Vodafone Group plc ADR (NASDAQ:VOD) Investors To Reap Big Returns Again

Vodafone Group plc ADR (NASDAQ:VOD) has a beta value of 0.71 and has seen 12.72 million shares traded in the last trading session. The company, currently valued at $23.32B, closed the last trade at $8.61 per share which meant it lost -$0.21 on the day or -2.38% during that session. The VOD stock price is -40.19% off its 52-week high price of $12.07 and 6.85% above the 52-week low of $8.02. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.37 million shares traded. The 3-month trading volume is 8.57 million shares.

Vodafone Group plc ADR (NASDAQ:VOD) trade information

Sporting -2.38% in the red in last session, the stock has traded in the red over the last five days, when the VOD stock price touched $8.61 or saw a rise of 6.72%. Year-to-date, Vodafone Group plc ADR shares have moved -1.03%, while the 5-day performance has seen it change -5.07%. Over the past 30 days, the shares of Vodafone Group plc ADR (NASDAQ:VOD) have changed 1.29%. Short interest in the company has seen 13.23 million shares shorted with days to cover at 1.54.

Vodafone Group plc ADR (VOD) estimates and forecasts

Figures show that Vodafone Group plc ADR shares have underperformed across the wider relevant industry. The company’s shares have lost -13.47% over the past 6 months, with this year growth rate of -40.44%, compared to 6.20% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 35.92% over the past 5 years. Earnings growth for 2024 is a modest -42.12% while over the next 5 years, the company’s earnings are expected to increase by 20.90%.

VOD Dividends

Vodafone Group plc ADR is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.99 at a share yield of 11.45%. The company’s dividend yield has gone up over the past 12 months.

Vodafone Group plc ADR (NASDAQ:VOD)’s Major holders

Insiders own 0.00% of the company shares, while shares held by institutions stand at 8.54% with a share float percentage of 8.54%. Investors are also buoyed by the number of investors in a company, with Vodafone Group plc ADR having a total of 590 institutions that hold shares in the company. The top two institutional holders are ACR Alpine Capital Research, LLC with over 18.64 million shares worth more than $176.12 million. As of Jun 29, 2023, ACR Alpine Capital Research, LLC held 0.69% of shares outstanding.

The other major institutional holder is Price (T.Rowe) Associates Inc, with the holding of over 18.41 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $173.98 million and represent 0.68% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) Overseas Stock Fund and Vanguard/Windsor II. As of Jul 30, 2023, the former fund manager holds about 0.35% shares in the company for having 9.38 million shares of worth $90.24 million while later fund manager owns 9.07 million shares of worth $87.27 million as of Jul 30, 2023, which makes it owner of about 0.34% of company’s outstanding stock.