Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 35.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 604,180 shares of the cell phone carrier's stock after selling 337,999 shares during the period. Oppenheimer & Co. Inc.'s holdings in Vodafone Group Public were worth $5,129,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Kestra Investment Management LLC acquired a new position in Vodafone Group Public during the 4th quarter worth approximately $90,000. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Vodafone Group Public by 627.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier's stock worth $97,000 after acquiring an additional 8,324 shares in the last quarter. Entropy Technologies LP purchased a new position in shares of Vodafone Group Public in the 4th quarter valued at about $110,000. Ingalls & Snyder LLC acquired a new position in Vodafone Group Public in the fourth quarter valued at approximately $121,000. Finally, New Century Financial Group LLC increased its stake in Vodafone Group Public by 21.8% in the fourth quarter. New Century Financial Group LLC now owns 14,651 shares of the cell phone carrier's stock valued at $124,000 after purchasing an additional 2,621 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Stock Performance

Shares of NASDAQ VOD traded down $0.01 during mid-day trading on Tuesday, hitting $8.90. 8,518,104 shares of the company were exchanged, compared to its average volume of 6,321,952. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The firm has a market cap of $22.59 billion, a price-to-earnings ratio of 7.80, a price-to-earnings-growth ratio of 0.66 and a beta of 0.78. The stock has a 50 day simple moving average of $8.46 and a 200-day simple moving average of $9.08. Vodafone Group Public Limited has a 1-year low of $8.00 and a 1-year high of $10.39.

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Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VOD shares. The Goldman Sachs Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, December 9th. StockNews.com cut Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average 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.