Bank of New York Mellon Corp Sells 25,527 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Bank of New York Mellon Corp lessened its position in Vodafone Group Public Limited (NASDAQ:VOD) by 25.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 76,644 shares of the cell phone carrier’s stock after selling 25,527 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vodafone Group Public were worth $651,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of VOD. DRW Securities LLC boosted its holdings in Vodafone Group Public by 2.2% in the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier’s stock worth $664,000 after acquiring an additional 1,399 shares in the last quarter. Pitcairn Co. grew its stake in shares of Vodafone Group Public by 10.4% during the 3rd quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock valued at $155,000 after purchasing an additional 1,458 shares during the period. Cohen Investment Advisors LLC grew its position in Vodafone Group Public by 5.1% during the fourth quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier’s stock valued at $301,000 after buying an additional 1,728 shares during the period. SOL Capital Management CO increased its stake in shares of Vodafone Group Public by 14.1% in the 4th quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier’s stock worth $138,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in Vodafone Group Public by 18.9% in the third quarter. Orion Portfolio Solutions LLC now owns 13,336 shares of the cell phone carrier’s stock worth $134,000 after buying an additional 2,123 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

VOD has been the topic of several recent analyst reports. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Bank of America cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday. StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday. Finally, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Trading Up 0.1 %

Shares of VOD opened at $9.36 on Thursday. The firm has a market capitalization of $22.16 billion, a price-to-earnings ratio of 8.21, a PEG ratio of 0.66 and a beta of 0.75. The company has a 50-day moving average of $8.81 and a 200 day moving average of $9.05. Vodafone Group Public Limited has a 1-year low of $8.00 and a 1-year high of $10.39. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

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.