Raymond James Financial Services Advisors Inc. Cuts Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Raymond James Financial Services Advisors Inc. cut its position in Vodafone Group Public Limited (NASDAQ:VOD) by 38.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,176 shares of the cell phone carrier’s stock after selling 54,929 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Vodafone Group Public were worth $758,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VOD. Arrowstreet Capital Limited Partnership boosted its position in shares of Vodafone Group Public by 141.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,012,386 shares of the cell phone carrier’s stock valued at $66,686,000 after purchasing an additional 2,350,386 shares during the period. Morgan Stanley lifted its position in Vodafone Group Public by 17.5% during the 3rd quarter. Morgan Stanley now owns 12,202,596 shares of the cell phone carrier’s stock worth $115,681,000 after acquiring an additional 1,816,211 shares during the period. Envestnet Asset Management Inc. lifted its position in Vodafone Group Public by 73.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,039,166 shares of the cell phone carrier’s stock worth $38,291,000 after acquiring an additional 1,704,002 shares during the period. Renaissance Technologies LLC lifted its position in Vodafone Group Public by 5.7% during the 1st quarter. Renaissance Technologies LLC now owns 27,537,932 shares of the cell phone carrier’s stock worth $457,680,000 after acquiring an additional 1,487,100 shares during the period. Finally, Grantham Mayo Van Otterloo & Co. LLC lifted its position in Vodafone Group Public by 31.9% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,880,463 shares of the cell phone carrier’s stock worth $46,267,000 after acquiring an additional 1,180,113 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Price Performance

VOD opened at $8.19 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.89 and a quick ratio of 0.86. The business has a 50 day simple moving average of $8.63 and a 200-day simple moving average of $8.88. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $12.07.

Analysts Set New Price Targets

Separately, StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Monday, February 12th.

Vodafone Group Public Company 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.