Vodafone Group Public Limited (NASDAQ:VOD) Shares Bought by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC grew its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 12.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,393 shares of the cell phone carrier’s stock after buying an additional 2,535 shares during the period. HighPoint Advisor Group LLC’s holdings in Vodafone Group Public were worth $199,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. ABC Arbitrage SA purchased a new stake in Vodafone Group Public in the fourth quarter valued at approximately $22,646,000. JPMorgan Chase & Co. raised its position in Vodafone Group Public by 177.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after purchasing an additional 2,145,085 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in Vodafone Group Public by 749.7% during the 4th quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier’s stock worth $18,270,000 after purchasing an additional 1,898,663 shares during the period. Raymond James Financial Inc. purchased a new position in Vodafone Group Public during the 4th quarter worth $10,583,000. Finally, Virtu Financial LLC purchased a new stake in shares of Vodafone Group Public in the fourth quarter valued at about $2,638,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on VOD shares. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Bank of America lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Finally, StockNews.com cut shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Down 9.3 %

VOD opened at $8.50 on Friday. The business has a 50 day simple moving average of $8.92 and a 200-day simple moving average of $9.01. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The stock has a market capitalization 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 company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Vodafone Group Public Company Profile

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.