Wade G W & Inc. decreased its position in Vodafone Group Plc (NASDAQ:VOD) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 417,435 shares of the cell phone carrier’s stock after selling 13,545 shares during the period. Wade G W & Inc.’s holdings in Vodafone Group were worth $9,058,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Sound Shore Management Inc. CT lifted its stake in Vodafone Group by 20.1% in the third quarter. Sound Shore Management Inc. CT now owns 6,071,825 shares of the cell phone carrier’s stock valued at $131,759,000 after buying an additional 1,016,176 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in Vodafone Group by 39.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 2,406,409 shares of the cell phone carrier’s stock valued at $52,219,000 after buying an additional 677,202 shares during the period. ACR Alpine Capital Research LLC lifted its stake in Vodafone Group by 14.7% in the second quarter. ACR Alpine Capital Research LLC now owns 4,777,428 shares of the cell phone carrier’s stock valued at $116,140,000 after buying an additional 612,039 shares during the period. OLD Mission Capital LLC acquired a new position in Vodafone Group in the second quarter valued at about $10,978,000. Finally, Becker Capital Management Inc. lifted its stake in Vodafone Group by 22.6% in the third quarter. Becker Capital Management Inc. now owns 2,252,358 shares of the cell phone carrier’s stock valued at $48,876,000 after buying an additional 415,082 shares during the period. Institutional investors and hedge funds own 9.69% of the company’s stock.

A number of equities research analysts have recently commented on the company. Cfra raised Vodafone Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Raymond James lowered Vodafone Group from a “strong-buy” rating to a “market perform” rating in a research report on Tuesday, October 9th. Jefferies Financial Group lowered Vodafone Group from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Zacks Investment Research lowered Vodafone Group from a “hold” rating to a “sell” rating in a research report on Thursday, September 20th. Finally, Standpoint Research raised Vodafone Group from a “reduce” rating to a “buy” rating in a research report on Tuesday, September 11th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Vodafone Group presently has a consensus rating of “Buy” and an average target price of $33.36.

NASDAQ VOD opened at $20.67 on Wednesday. The stock has a market cap of $49.59 billion, a PE ratio of 15.20, a price-to-earnings-growth ratio of 1.71 and a beta of 0.88. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48. Vodafone Group Plc has a one year low of $18.45 and a one year high of $32.75.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2018/11/14/wade-g-w-inc-sells-13545-shares-of-vodafone-group-plc-vod.html.

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.

Featured Article: Debt-To-Equity Ratio

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.