First Allied Advisory Services Inc. Sells 6,665 Shares of Vodafone Group PLC (VOD)

First Allied Advisory Services Inc. cut its holdings in Vodafone Group PLC (NASDAQ:VOD) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,834 shares of the cell phone carrier’s stock after selling 6,665 shares during the period. First Allied Advisory Services Inc.’s holdings in Vodafone Group were worth $2,553,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VOD. Sei Investments Co. raised its stake in shares of Vodafone Group by 99.1% during the second quarter. Sei Investments Co. now owns 272,843 shares of the cell phone carrier’s stock valued at $7,839,000 after acquiring an additional 135,776 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Vodafone Group by 3.4% during the second quarter. IFP Advisors Inc now owns 26,396 shares of the cell phone carrier’s stock valued at $758,000 after acquiring an additional 864 shares during the last quarter. TD Asset Management Inc. raised its stake in shares of Vodafone Group by 4.5% during the second quarter. TD Asset Management Inc. now owns 414,711 shares of the cell phone carrier’s stock valued at $11,914,000 after acquiring an additional 17,842 shares during the last quarter. Wetherby Asset Management Inc. raised its stake in shares of Vodafone Group by 24.6% during the second quarter. Wetherby Asset Management Inc. now owns 19,346 shares of the cell phone carrier’s stock valued at $556,000 after acquiring an additional 3,819 shares during the last quarter. Finally, National Planning Corp raised its stake in shares of Vodafone Group by 9.6% during the second quarter. National Planning Corp now owns 15,364 shares of the cell phone carrier’s stock valued at $441,000 after acquiring an additional 1,345 shares during the last quarter. 10.24% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group PLC (VOD) opened at $31.22 on Friday. Vodafone Group PLC has a 52-week low of $24.31 and a 52-week high of $31.31. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.95 and a current ratio of 0.96.

The business also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Investors of record on Friday, November 24th will be given a dividend of $0.5642 per share. This represents a dividend yield of 3.68%. The ex-dividend date is Wednesday, November 22nd.

Several equities analysts have recently commented on VOD shares. BidaskClub downgraded shares of Vodafone Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 18th. UBS reiterated a “buy” rating on shares of Vodafone Group in a research report on Monday, October 2nd. Zacks Investment Research cut shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Goldman Sachs Group reiterated a “buy” rating on shares of Vodafone Group in a research report on Thursday, November 23rd. Finally, Barclays upgraded shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $32.14.

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Vodafone Group Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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