TT Capital Management LLC Purchases Shares of 18,317 Vodafone Group Public Limited (NASDAQ:VOD)

TT Capital Management LLC acquired a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,317 shares of the cell phone carrier’s stock, valued at approximately $155,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Inlight Wealth Management LLC purchased a new position in Vodafone Group Public in the fourth quarter worth about $4,645,000. Quinn Opportunity Partners LLC purchased a new position in shares of Vodafone Group Public in the 4th quarter worth approximately $1,095,000. DRW Securities LLC increased its position in shares of Vodafone Group Public by 74.7% during the 4th quarter. DRW Securities LLC now owns 115,742 shares of the cell phone carrier’s stock valued at $983,000 after purchasing an additional 49,486 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Vodafone Group Public by 2.9% during the 4th quarter. Renaissance Technologies LLC now owns 9,027,376 shares of the cell phone carrier’s stock valued at $76,642,000 after buying an additional 255,623 shares during the period. Finally, Bank of Montreal Can lifted its position in Vodafone Group Public by 28.2% in the fourth quarter. Bank of Montreal Can now owns 5,483,837 shares of the cell phone carrier’s stock worth $46,558,000 after buying an additional 1,206,256 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. Finally, Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Vodafone Group Public has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Up 3.3 %

Vodafone Group Public stock opened at $8.73 on Friday. The business has a fifty day moving average price of $8.91 and a 200-day moving average price of $8.93. 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 capitalization of $20.67 billion, a price-to-earnings ratio of 7.66, a PEG ratio of 0.66 and a beta of 0.58. 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.