M&T Bank Corp Sells 4,883 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

M&T Bank Corp trimmed its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 21.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,355 shares of the cell phone carrier’s stock after selling 4,883 shares during the period. M&T Bank Corp’s holdings in Vodafone Group Public were worth $156,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its holdings in Vodafone Group Public by 63.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after acquiring an additional 1,899 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Vodafone Group Public by 912.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock valued at $61,000 after acquiring an additional 6,500 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its holdings in Vodafone Group Public by 627.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock valued at $97,000 after acquiring an additional 8,324 shares during the period. Kestra Investment Management LLC bought a new stake in Vodafone Group Public during the fourth quarter valued at about $90,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in Vodafone Group Public during the third quarter valued at about $127,000. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $9.55 on Friday. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month 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. The firm has a market capitalization of $22.61 billion, a PE ratio of 8.38, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The firm has a 50-day moving average price of $8.60 and a 200 day moving average price of $9.06.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday. Finally, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.