Vodafone Group Plc (NASDAQ:VOD) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its position in Vodafone Group Plc (NASDAQ:VOD) by 12.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 101,664 shares of the cell phone carrier’s stock after selling 14,879 shares during the period. AE Wealth Management LLC’s holdings in Vodafone Group were worth $2,024,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Catalyst Capital Advisors LLC grew its holdings in Vodafone Group by 13.5% in the third quarter. Catalyst Capital Advisors LLC now owns 146,790 shares of the cell phone carrier’s stock valued at $2,922,000 after purchasing an additional 17,500 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Vodafone Group by 4,411.9% in the third quarter. Tower Research Capital LLC TRC now owns 7,986 shares of the cell phone carrier’s stock valued at $159,000 after purchasing an additional 7,809 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Vodafone Group by 103.9% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 3,619 shares of the cell phone carrier’s stock valued at $72,000 after purchasing an additional 1,844 shares during the last quarter. Armor Investment Advisors LLC grew its holdings in Vodafone Group by 5.9% in the third quarter. Armor Investment Advisors LLC now owns 39,486 shares of the cell phone carrier’s stock valued at $786,000 after purchasing an additional 2,194 shares during the last quarter. Finally, Managed Asset Portfolios LLC grew its holdings in Vodafone Group by 9.1% in the third quarter. Managed Asset Portfolios LLC now owns 1,047,692 shares of the cell phone carrier’s stock valued at $20,860,000 after purchasing an additional 87,577 shares during the last quarter. 7.97% of the stock is currently owned by institutional investors.

VOD opened at $21.11 on Thursday. The company has a quick ratio of 1.52, a current ratio of 1.55 and a debt-to-equity ratio of 0.77. The firm has a market cap of $55.36 billion, a P/E ratio of 35.18, a PEG ratio of 1.26 and a beta of 0.80. Vodafone Group Plc has a 52 week low of $15.53 and a 52 week high of $21.73. The business’s fifty day simple moving average is $20.27 and its 200 day simple moving average is $18.15.

VOD has been the topic of several research reports. Credit Suisse Group reissued a “buy” rating and issued a $190.00 target price on shares of Vodafone Group in a report on Thursday, October 17th. Barclays reissued an “overweight” rating on shares of Vodafone Group in a report on Wednesday, October 30th. BNP Paribas raised Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of Vodafone Group in a research note on Sunday. Finally, Kepler Capital Markets reaffirmed a “buy” rating and set a $175.00 price objective on shares of Vodafone Group in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. Vodafone Group currently has an average rating of “Buy” and an average target price of $109.39.

Vodafone Group Company 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.

Featured Article: What are Bollinger Bands?

Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group Plc (NASDAQ:VOD).

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

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.