 370,290 shares of the cell phone carrier’s stock, valued at approximately $5,562,000.

Several other large investors have also recently bought and sold shares of VOD. Assetmark Inc. raised its holdings in Vodafone Group by 156.8% in the fourth quarter. Assetmark Inc. now owns 2,275 shares of the cell phone carrier’s stock worth $30,000 after purchasing an additional 1,389 shares during the period. Bayban grew its holdings in shares of Vodafone Group by 6,696.7% in the 1st quarter. Bayban now owns 2,039 shares of the cell phone carrier’s stock valued at $31,000 after buying an additional 2,009 shares during the period. American Capital Advisory LLC increased its position in shares of Vodafone Group by 40.8% in the 4th quarter. American Capital Advisory LLC now owns 2,400 shares of the cell phone carrier’s stock valued at $32,000 after buying an additional 696 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Vodafone Group by 81.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,651 shares of the cell phone carrier’s stock worth $35,000 after buying an additional 1,193 shares during the period. Finally, CIBC Private Wealth Group LLC raised its stake in Vodafone Group by 38.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,435 shares of the cell phone carrier’s stock worth $40,000 after buying an additional 946 shares during the period. Institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. UBS Group upgraded Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd. Barclays cut Vodafone Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, June 11th. Bank of America lowered shares of Vodafone Group from a “neutral” rating to an “underperform” rating and set a $13.13 price target on the stock. in a research note on Tuesday, May 26th. Zacks Research cut shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Finally, DZ Bank downgraded shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $52.38.

Vodafone Group Price Performance

Vodafone Group stock opened at $15.47 on Tuesday. The firm has a 50-day moving average of $14.65 and a 200-day moving average of $14.69. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.11 and a current ratio of 1.14. Vodafone Group PLC has a one year low of $10.66 and a one year high of $16.60.

Vodafone Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, June 5th will be given a dividend of $0.2766 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a yield of 376.0%.

Vodafone Group News Roundup

Here are the key news stories impacting Vodafone Group this week:

• Positive Sentiment: e& agreed to sell its 16.2% Vodafone stake to Niel’s Vega for $5.95 billion, a large transaction that has boosted investor optimism around Vodafone’s ownership structure and valuation. Niel family’s Vega to acquire 16.2% Vodafone stake from e& for $5.95bn
• Positive Sentiment: Vodafone shares extended gains as the stake-sale news sparked market optimism, with traders betting the move could support a rerating of the stock. Vodafone Shares Extend Gains After Niel Investment Sparks Market Optimism (VOD)
• Positive Sentiment: Unusual options activity showed heavy call buying in Vodafone, indicating that some investors are positioning for further upside in the shares.
• Neutral Sentiment: Vodafone also highlighted its BESTT route to a greener radio access network, a longer-term operational and sustainability effort that is unlikely to move the stock immediately. Vodafone takes the BESTT route to a green RAN
• Neutral Sentiment: Broader market commentary noted the FTSE 100 was little changed despite geopolitical concerns; this provides context but is not a Vodafone-specific driver. FTSE 100 dodges Iran shock as oil giants ignite a fresh rally
• Negative Sentiment: No major negative company-specific catalyst was highlighted in the latest articles; the main risk is that excitement around the stake sale could fade if investors wait for more fundamental improvements.

Vodafone Group Company Profile

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.