Capital Wealth Planning LLC Sells 80,328 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Capital Wealth Planning LLC lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 27.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 216,394 shares of the cell phone carrier’s stock after selling 80,328 shares during the period. Capital Wealth Planning LLC’s holdings in Vodafone Group Public were worth $1,837,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Parkside Financial Bank & Trust boosted its stake in shares of Vodafone Group Public by 912.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock valued at $61,000 after purchasing an additional 6,500 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Vodafone Group Public by 627.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock valued at $97,000 after purchasing an additional 8,324 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Vodafone Group Public during the fourth quarter valued at about $90,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Vodafone Group Public in the third quarter worth approximately $127,000. Finally, Entropy Technologies LP acquired a new position in shares of Vodafone Group Public in the fourth quarter worth approximately $110,000. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Price Performance

Shares of VOD opened at $8.81 on Friday. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The business’s 50 day moving average price is $8.45 and its two-hundred day moving average price is $9.09. The firm has a market cap of $22.37 billion, a PE ratio of 7.73, a price-to-earnings-growth ratio of 0.66 and a beta of 0.78.

Analysts Set New Price Targets

A number of research firms recently commented on VOD. The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Vodafone Group Public

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.