Ethic Inc. Sells 47,445 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Ethic Inc. reduced its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 27.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 128,028 shares of the cell phone carrier’s stock after selling 47,445 shares during the quarter. Ethic Inc.’s holdings in Vodafone Group Public were worth $1,087,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Franklin Resources Inc. increased its holdings in Vodafone Group Public by 3.7% in the 3rd quarter. Franklin Resources Inc. now owns 61,125 shares of the cell phone carrier’s stock worth $592,000 after buying an additional 2,186 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Vodafone Group Public by 7.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 41,113 shares of the cell phone carrier’s stock worth $349,000 after acquiring an additional 2,718 shares during the period. FNY Investment Advisers LLC lifted its position in Vodafone Group Public by 62,900.0% during the fourth quarter. FNY Investment Advisers LLC now owns 63,000 shares of the cell phone carrier’s stock valued at $534,000 after purchasing an additional 62,900 shares during the period. 180 Wealth Advisors LLC grew its position in Vodafone Group Public by 6.4% in the 4th quarter. 180 Wealth Advisors LLC now owns 42,777 shares of the cell phone carrier’s stock worth $363,000 after purchasing an additional 2,590 shares during the period. Finally, Accurate Wealth Management LLC lifted its holdings in shares of Vodafone Group Public by 17.2% during the 4th quarter. Accurate Wealth Management LLC now owns 76,485 shares of the cell phone carrier’s stock valued at $616,000 after buying an additional 11,235 shares during the period. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Down 0.1%

Shares of Vodafone Group Public stock opened at $9.06 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The company has a fifty day moving average of $9.26 and a 200 day moving average of $8.88. The company has a market capitalization of $22.62 billion, a P/E ratio of 7.95, a P/E/G ratio of 0.66 and a beta of 0.61. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39.

Wall Street Analysts Forecast Growth

VOD has been the topic of a number of recent research reports. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Vodafone Group Public in a report on Wednesday, April 23rd. Bank of America lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, March 24th. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Finally, StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Saturday, April 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Vodafone Group Public has an average rating of “Hold”.

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.