Oppenheimer Asset Management Inc. Sells 21,391 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Oppenheimer Asset Management Inc. lessened its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 0.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,963,251 shares of the cell phone carrier’s stock after selling 21,391 shares during the period. Vodafone Group Public makes up approximately 0.6% of Oppenheimer Asset Management Inc.’s investment portfolio, making the stock its 29th largest position. Oppenheimer Asset Management Inc. owned about 0.19% of Vodafone Group Public worth $49,732,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VOD. Allspring Global Investments Holdings LLC acquired a new position in shares of Vodafone Group Public in the first quarter valued at about $46,000. Private Advisor Group LLC grew its position in shares of Vodafone Group Public by 24.0% during the 1st quarter. Private Advisor Group LLC now owns 48,764 shares of the cell phone carrier’s stock worth $434,000 after purchasing an additional 9,440 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Vodafone Group Public during the first quarter worth approximately $1,630,000. Oppenheimer & Co. Inc. raised its position in shares of Vodafone Group Public by 14.2% in the first quarter. Oppenheimer & Co. Inc. now owns 51,513 shares of the cell phone carrier’s stock valued at $458,000 after buying an additional 6,408 shares in the last quarter. Finally, Atomi Financial Group Inc. boosted its stake in shares of Vodafone Group Public by 21.8% in the first quarter. Atomi Financial Group Inc. now owns 16,462 shares of the cell phone carrier’s stock valued at $147,000 after buying an additional 2,948 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Up 1.9 %

NASDAQ:VOD traded up $0.16 during mid-day trading on Wednesday, reaching $8.63. The stock had a trading volume of 2,140,077 shares, compared to its average volume of 6,109,988. The stock has a 50-day simple moving average of $9.73 and a two-hundred day simple moving average of $9.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.39.

Analyst Ratings Changes

VOD has been the topic of a number of recent research reports. UBS Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.