Euro Pacific Asset Management LLC Sells 1,400 Shares of Vodafone Group PLC $VOD

Euro Pacific Asset Management LLC reduced its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 9.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 13,891 shares of the cell phone carrier’s stock after selling 1,400 shares during the period. Euro Pacific Asset Management LLC’s holdings in Vodafone Group were worth $150,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in shares of Vodafone Group during the 2nd quarter worth approximately $25,000. Atwood & Palmer Inc. purchased a new position in Vodafone Group during the 2nd quarter valued at about $27,000. Hazlett Burt & Watson Inc. increased its stake in Vodafone Group by 65.5% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 1,250 shares during the last quarter. Wayfinding Financial LLC bought a new position in shares of Vodafone Group during the 1st quarter valued at about $31,000. Finally, NBC Securities Inc. grew its holdings in shares of Vodafone Group by 116,833.3% in the first quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier’s stock worth $32,000 after purchasing an additional 3,505 shares during the last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Trading Down 0.5%

NASDAQ:VOD opened at $11.36 on Monday. Vodafone Group PLC has a 12 month low of $8.00 and a 12 month high of $12.06. The firm has a fifty day simple moving average of $11.56 and a 200-day simple moving average of $10.49. The company has a current ratio of 1.26, a quick ratio of 1.23 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $27.39 billion, a P/E ratio of 9.96, a PEG ratio of 0.54 and a beta of 0.62.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VOD. Zacks Research raised shares of Vodafone Group to a “hold” rating in a research note on Tuesday, August 12th. The Goldman Sachs Group lowered Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 price objective for the company. in a research note on Thursday, July 31st. Berenberg Bank raised shares of Vodafone Group to a “hold” rating in a research note on Thursday, June 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of Vodafone Group in a research note on Saturday, September 27th. Finally, Morgan Stanley began coverage on shares of Vodafone Group in a research note on Wednesday, July 2nd. They issued an “equal weight” rating on the stock. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Vodafone Group has an average rating of “Reduce” and an average price target of $136.00.

About Vodafone Group

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.