Northstar Investment Advisors LLC Has $4.84 Million Holdings in Vodafone Group Plc (VOD)

Northstar Investment Advisors LLC decreased its holdings in shares of Vodafone Group Plc (NASDAQ:VOD) by 20.5% in the third quarter, HoldingsChannel reports. The firm owned 222,912 shares of the cell phone carrier’s stock after selling 57,449 shares during the period. Northstar Investment Advisors LLC’s holdings in Vodafone Group were worth $4,837,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Fisher Asset Management LLC increased its position in shares of Vodafone Group by 4.2% during the second quarter. Fisher Asset Management LLC now owns 28,292,890 shares of the cell phone carrier’s stock valued at $687,800,000 after acquiring an additional 1,144,581 shares in the last quarter. ACR Alpine Capital Research LLC increased its position in shares of Vodafone Group by 14.7% during the second quarter. ACR Alpine Capital Research LLC now owns 4,777,428 shares of the cell phone carrier’s stock valued at $116,140,000 after acquiring an additional 612,039 shares in the last quarter. OLD Mission Capital LLC bought a new stake in shares of Vodafone Group during the second quarter valued at approximately $10,978,000. Stephens Inc. AR bought a new stake in shares of Vodafone Group during the second quarter valued at approximately $8,718,000. Finally, Bank of Montreal Can increased its position in shares of Vodafone Group by 38.3% during the second quarter. Bank of Montreal Can now owns 1,146,732 shares of the cell phone carrier’s stock valued at $27,877,000 after acquiring an additional 317,607 shares in the last quarter. 10.07% of the stock is owned by institutional investors and hedge funds.

NASDAQ:VOD traded down $0.26 during trading hours on Thursday, reaching $19.93. The company had a trading volume of 333,270 shares, compared to its average volume of 4,716,195. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48. Vodafone Group Plc has a 52 week low of $19.78 and a 52 week high of $32.75. The company has a market cap of $57.88 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 1.72 and a beta of 0.80.

VOD has been the subject of several analyst reports. ValuEngine raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 5th. BidaskClub raised shares of Vodafone Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, July 7th. Zacks Investment Research downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Deutsche Bank reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Thursday, July 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Tuesday, August 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company. Vodafone Group has a consensus rating of “Buy” and an average target price of $33.36.

Vodafone Group Company 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.

See Also: Return on Equity (ROE)

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

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