ACR Alpine Capital Research LLC Increases Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

ACR Alpine Capital Research LLC boosted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,006,311 shares of the cell phone carrier's stock after acquiring an additional 97,636 shares during the period. Vodafone Group Public comprises about 4.0% of ACR Alpine Capital Research LLC's portfolio, making the stock its 15th largest position. ACR Alpine Capital Research LLC owned approximately 0.87% of Vodafone Group Public worth $186,834,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Apollon Wealth Management LLC lifted its position in Vodafone Group Public by 7.6% during the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier's stock valued at $171,000 after acquiring an additional 1,204 shares during the last quarter. DRW Securities LLC lifted its holdings in shares of Vodafone Group Public by 2.2% during the 3rd quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier's stock valued at $664,000 after purchasing an additional 1,399 shares during the last quarter. Pitcairn Co. boosted its position in shares of Vodafone Group Public by 10.4% in the 3rd quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier's stock worth $155,000 after purchasing an additional 1,458 shares in the last quarter. Cohen Investment Advisors LLC increased its position in Vodafone Group Public by 5.1% during the 4th quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier's stock valued at $301,000 after buying an additional 1,728 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock valued at $41,000 after buying an additional 1,899 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company's stock.

Wall Street Analyst Weigh In

VOD has been the topic of several recent analyst reports. StockNews.com downgraded shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Wednesday, February 19th. The Goldman Sachs Group cut shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Vodafone Group Public Stock Performance

Shares of VOD stock traded up $0.09 during mid-day trading on Monday, reaching $8.90. The stock had a trading volume of 12,981,220 shares, compared to its average volume of 6,312,914. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a 1-year low of $8.00 and a 1-year high of $10.39. The firm has a market cap of $22.60 billion, a price-to-earnings ratio of 7.81, a PEG ratio of 0.66 and a beta of 0.78. The business's fifty day moving average is $8.45 and its 200-day moving average is $9.09.

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.