Integrated Quantitative Investments LLC acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 47,400 shares of the cell phone carrier’s stock, valued at approximately $402,000.
A number of other hedge funds have also modified their holdings of VOD. Smartleaf Asset Management LLC increased its position in Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after acquiring an additional 1,899 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Vodafone Group Public by 912.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock valued at $61,000 after purchasing an additional 6,500 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Vodafone Group Public by 84.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier’s stock worth $87,000 after purchasing an additional 4,846 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Vodafone Group Public during the fourth quarter worth $90,000. Finally, Strategic Family Wealth Counselors L.L.C. purchased a new position in Vodafone Group Public in the 4th quarter valued at $92,000. 7.84% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on VOD shares. Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Finally, StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, March 24th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Vodafone Group Public Stock Performance
VOD opened at $8.50 on Friday. Vodafone Group Public Limited has a 1-year low of $8.00 and a 1-year high of $10.39. The stock has a market cap of $20.12 billion, a P/E ratio of 7.46, a P/E/G ratio of 0.66 and a beta of 0.58. The stock’s 50 day simple moving average is $8.92 and its 200 day simple moving average is $9.01. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.
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.
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