Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 199,373 shares of the cell phone carrier’s stock after selling 1,546 shares during the period. Russell Investments Group Ltd.’s holdings in Vodafone Group Public were worth $1,693,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VOD. Smartleaf Asset Management LLC increased its position in shares of Vodafone Group Public by 63.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after acquiring an additional 1,899 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock valued at $61,000 after purchasing an additional 6,500 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in Vodafone Group Public in the fourth quarter valued at approximately $90,000. CIBC Private Wealth Group LLC lifted its stake in Vodafone Group Public by 84.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier’s stock worth $87,000 after purchasing an additional 4,846 shares in the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. acquired a new stake in shares of Vodafone Group Public in the fourth quarter valued at $92,000. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday. Finally, Bank of America lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Vodafone Group Public currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD opened at $9.31 on Friday. The company has a market capitalization of $22.05 billion, a price-to-earnings ratio of 8.17, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average price of $8.98 and a 200 day moving average price of $8.90.

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.