Amundi Decreases Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Amundi decreased its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 81.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,863 shares of the cell phone carrier’s stock after selling 26,117 shares during the period. Amundi’s holdings in Vodafone Group Public were worth $48,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VOD. Natixis Advisors LLC lifted its position in shares of Vodafone Group Public by 46.0% during the 3rd quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier’s stock valued at $1,521,000 after buying an additional 47,788 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Vodafone Group Public by 46.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,639 shares of the cell phone carrier’s stock valued at $1,580,000 after buying an additional 50,000 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Vodafone Group Public by 9.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 111,808 shares of the cell phone carrier’s stock valued at $1,120,000 after buying an additional 9,714 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Vodafone Group Public by 25.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 157,023 shares of the cell phone carrier’s stock valued at $1,573,000 after purchasing an additional 31,827 shares during the last quarter. Finally, Citigroup Inc. raised its stake in Vodafone Group Public by 1.3% in the 3rd quarter. Citigroup Inc. now owns 1,658,345 shares of the cell phone carrier’s stock valued at $16,617,000 after purchasing an additional 21,567 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VOD. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Finally, StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 14th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Up 0.3 %

Shares of VOD opened at $9.73 on Friday. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The company has a market capitalization of $23.03 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The stock has a fifty day simple moving average of $8.75 and a two-hundred day simple moving average of $9.06. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio 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.