National Bank of Canada FI Reduces Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

National Bank of Canada FI trimmed its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 99.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,186 shares of the cell phone carrier's stock after selling 1,273,820 shares during the period. National Bank of Canada FI's holdings in Vodafone Group Public were worth $64,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VOD. GAMMA Investing LLC lifted its stake in shares of Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier's stock valued at $35,000 after purchasing an additional 2,102 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Vodafone Group Public in the 1st quarter valued at $46,000. Hexagon Capital Partners LLC lifted its stake in shares of Vodafone Group Public by 230.9% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier's stock valued at $48,000 after purchasing an additional 3,775 shares during the period. Rothschild Investment LLC acquired a new position in shares of Vodafone Group Public in the 2nd quarter valued at $49,000. Finally, Pingora Partners LLC acquired a new position in shares of Vodafone Group Public in the 4th quarter valued at $57,000. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Trading Up 1.4 %

Shares of Vodafone Group Public stock traded up $0.14 during trading hours on Friday, reaching $10.17. 4,756,774 shares of the company's stock were exchanged, compared to its average volume of 5,104,087. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year high of $10.29. The business has a fifty day moving average of $9.48 and a two-hundred day moving average of $9.10. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on VOD shares. New Street Research raised shares of Vodafone Group Public to a "strong-buy" rating in a report on Monday, July 8th. UBS Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, August 5th. StockNews.com raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Vodafone Group Public in a report on Thursday, June 20th. They issued a "buy" rating for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $14.45.

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.