CIBC Private Wealth Group LLC Raises Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

CIBC Private Wealth Group LLC raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 84.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,598 shares of the cell phone carrier’s stock after buying an additional 4,846 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Vodafone Group Public were worth $87,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Vodafone Group Public by 25.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 157,023 shares of the cell phone carrier’s stock worth $1,573,000 after purchasing an additional 31,827 shares during the period. FMR LLC grew its stake in Vodafone Group Public by 12.4% during the third quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier’s stock worth $18,391,000 after buying an additional 202,339 shares during the period. HighTower Advisors LLC increased its position in shares of Vodafone Group Public by 21.3% in the third quarter. HighTower Advisors LLC now owns 407,898 shares of the cell phone carrier’s stock worth $4,086,000 after acquiring an additional 71,695 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of Vodafone Group Public by 26.1% in the 3rd quarter. Quantinno Capital Management LP now owns 212,543 shares of the cell phone carrier’s stock valued at $2,130,000 after acquiring an additional 44,005 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of Vodafone Group Public by 34.9% during the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after acquiring an additional 201,360 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Stock Down 1.9 %

Shares of Vodafone Group Public stock opened at $8.19 on Wednesday. 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 Limited has a 1-year low of $8.00 and a 1-year high of $10.39. The business has a 50-day moving average of $8.90 and a 200-day moving average of $8.97. The company has a market capitalization of $19.39 billion, a PE ratio of 7.18, a P/E/G ratio of 0.66 and a beta of 0.58.

Analysts Set New Price Targets

VOD has been the subject of several recent research reports. Bank of America downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Finally, StockNews.com cut 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 given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

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.