Leo Wealth LLC Sells 53,008 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Leo Wealth LLC reduced its position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 36.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,678 shares of the cell phone carrier's stock after selling 53,008 shares during the quarter. Leo Wealth LLC's holdings in Vodafone Group Public were worth $770,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mediolanum International Funds Ltd acquired a new stake in shares of Vodafone Group Public during the 3rd quarter valued at about $82,716,000. Bank of Montreal Can grew its position in Vodafone Group Public by 12.4% in the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier's stock worth $43,161,000 after acquiring an additional 472,537 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vodafone Group Public by 177.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier's stock valued at $33,632,000 after purchasing an additional 2,145,085 shares in the last quarter. Goldentree Asset Management LP boosted 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 purchasing an additional 60,943 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Vodafone Group Public by 12.4% in the third quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier's stock worth $18,391,000 after buying an additional 202,339 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company's stock.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy".

Vodafone Group Public Stock Performance

VOD stock traded down $0.07 during mid-day trading on Tuesday, reaching $8.50. 12,392,298 shares of the stock traded hands, compared to its average volume of 9,058,322. The business has a 50-day moving average of $8.51 and a two-hundred day moving average of $9.17. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

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.