First Bank & Trust lowered its stake in Vodafone Group Plc (NASDAQ:VOD) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,928 shares of the cell phone carrier’s stock after selling 2,676 shares during the quarter. Vodafone Group accounts for approximately 1.0% of First Bank & Trust’s portfolio, making the stock its 27th largest position. First Bank & Trust’s holdings in Vodafone Group were worth $1,344,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in Vodafone Group by 351.4% during the third quarter. Bank of New York Mellon Corp now owns 1,292,661 shares of the cell phone carrier’s stock worth $28,049,000 after acquiring an additional 1,006,279 shares during the last quarter. GFS Advisors LLC raised its holdings in Vodafone Group by 17.7% in the 3rd quarter. GFS Advisors LLC now owns 75,920 shares of the cell phone carrier’s stock valued at $1,647,000 after acquiring an additional 11,402 shares during the period. AMP Capital Investors Ltd bought a new position in shares of Vodafone Group during the third quarter worth approximately $546,000. United Services Automobile Association increased its holdings in shares of Vodafone Group by 4.0% during the third quarter. United Services Automobile Association now owns 113,098 shares of the cell phone carrier’s stock worth $2,454,000 after purchasing an additional 4,319 shares during the period. Finally, Deutsche Bank AG increased its holdings in shares of Vodafone Group by 129.6% during the third quarter. Deutsche Bank AG now owns 1,685,578 shares of the cell phone carrier’s stock worth $36,572,000 after purchasing an additional 951,310 shares during the period. Institutional investors own 8.35% of the company’s stock.

VOD traded up $0.28 during trading on Monday, reaching $18.62. 146,028 shares of the stock were exchanged, compared to its average volume of 4,439,140. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.27 and a current ratio of 1.30. Vodafone Group Plc has a 1 year low of $17.05 and a 1 year high of $30.20. The company has a market cap of $48.92 billion, a price-to-earnings ratio of 13.65, a PEG ratio of 1.76 and a beta of 0.72.

A number of analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a report on Saturday, February 9th. UBS Group raised shares of Vodafone Group from a “neutral” rating to a “buy” rating in a research note on Monday, December 17th. BidaskClub downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a report on Thursday, January 17th. Royal Bank of Canada downgraded shares of Vodafone Group from an “outperform” rating to an “underperform” rating in a report on Tuesday, January 8th. Finally, Macquarie upgraded shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, March 20th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Vodafone Group presently has a consensus rating of “Buy” and a consensus price target of $25.13.

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Vodafone Group 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.

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

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