LGT Group Foundation Sells 79,075 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

LGT Group Foundation trimmed its holdings in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 83.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,750 shares of the cell phone carrier's stock after selling 79,075 shares during the quarter. LGT Group Foundation's holdings in Vodafone Group Public were worth $134,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in Vodafone Group Public during the 4th quarter valued at about $474,000. Jones Financial Companies Lllp lifted its position in Vodafone Group Public by 22.0% in the fourth quarter. Jones Financial Companies Lllp now owns 32,222 shares of the cell phone carrier's stock valued at $274,000 after purchasing an additional 5,819 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock worth $41,000 after purchasing an additional 1,899 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Vodafone Group Public in the fourth quarter worth $123,000. Finally, Parkside Financial Bank & Trust raised its holdings in Vodafone Group Public by 912.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier's stock valued at $61,000 after buying an additional 6,500 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company's stock.

Vodafone Group Public Trading Up 4.6 %

NASDAQ VOD traded up $0.41 during trading on Friday, hitting $9.42. The company had a trading volume of 13,784,614 shares, compared to its average volume of 6,347,232. The company's fifty day moving average is $8.51 and its 200-day moving average is $9.08. The company has a market cap of $23.92 billion, a price-to-earnings ratio of 8.26, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. 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 one year low of $8.00 and a one year high of $10.39.

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Analysts Set New Price Targets

VOD has been the topic of a number of analyst reports. DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday. StockNews.com upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Wednesday. Finally, The Goldman Sachs Group cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Vodafone Group Public has a consensus rating of "Moderate Buy".

About Vodafone Group Public

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.