Summit Wealth & Retirement Planning Inc. decreased its position in shares of Vodafone Group Plc (NASDAQ:VOD) by 9.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,287 shares of the cell phone carrier’s stock after selling 4,351 shares during the quarter. Summit Wealth & Retirement Planning Inc.’s holdings in Vodafone Group were worth $674,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. OLD Second National Bank of Aurora raised its stake in shares of Vodafone Group by 277.2% during the first quarter. OLD Second National Bank of Aurora now owns 1,339 shares of the cell phone carrier’s stock valued at $25,000 after purchasing an additional 984 shares in the last quarter. Cornerstone Advisors Inc. raised its stake in shares of Vodafone Group by 282.3% during the first quarter. Cornerstone Advisors Inc. now owns 1,380 shares of the cell phone carrier’s stock valued at $25,000 after purchasing an additional 1,019 shares in the last quarter. Coastal Capital Group Inc. bought a new stake in shares of Vodafone Group during the second quarter valued at about $25,000. Asset Dedication LLC raised its stake in shares of Vodafone Group by 72.3% during the second quarter. Asset Dedication LLC now owns 1,923 shares of the cell phone carrier’s stock valued at $31,000 after purchasing an additional 807 shares in the last quarter. Finally, Heritage Wealth Advisors bought a new stake in shares of Vodafone Group during the first quarter valued at about $41,000. 7.95% of the stock is owned by institutional investors.
NASDAQ VOD traded up $0.14 on Thursday, hitting $18.35. 103,888 shares of the company were exchanged, compared to its average volume of 4,151,920. The company’s 50 day moving average price is $17.32 and its 200-day moving average price is $17.52. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.55 and a quick ratio of 1.52. The firm has a market capitalization of $49.23 billion, a P/E ratio of 30.45, a price-to-earnings-growth ratio of 1.40 and a beta of 0.82. Vodafone Group Plc has a twelve month low of $15.53 and a twelve month high of $23.21.
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.
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