Blue Trust Inc. Decreases Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Blue Trust Inc. cut its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 58.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,661 shares of the cell phone carrier’s stock after selling 9,395 shares during the quarter. Blue Trust Inc.’s holdings in Vodafone Group Public were worth $57,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. boosted its position in Vodafone Group Public by 627.3% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after purchasing an additional 8,324 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Vodafone Group Public in the 3rd quarter worth approximately $101,000. Entropy Technologies LP purchased a new position in shares of Vodafone Group Public in the fourth quarter worth approximately $110,000. Ingalls & Snyder LLC bought a new stake in Vodafone Group Public during the fourth quarter valued at approximately $121,000. Finally, New Century Financial Group LLC increased its holdings in Vodafone Group Public by 21.8% during the fourth quarter. New Century Financial Group LLC now owns 14,651 shares of the cell phone carrier’s stock valued at $124,000 after buying an additional 2,621 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on VOD. The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Vodafone Group Public Trading Up 2.0 %

Vodafone Group Public stock opened at $8.75 on Wednesday. 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 Limited has a 12-month low of $8.00 and a 12-month high of $10.39. The firm has a market capitalization of $22.22 billion, a price-to-earnings ratio of 7.68, a P/E/G ratio of 0.66 and a beta of 0.78. The firm has a 50 day moving average of $8.42 and a 200 day moving average of $9.10.

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.