Keating Investment Counselors Inc. Decreases Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Keating Investment Counselors Inc. cut its stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 762,714 shares of the cell phone carrier's stock after selling 40,210 shares during the quarter. Vodafone Group Public accounts for about 2.0% of Keating Investment Counselors Inc.'s portfolio, making the stock its 9th biggest position. Keating Investment Counselors Inc.'s holdings in Vodafone Group Public were worth $6,475,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP lifted its holdings in Vodafone Group Public by 9.0% during the fourth quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier's stock worth $227,000 after acquiring an additional 2,246 shares during the period. ABC Arbitrage SA bought a new stake in Vodafone Group Public during the fourth quarter worth $22,646,000. Ingalls & Snyder LLC bought a new stake in Vodafone Group Public during the fourth quarter worth $121,000. Allspring Global Investments Holdings LLC lifted its holdings in Vodafone Group Public by 20.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,767 shares of the cell phone carrier's stock worth $134,000 after acquiring an additional 2,633 shares during the period. Finally, Lester Murray Antman dba SimplyRich bought a new stake in Vodafone Group Public during the fourth quarter worth $295,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Shares of VOD traded up $0.10 during mid-day trading on Friday, hitting $8.36. The stock had a trading volume of 11,247,827 shares, compared to its average volume of 8,936,897. The business has a fifty day moving average price of $8.42 and a 200-day moving average price of $9.11. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39.

Analyst Upgrades and Downgrades

A number of analysts recently commented on VOD shares. The Goldman Sachs Group lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. StockNews.com lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Vodafone Group Public 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.