LPL Financial LLC Sells 80,310 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

LPL Financial LLC cut its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 670,785 shares of the cell phone carrier's stock after selling 80,310 shares during the quarter. LPL Financial LLC's holdings in Vodafone Group Public were worth $5,695,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VOD. Samalin Investment Counsel LLC bought a new position in Vodafone Group Public in the fourth quarter valued at about $109,000. Sei Investments Co. raised its holdings in Vodafone Group Public by 2.7% in the 4th quarter. Sei Investments Co. now owns 162,619 shares of the cell phone carrier's stock valued at $1,381,000 after buying an additional 4,269 shares during the last quarter. American Century Companies Inc. boosted its position in Vodafone Group Public by 10.4% during the 4th quarter. American Century Companies Inc. now owns 1,314,707 shares of the cell phone carrier's stock worth $11,162,000 after buying an additional 123,551 shares during the period. Virtu Financial LLC bought a new stake in Vodafone Group Public during the 4th quarter worth approximately $2,638,000. Finally, one8zero8 LLC acquired a new position in Vodafone Group Public in the 4th quarter valued at approximately $102,000. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Trading Up 3.3 %

NASDAQ VOD traded up $0.28 during mid-day trading on Friday, reaching $8.73. 15,154,423 shares of the stock were exchanged, compared to its average volume of 6,965,405. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The stock has a market cap of $20.67 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.66 and a beta of 0.58. The stock has a 50 day simple moving average of $8.91 and a 200-day simple moving average of $8.93. Vodafone Group Public Limited has a one year low of $8.00 and a one year high of $10.39.

Analyst Ratings Changes

VOD has been the topic of several analyst reports. StockNews.com cut shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Finally, Bank of America downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, March 24th. Four investment 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, Vodafone Group Public currently has a consensus rating of "Moderate Buy".

Vodafone Group Public Company 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.