Financial & Investment Management Group Ltd. trimmed its position in shares of Vodafone Group Plc (NASDAQ:VOD) by 3.0% during the third quarter, Holdings Channel reports. The institutional investor owned 142,414 shares of the cell phone carrier’s stock after selling 4,433 shares during the period. Financial & Investment Management Group Ltd.’s holdings in Vodafone Group were worth $3,090,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of VOD. Bessemer Group Inc. increased its holdings in shares of Vodafone Group by 149.8% in the second quarter. Bessemer Group Inc. now owns 5,321 shares of the cell phone carrier’s stock valued at $129,000 after purchasing an additional 3,191 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Vodafone Group by 722.6% in the second quarter. Tower Research Capital LLC TRC now owns 5,462 shares of the cell phone carrier’s stock valued at $133,000 after purchasing an additional 4,798 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Vodafone Group in the second quarter valued at $143,000. NumerixS Investment Technologies Inc acquired a new position in shares of Vodafone Group in the second quarter valued at $153,000. Finally, Private Vista LLC acquired a new position in shares of Vodafone Group in the first quarter valued at $217,000. Institutional investors and hedge funds own 10.07% of the company’s stock.
Shares of Vodafone Group stock traded down $0.28 during trading on Thursday, reaching $19.91. The company’s stock had a trading volume of 351,633 shares, compared to its average volume of 4,716,195. The stock has a market cap of $57.88 billion, a PE ratio of 14.85, a PEG ratio of 1.72 and a beta of 0.80. Vodafone Group Plc has a 52 week low of $19.78 and a 52 week high of $32.75. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.96 and a current ratio of 0.97.
About Vodafone Group
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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