Fifth Third Bancorp Trims Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Fifth Third Bancorp lowered its position in Vodafone Group Public Limited (NASDAQ:VOD) by 38.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,616 shares of the cell phone carrier’s stock after selling 2,245 shares during the period. Fifth Third Bancorp’s holdings in Vodafone Group Public were worth $31,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VOD. Eagle Bay Advisors LLC bought a new position in Vodafone Group Public in the 2nd quarter worth $26,000. NBC Securities Inc. bought a new position in shares of Vodafone Group Public during the 3rd quarter valued at about $40,000. Altshuler Shaham Ltd bought a new position in shares of Vodafone Group Public during the 4th quarter valued at about $40,000. Anchor Investment Management LLC bought a new position in shares of Vodafone Group Public during the 4th quarter valued at about $44,000. Finally, Global Retirement Partners LLC boosted its holdings in shares of Vodafone Group Public by 27.6% during the 3rd quarter. Global Retirement Partners LLC now owns 5,061 shares of the cell phone carrier’s stock valued at $47,000 after purchasing an additional 1,095 shares during the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Down 0.5 %

Shares of NASDAQ:VOD opened at $8.37 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.86. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $12.07. The company has a 50-day moving average price of $8.64 and a 200 day moving average price of $8.92.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, February 12th.

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.