Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV lowered its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 9.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 267,695 shares of the cell phone carrier’s stock after selling 27,800 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Vodafone Group Public were worth $2,374,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vicus Capital boosted its position in shares of Vodafone Group Public by 10.0% during the second quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock worth $112,000 after buying an additional 1,144 shares during the period. Cohen Investment Advisors LLC grew its stake in shares of Vodafone Group Public by 4.4% in the second quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after purchasing an additional 1,148 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its holdings in shares of Vodafone Group Public by 10.6% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 13,356 shares of the cell phone carrier’s stock valued at $116,000 after purchasing an additional 1,277 shares during the period. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Vodafone Group Public by 14.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 10,723 shares of the cell phone carrier’s stock valued at $95,000 after purchasing an additional 1,352 shares in the last quarter. Finally, Pacific Center for Financial Services lifted its holdings in Vodafone Group Public by 17.4% in the first quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock worth $82,000 after purchasing an additional 1,361 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VOD has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a research note on Thursday, June 20th. They set a “buy” rating for the company. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. Finally, UBS Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $14.45.

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD opened at $10.11 on Tuesday. The company has a market capitalization of $27.24 billion, a PE ratio of 9.19, a price-to-earnings-growth ratio of 1.02 and a beta of 0.77. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. The stock has a fifty day moving average of $9.60 and a 200-day moving average of $9.15. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $10.39.

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.