Wealth Enhancement Advisory Services LLC Sells 33,784 Shares of Vodafone Group PLC $VOD

Wealth Enhancement Advisory Services LLC lessened its stake in shares of Vodafone Group PLC (NASDAQ:VODFree Report) by 51.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,848 shares of the cell phone carrier’s stock after selling 33,784 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Vodafone Group were worth $359,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VOD. AQR Capital Management LLC boosted its holdings in Vodafone Group by 21.4% in the first quarter. AQR Capital Management LLC now owns 66,351 shares of the cell phone carrier’s stock worth $622,000 after acquiring an additional 11,703 shares in the last quarter. Empowered Funds LLC raised its position in shares of Vodafone Group by 1.9% during the first quarter. Empowered Funds LLC now owns 296,581 shares of the cell phone carrier’s stock worth $2,779,000 after purchasing an additional 5,592 shares during the period. Focus Partners Wealth lifted its holdings in shares of Vodafone Group by 19.7% in the 1st quarter. Focus Partners Wealth now owns 20,830 shares of the cell phone carrier’s stock worth $195,000 after purchasing an additional 3,435 shares in the last quarter. Callan Family Office LLC acquired a new stake in Vodafone Group in the 2nd quarter valued at $512,000. Finally, Vanguard Personalized Indexing Management LLC increased its stake in Vodafone Group by 8.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 158,453 shares of the cell phone carrier’s stock valued at $1,689,000 after purchasing an additional 12,038 shares in the last quarter. 7.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. UBS Group reaffirmed a “sell” rating on shares of Vodafone Group in a research report on Monday, November 3rd. Wall Street Zen lowered Vodafone Group from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. BNP Paribas Exane raised Vodafone Group to a “strong sell” rating in a research note on Tuesday, October 21st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Vodafone Group in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and five 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 an average price target of $72.00.

Check Out Our Latest Research Report on VOD

Vodafone Group News Summary

Here are the key news stories impacting Vodafone Group this week:

Vodafone Group Stock Performance

Shares of NASDAQ VOD opened at $15.11 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.13 and a current ratio of 1.17. The stock’s 50 day moving average price is $13.44 and its 200-day moving average price is $12.29. Vodafone Group PLC has a twelve month low of $8.05 and a twelve month high of $15.90.

Vodafone Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, November 24th were paid a $0.2567 dividend. This represents a yield of 434.0%. The ex-dividend date was Monday, November 24th.

Vodafone Group Company Profile

(Free Report)

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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