Keating Investment Counselors Inc. Sells 312,777 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Keating Investment Counselors Inc. lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 31.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 690,354 shares of the cell phone carrier's stock after selling 312,777 shares during the quarter. Vodafone Group Public accounts for 2.1% of Keating Investment Counselors Inc.'s investment portfolio, making the stock its 12th largest position. Keating Investment Counselors Inc.'s holdings in Vodafone Group Public were worth $6,006,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. increased its holdings in Vodafone Group Public by 6.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 176,142 shares of the cell phone carrier's stock worth $1,670,000 after acquiring an additional 10,104 shares during the last quarter. Advisor Partners II LLC boosted its stake in Vodafone Group Public by 82.2% in the 3rd quarter. Advisor Partners II LLC now owns 32,807 shares of the cell phone carrier's stock worth $311,000 after purchasing an additional 14,798 shares during the period. Park Avenue Securities LLC bought a new position in Vodafone Group Public in the 3rd quarter worth about $174,000. First Trust Direct Indexing L.P. boosted its stake in Vodafone Group Public by 28.6% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 36,754 shares of the cell phone carrier's stock worth $348,000 after purchasing an additional 8,179 shares during the period. Finally, Perigon Wealth Management LLC boosted its stake in Vodafone Group Public by 3.4% in the 3rd quarter. Perigon Wealth Management LLC now owns 38,625 shares of the cell phone carrier's stock worth $366,000 after purchasing an additional 1,266 shares during the period. Institutional investors own 7.84% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Vodafone Group Public from a "buy" rating to a "hold" rating in a research report on Monday, February 12th.

Vodafone Group Public Price Performance

NASDAQ:VOD traded up $0.07 during mid-day trading on Monday, reaching $8.77. The stock had a trading volume of 5,736,851 shares, compared to its average volume of 7,637,293. The firm has a 50 day moving average price of $8.65 and a two-hundred day moving average price of $8.77. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $11.23. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.86 and a current ratio of 0.89.

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.

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