Vodafone Group Public Limited (NASDAQ:VOD) Holdings Cut by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB decreased its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 30.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,789 shares of the cell phone carrier’s stock after selling 4,369 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Vodafone Group Public were worth $83,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stifel Financial Corp raised its holdings in Vodafone Group Public by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock worth $7,796,000 after acquiring an additional 201,360 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Vodafone Group Public by 1,119.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after acquiring an additional 864,924 shares during the period. International Assets Investment Management LLC bought a new position in Vodafone Group Public in the 3rd quarter worth $7,482,000. Goldentree Asset Management LP raised its holdings in Vodafone Group Public by 1.9% in the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock worth $32,898,000 after acquiring an additional 60,943 shares during the period. Finally, FNY Investment Advisers LLC raised its holdings in Vodafone Group Public by 62,900.0% in the 4th quarter. FNY Investment Advisers LLC now owns 63,000 shares of the cell phone carrier’s stock worth $534,000 after acquiring an additional 62,900 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 1.9 %

NASDAQ VOD opened at $8.43 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The company’s fifty day moving average is $8.50 and its two-hundred day moving average is $9.16. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average 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.