Atria Wealth Solutions Inc. Sells 10,951 Shares of Vodafone Group PLC $VOD

Atria Wealth Solutions Inc. decreased its position in shares of Vodafone Group PLC (NASDAQ:VOD) by 39.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,612 shares of the cell phone carrier’s stock after selling 10,951 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Vodafone Group were worth $181,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. ACR Alpine Capital Research LLC boosted its stake in Vodafone Group by 16.8% during the 1st quarter. ACR Alpine Capital Research LLC now owns 25,696,928 shares of the cell phone carrier’s stock worth $240,780,000 after acquiring an additional 3,690,617 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Vodafone Group by 1.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,499,770 shares of the cell phone carrier’s stock worth $51,533,000 after acquiring an additional 69,986 shares during the last quarter. Royal Bank of Canada boosted its stake in Vodafone Group by 5.4% during the 1st quarter. Royal Bank of Canada now owns 3,117,008 shares of the cell phone carrier’s stock worth $29,207,000 after acquiring an additional 159,985 shares during the last quarter. Northern Trust Corp boosted its stake in Vodafone Group by 22.9% during the 1st quarter. Northern Trust Corp now owns 2,194,203 shares of the cell phone carrier’s stock worth $20,560,000 after acquiring an additional 409,376 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Vodafone Group by 26.4% during the 1st quarter. American Century Companies Inc. now owns 1,661,165 shares of the cell phone carrier’s stock worth $15,565,000 after acquiring an additional 346,458 shares during the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Stock Performance

Shares of VOD stock opened at $11.66 on Friday. The company’s fifty day simple moving average is $11.61 and its 200-day simple moving average is $10.69. The company has a quick ratio of 1.23, a current ratio of 1.26 and a debt-to-equity ratio of 0.85. The firm has a market cap of $27.97 billion, a PE ratio of 10.23, a P/E/G ratio of 0.27 and a beta of 0.62. Vodafone Group PLC has a 12 month low of $8.00 and a 12 month high of $12.06.

Analysts Set New Price Targets

VOD has been the topic of a number of research reports. BNP Paribas Exane initiated coverage on shares of Vodafone Group in a research note on Tuesday. They issued an “underperform” rating and a $8.00 price target on the stock. Zacks Research raised shares of Vodafone Group to a “hold” rating in a research note on Tuesday, August 12th. Berenberg Bank raised shares of Vodafone Group to a “hold” rating in a research note on Thursday, June 26th. Morgan Stanley initiated coverage on shares of Vodafone Group in a research note on Wednesday, July 2nd. They issued an “equal weight” rating on the stock. Finally, The Goldman Sachs Group lowered shares of Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 price target on the stock. in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $72.00.

Vodafone Group 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.