B. Riley Wealth Advisors Inc. Sells 21,523 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

B. Riley Wealth Advisors Inc. cut its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 41.3% during the 2nd quarter, Holdings Channel reports. The firm owned 30,569 shares of the cell phone carrier’s stock after selling 21,523 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Vodafone Group Public were worth $286,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VOD. ACR Alpine Capital Research LLC lifted its position in shares of Vodafone Group Public by 40.4% during the 1st quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock worth $192,320,000 after buying an additional 6,216,805 shares in the last quarter. Bank of Montreal Can lifted its holdings in Vodafone Group Public by 445.7% during the second quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock worth $34,055,000 after acquiring an additional 3,107,734 shares during the period. Hsbc Holdings PLC boosted its position in Vodafone Group Public by 345.2% in the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock worth $26,786,000 after purchasing an additional 2,346,815 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in Vodafone Group Public by 20.1% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,548,765 shares of the cell phone carrier’s stock valued at $40,484,000 after purchasing an additional 761,624 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of Vodafone Group Public by 163.7% during the 1st quarter. Cetera Investment Advisers now owns 692,886 shares of the cell phone carrier’s stock valued at $6,167,000 after purchasing an additional 430,092 shares during the last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Stock Down 0.3 %

Shares of VOD stock opened at $9.66 on Wednesday. The firm’s 50 day moving average is $9.75 and its 200 day moving average is $9.23. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Analyst Ratings Changes

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

Vodafone Group Public Profile

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.