LGT Group Foundation Sells 79,075 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

LGT Group Foundation lowered its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 83.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 15,750 shares of the cell phone carrier’s stock after selling 79,075 shares during the period. LGT Group Foundation’s holdings in Vodafone Group Public were worth $134,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Stifel Financial Corp boosted its holdings in Vodafone Group Public by 34.9% in the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after acquiring an additional 201,360 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Vodafone Group Public by 1,119.6% during the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after buying an additional 864,924 shares during the last quarter. Lester Murray Antman dba SimplyRich acquired a new position in shares of Vodafone Group Public during the 4th quarter worth about $295,000. Goldentree Asset Management LP increased its stake in shares of Vodafone Group Public by 1.9% in the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after acquiring an additional 60,943 shares during the last quarter. Finally, Allworth Financial LP increased its stake in Vodafone Group Public by 9.0% in the fourth quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier’s stock valued at $227,000 after purchasing an additional 2,246 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. StockNews.com cut shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Down 0.2 %

Shares of VOD stock opened at $8.88 on Wednesday. The firm’s fifty day moving average price is $8.46 and its two-hundred day moving average price is $9.08. Vodafone Group Public Limited has a 1 year low of $8.00 and a 1 year high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $22.55 billion, a P/E ratio of 7.79, a PEG ratio of 0.66 and a beta of 0.78.

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.