Cerity Partners LLC Trims Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Cerity Partners LLC lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 56.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,704 shares of the cell phone carrier’s stock after selling 52,892 shares during the period. Cerity Partners LLC’s holdings in Vodafone Group Public were worth $346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its holdings 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 worth $41,000 after buying an additional 1,899 shares during the last quarter. Parkside Financial Bank & Trust raised its position in Vodafone Group Public by 912.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after buying an additional 6,500 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of Vodafone Group Public by 84.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier’s stock worth $87,000 after acquiring an additional 4,846 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Vodafone Group Public during the fourth quarter worth about $90,000. Finally, Strategic Family Wealth Counselors L.L.C. purchased a new position in Vodafone Group Public during the fourth quarter worth about $92,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 2.9 %

Shares of NASDAQ:VOD opened at $9.30 on Thursday. The company has a 50 day moving average of $9.03 and a two-hundred day moving average of $8.90. 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 company has a market capitalization of $22.02 billion, a price-to-earnings ratio of 8.16, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Bank of America downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Vodafone Group Public in a report on Wednesday. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, April 18th. Finally, DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

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.