Vodafone Group Plc (NASDAQ:VOD) Stock Holdings Lowered by Cetera Advisors LLC

Cetera Advisors LLC lowered its position in shares of Vodafone Group Plc (NASDAQ:VOD) by 1.2% in the 3rd quarter, Holdings Channel reports. The fund owned 69,224 shares of the cell phone carrier’s stock after selling 870 shares during the period. Cetera Advisors LLC’s holdings in Vodafone Group were worth $1,376,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Coastal Capital Group Inc. bought a new position in shares of Vodafone Group during the second quarter worth about $25,000. Lenox Wealth Advisors LLC bought a new position in shares of Vodafone Group during the third quarter worth about $33,000. Motco grew its position in shares of Vodafone Group by 76.9% during the second quarter. Motco now owns 1,682 shares of the cell phone carrier’s stock worth $27,000 after acquiring an additional 731 shares during the last quarter. Asset Dedication LLC grew its position in shares of Vodafone Group by 72.3% during the second quarter. Asset Dedication LLC now owns 1,923 shares of the cell phone carrier’s stock worth $31,000 after acquiring an additional 807 shares during the last quarter. Finally, Rational Advisors LLC grew its position in shares of Vodafone Group by 4,686.7% during the second quarter. Rational Advisors LLC now owns 2,154 shares of the cell phone carrier’s stock worth $35,000 after acquiring an additional 2,109 shares during the last quarter. Institutional investors and hedge funds own 7.97% of the company’s stock.

Several equities analysts have recently commented on VOD shares. Jefferies Financial Group restated a “hold” rating and set a $144.00 price target on shares of Vodafone Group in a research report on Tuesday. JPMorgan Chase & Co. lowered their price target on shares of Vodafone Group from $225.00 to $220.00 and set an “overweight” rating for the company in a research report on Tuesday. Argus upped their price target on shares of Vodafone Group to $23.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Barclays restated an “overweight” rating on shares of Vodafone Group in a research report on Wednesday, October 30th. Finally, BidaskClub lowered shares of Vodafone Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the stock. Vodafone Group currently has a consensus rating of “Buy” and a consensus price target of $109.39.

VOD stock opened at $19.85 on Friday. The company has a market capitalization of $56.88 billion, a P/E ratio of 33.08, a PEG ratio of 1.29 and a beta of 0.80. The company has a 50-day simple moving average of $20.29 and a 200 day simple moving average of $18.17. Vodafone Group Plc has a fifty-two week low of $15.53 and a fifty-two week high of $21.73. The company has a quick ratio of 1.52, a current ratio of 1.55 and a debt-to-equity ratio of 0.77.

Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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