Clifford Swan Investment Counsel LLC Sells 74,092 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Clifford Swan Investment Counsel LLC lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 33.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 147,232 shares of the cell phone carrier’s stock after selling 74,092 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Vodafone Group Public were worth $1,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. ACR Alpine Capital Research LLC raised its position in shares of Vodafone Group Public by 40.4% in the first quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock valued at $192,320,000 after purchasing an additional 6,216,805 shares during the period. Oppenheimer Asset Management Inc. lifted its position in Vodafone Group Public by 20.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,548,765 shares of the cell phone carrier’s stock worth $40,484,000 after acquiring an additional 761,624 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Vodafone Group Public by 163.7% during the first quarter. Cetera Investment Advisers now owns 692,886 shares of the cell phone carrier’s stock worth $6,167,000 after acquiring an additional 430,092 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of Vodafone Group Public by 33.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,219,658 shares of the cell phone carrier’s stock valued at $10,855,000 after purchasing an additional 308,861 shares during the last quarter. Finally, Cetera Advisors LLC increased its stake in shares of Vodafone Group Public by 465.9% during the first quarter. Cetera Advisors LLC now owns 290,740 shares of the cell phone carrier’s stock worth $2,588,000 after purchasing an additional 239,367 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

Shares of NASDAQ VOD opened at $10.00 on Tuesday. Vodafone Group Public Limited has a fifty-two week low of $8.02 and a fifty-two week high of $10.29. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The business has a fifty day moving average price of $9.39 and a two-hundred day moving average price of $9.06.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VOD. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating for the company. New Street Research raised shares of Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. Finally, UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $14.45.

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.