Citigroup Inc. reduced its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 90.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,927 shares of the cell phone carrier's stock after selling 244,895 shares during the period. Citigroup Inc.'s holdings in Vodafone Group Public were worth $246,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the business. American Century Companies Inc. boosted its holdings in Vodafone Group Public by 6.3% in the 3rd quarter. American Century Companies Inc. now owns 871,833 shares of the cell phone carrier's stock worth $8,265,000 after buying an additional 51,965 shares during the last quarter. Graham Capital Management L.P. purchased a new position in Vodafone Group Public during the third quarter worth about $543,000. Creative Planning grew its position in shares of Vodafone Group Public by 23.1% in the third quarter. Creative Planning now owns 234,627 shares of the cell phone carrier's stock valued at $2,224,000 after purchasing an additional 43,956 shares during the last quarter. Tudor Investment Corp Et Al lifted its stake in shares of Vodafone Group Public by 33.1% during the third quarter. Tudor Investment Corp Et Al now owns 40,267 shares of the cell phone carrier's stock valued at $382,000 after buying an additional 10,015 shares during the period. Finally, Advisors Capital Management LLC raised its stake in shares of Vodafone Group Public by 8.0% in the 3rd quarter. Advisors Capital Management LLC now owns 323,723 shares of the cell phone carrier's stock valued at $3,069,000 after acquiring an additional 24,019 shares during the period. Institutional investors own 7.84% of the company's stock.
Analyst Ratings Changes
A number of research firms have commented on VOD. BNP Paribas downgraded shares of Vodafone Group Public from a "neutral" rating to an "underperform" rating in a research report on Thursday, December 7th. StockNews.com downgraded shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Monday, February 12th.
Get Our Latest Stock Report on VOD
Vodafone Group Public Stock Performance
Shares of NASDAQ VOD traded up $0.07 during trading on Thursday, hitting $8.90. The company had a trading volume of 6,669,386 shares, compared to its average volume of 8,710,925. The stock has a 50 day simple moving average of $8.66 and a 200 day simple moving average of $9.01. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $12.07. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.86.
About Vodafone Group Public
(
Free Report)
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.
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