Wilmington Savings Fund Society FSB Decreases Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Wilmington Savings Fund Society FSB reduced its position in Vodafone Group Public Limited (NASDAQ:VOD) by 30.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,789 shares of the cell phone carrier’s stock after selling 4,369 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Vodafone Group Public were worth $83,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VOD. Mediolanum International Funds Ltd acquired a new stake in shares of Vodafone Group Public in the 3rd quarter valued at about $82,716,000. JPMorgan Chase & Co. increased its stake in shares of Vodafone Group Public by 177.1% in the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after purchasing an additional 2,145,085 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Vodafone Group Public by 1,119.6% in the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after acquiring an additional 864,924 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of Vodafone Group Public by 12.4% in the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock valued at $43,161,000 after acquiring an additional 472,537 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of Vodafone Group Public by 12.4% in the third quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier’s stock valued at $18,391,000 after acquiring an additional 202,339 shares in the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Vodafone Group Public stock opened at $8.43 on Friday. The company has a 50 day moving average price of $8.50 and a 200 day moving average price of $9.16. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

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.