Keating Investment Counselors Inc. Sells 40,210 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Keating Investment Counselors Inc. reduced its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 5.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 762,714 shares of the cell phone carrier’s stock after selling 40,210 shares during the period. Vodafone Group Public comprises about 2.0% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its 9th biggest position. Keating Investment Counselors Inc.’s holdings in Vodafone Group Public were worth $6,475,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co raised its holdings in Vodafone Group Public by 37.8% during the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after buying an additional 1,513 shares during the period. Point72 Asia Singapore Pte. Ltd. raised its holdings in shares of Vodafone Group Public by 627.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after acquiring an additional 8,324 shares during the period. Sequoia Financial Advisors LLC bought a new stake in Vodafone Group Public in the 3rd quarter valued at $101,000. Entropy Technologies LP bought a new position in Vodafone Group Public during the 4th quarter worth about $110,000. Finally, Ingalls & Snyder LLC acquired a new stake in shares of Vodafone Group Public in the 4th quarter valued at about $121,000. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Trading Down 0.8 %

VOD opened at $8.36 on Tuesday. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The company’s 50-day moving average is $8.47 and its 200 day moving average is $9.14.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Vodafone Group Public

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.