B. Riley Wealth Advisors Inc. Sells 21,024 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

B. Riley Wealth Advisors Inc. lessened its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 40.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,068 shares of the cell phone carrier’s stock after selling 21,024 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Vodafone Group Public were worth $285,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Leo Wealth LLC bought a new stake in Vodafone Group Public during the 4th quarter valued at approximately $1,159,000. Slagle Financial LLC boosted its stake in Vodafone Group Public by 76.5% during the 4th quarter. Slagle Financial LLC now owns 21,762 shares of the cell phone carrier’s stock valued at $189,000 after purchasing an additional 9,430 shares during the period. Caas Capital Management LP acquired a new position in Vodafone Group Public in the 4th quarter valued at approximately $150,000. Seven Eight Capital LP acquired a new position in Vodafone Group Public in the 4th quarter valued at approximately $437,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Vodafone Group Public in the 4th quarter valued at approximately $278,000. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 1.3 %

Shares of VOD opened at $8.80 on Thursday. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year high of $10.19. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29. The stock has a 50 day simple moving average of $9.01 and a 200-day simple moving average of $8.78.

Vodafone Group Public Cuts Dividend

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

Analysts Set New Price Targets

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

About Vodafone Group Public

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.