Planning Capital Management Corp Decreases Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Planning Capital Management Corp reduced its position in Vodafone Group Public Limited (NASDAQ:VOD) by 41.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,921 shares of the cell phone carrier’s stock after selling 17,950 shares during the quarter. Planning Capital Management Corp’s holdings in Vodafone Group Public were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new stake in shares of Vodafone Group Public in the 3rd quarter valued at about $7,482,000. Acadian Asset Management LLC purchased a new stake in shares of Vodafone Group Public in the 1st quarter worth approximately $1,151,000. Clifford Capital Partners LLC lifted its position in Vodafone Group Public by 30.1% in the 2nd quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock valued at $17,848,000 after acquiring an additional 465,802 shares in the last quarter. US Bancorp DE lifted its position in Vodafone Group Public by 79.0% in the 3rd quarter. US Bancorp DE now owns 131,685 shares of the cell phone carrier’s stock valued at $1,319,000 after acquiring an additional 58,130 shares in the last quarter. Finally, Sei Investments Co. lifted its position in Vodafone Group Public by 353.6% in the 1st quarter. Sei Investments Co. now owns 136,789 shares of the cell phone carrier’s stock valued at $1,217,000 after acquiring an additional 106,636 shares in the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Up 3.3 %

Shares of NASDAQ:VOD opened at $8.75 on Thursday. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39. The business has a 50 day moving average of $9.71 and a two-hundred day moving average of $9.39. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29.

Wall Street Analyst Weigh In

Several research firms have recently commented on VOD. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Vodafone Group Public 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.