Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 35.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 604,180 shares of the cell phone carrier’s stock after selling 337,999 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vodafone Group Public were worth $5,129,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. lifted its position in Vodafone Group Public by 1.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,054,261 shares of the cell phone carrier’s stock worth $42,911,000 after acquiring an additional 91,010 shares during the period. Callan Capital LLC lifted its position in Vodafone Group Public by 23.5% during the 4th quarter. Callan Capital LLC now owns 63,799 shares of the cell phone carrier’s stock worth $542,000 after acquiring an additional 12,137 shares during the period. Legacy Capital Group California Inc. acquired a new stake in Vodafone Group Public during the 4th quarter worth approximately $271,000. Waterfront Wealth Inc. lifted its position in Vodafone Group Public by 16.1% during the 4th quarter. Waterfront Wealth Inc. now owns 242,390 shares of the cell phone carrier’s stock worth $2,058,000 after acquiring an additional 33,556 shares during the period. Finally, Private Advisor Group LLC lifted its position in Vodafone Group Public by 5.3% during the 4th quarter. Private Advisor Group LLC now owns 70,023 shares of the cell phone carrier’s stock worth $594,000 after acquiring an additional 3,531 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VOD has been the subject of a number of recent research reports. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public presently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $8.81 on Friday. The company has a market cap of $22.37 billion, a price-to-earnings ratio of 7.73, a price-to-earnings-growth ratio of 0.66 and a beta of 0.78. The stock has a 50 day simple moving average of $8.45 and a 200-day simple moving average of $9.10. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Company 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.