180 Wealth Advisors LLC Sells 8,348 Shares of Vodafone Group PLC $VOD

180 Wealth Advisors LLC lessened its stake in Vodafone Group PLC (NASDAQ:VOD) by 19.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,965 shares of the cell phone carrier’s stock after selling 8,348 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Vodafone Group were worth $373,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VOD. ACR Alpine Capital Research LLC raised its holdings in shares of Vodafone Group by 16.8% in the 1st quarter. ACR Alpine Capital Research LLC now owns 25,696,928 shares of the cell phone carrier’s stock worth $240,780,000 after purchasing an additional 3,690,617 shares during the period. Deutsche Bank AG raised its holdings in Vodafone Group by 63,786.2% during the 1st quarter. Deutsche Bank AG now owns 1,597,156 shares of the cell phone carrier’s stock valued at $14,965,000 after acquiring an additional 1,594,656 shares during the period. Acadian Asset Management LLC raised its holdings in Vodafone Group by 512.8% during the 1st quarter. Acadian Asset Management LLC now owns 1,396,305 shares of the cell phone carrier’s stock valued at $13,076,000 after acquiring an additional 1,168,435 shares during the period. Cubist Systematic Strategies LLC bought a new stake in Vodafone Group during the 1st quarter valued at $7,470,000. Finally, Gateway Investment Advisers LLC raised its holdings in Vodafone Group by 2,007.0% during the 2nd quarter. Gateway Investment Advisers LLC now owns 502,218 shares of the cell phone carrier’s stock valued at $5,354,000 after acquiring an additional 478,382 shares during the period. Institutional investors own 7.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VOD shares. Zacks Research raised shares of Vodafone Group to a “hold” rating in a report on Tuesday, August 12th. The Goldman Sachs Group cut shares of Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 target price on the stock. in a report on Thursday, July 31st. Wall Street Zen raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a report on Saturday. BNP Paribas Exane initiated coverage on shares of Vodafone Group in a research report on Tuesday, October 21st. They set an “underperform” rating and a $8.00 price target for the company. Finally, Morgan Stanley initiated coverage on shares of Vodafone Group in a research report on Wednesday, July 2nd. They set an “equal weight” rating for the company. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, Vodafone Group currently has a consensus rating of “Reduce” and an average price target of $72.00.

Vodafone Group Price Performance

VOD opened at $11.73 on Friday. The company has a fifty day moving average price of $11.62 and a 200-day moving average price of $10.73. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.23 and a current ratio of 1.26. Vodafone Group PLC has a one year low of $8.00 and a one year high of $12.06.

Vodafone Group 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.