First Trust Direct Indexing L.P. Cuts Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

First Trust Direct Indexing L.P. cut its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 20.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 29,177 shares of the cell phone carrier’s stock after selling 7,577 shares during the period. First Trust Direct Indexing L.P.’s holdings in Vodafone Group Public were worth $254,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VOD. NBC Securities Inc. acquired a new position in shares of Vodafone Group Public during the 3rd quarter worth approximately $40,000. Anchor Investment Management LLC acquired a new position in Vodafone Group Public during the fourth quarter worth $44,000. WFA Asset Management Corp grew its position in shares of Vodafone Group Public by 146.7% in the fourth quarter. WFA Asset Management Corp now owns 5,466 shares of the cell phone carrier’s stock valued at $48,000 after purchasing an additional 3,250 shares during the period. Global Retirement Partners LLC increased its stake in shares of Vodafone Group Public by 47.6% during the fourth quarter. Global Retirement Partners LLC now owns 7,472 shares of the cell phone carrier’s stock worth $64,000 after purchasing an additional 2,411 shares in the last quarter. Finally, Barclays PLC raised its position in shares of Vodafone Group Public by 402.2% during the 3rd quarter. Barclays PLC now owns 7,106 shares of the cell phone carrier’s stock worth $66,000 after purchasing an additional 5,691 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

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

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD opened at $8.49 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.86 and a current ratio of 0.89. The business has a fifty day moving average of $8.67 and a two-hundred day moving average of $8.78. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $12.01.

Vodafone Group Public 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.