ABC Arbitrage SA Makes New $22.65 Million Investment in Vodafone Group Public Limited (NASDAQ:VOD)

ABC Arbitrage SA purchased a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,667,386 shares of the cell phone carrier's stock, valued at approximately $22,646,000. Vodafone Group Public comprises about 3.2% of ABC Arbitrage SA's portfolio, making the stock its 5th biggest holding. ABC Arbitrage SA owned about 0.11% of Vodafone Group Public as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VOD. Creative Planning grew its position in shares of Vodafone Group Public by 15.6% during the 3rd quarter. Creative Planning now owns 312,109 shares of the cell phone carrier's stock worth $3,127,000 after buying an additional 42,007 shares during the period. Trust Co. of Vermont grew its holdings in Vodafone Group Public by 1,493.2% in the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier's stock worth $47,000 after purchasing an additional 4,405 shares during the period. Stratos Wealth Advisors LLC increased its stake in Vodafone Group Public by 2.0% in the third quarter. Stratos Wealth Advisors LLC now owns 86,826 shares of the cell phone carrier's stock valued at $870,000 after purchasing an additional 1,734 shares in the last quarter. Accurate Wealth Management LLC raised its holdings in shares of Vodafone Group Public by 152.7% during the third quarter. Accurate Wealth Management LLC now owns 65,250 shares of the cell phone carrier's stock valued at $629,000 after purchasing an additional 39,430 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of Vodafone Group Public by 71.1% during the 3rd quarter. Blue Trust Inc. now owns 16,056 shares of the cell phone carrier's stock worth $161,000 after purchasing an additional 6,670 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, December 9th. Two equities 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 stock. According to MarketBeat.com, Vodafone Group Public has an average rating of "Moderate Buy".

Vodafone Group Public Stock Down 0.8 %

Shares of NASDAQ:VOD traded down $0.07 during midday trading on Wednesday, hitting $8.27. 7,337,560 shares of the company's stock were exchanged, compared to its average volume of 8,972,788. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average price of $8.45 and a 200-day moving average price of $9.13.

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.