Natixis Advisors LLC Sells 73,729 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Natixis Advisors LLC cut its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 48.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,042 shares of the cell phone carrier's stock after selling 73,729 shares during the quarter. Natixis Advisors LLC's holdings in Vodafone Group Public were worth $663,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Stifel Financial Corp raised its stake in Vodafone Group Public by 34.9% during the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier's stock valued at $7,796,000 after purchasing an additional 201,360 shares during the period. Lester Murray Antman dba SimplyRich acquired a new position in Vodafone Group Public during the fourth quarter valued at $295,000. Goldentree Asset Management LP increased its holdings in Vodafone Group Public by 1.9% in the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier's stock worth $32,898,000 after buying an additional 60,943 shares during the last quarter. Atria Investments Inc raised its position in Vodafone Group Public by 8.7% during the fourth quarter. Atria Investments Inc now owns 842,286 shares of the cell phone carrier's stock valued at $7,151,000 after acquiring an additional 67,086 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in Vodafone Group Public by 9.0% in the fourth quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier's stock valued at $227,000 after acquiring an additional 2,246 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th. The Goldman Sachs Group cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, December 9th. StockNews.com downgraded Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. Finally, DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Four 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 company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Vodafone Group Public Stock Performance

VOD traded up $0.09 during trading on Friday, hitting $9.45. The stock had a trading volume of 12,864,785 shares, compared to its average volume of 6,623,668. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The company has a 50 day simple moving average of $8.85 and a 200-day simple moving average of $9.03. The firm has a market cap of $22.37 billion, a PE ratio of 8.29, a P/E/G ratio of 0.66 and a beta of 0.75.

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.