Bank of Montreal Can Buys 1,206,256 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Bank of Montreal Can boosted its position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 28.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,483,837 shares of the cell phone carrier's stock after buying an additional 1,206,256 shares during the quarter. Bank of Montreal Can owned approximately 0.22% of Vodafone Group Public worth $46,558,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VOD. Quadrant Capital Group LLC lifted its holdings in Vodafone Group Public by 11.2% in the fourth quarter. Quadrant Capital Group LLC now owns 14,409 shares of the cell phone carrier's stock valued at $123,000 after buying an additional 1,454 shares during the period. Cohen Investment Advisors LLC raised its holdings in Vodafone Group Public by 5.1% in the fourth quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier's stock worth $301,000 after purchasing an additional 1,728 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Vodafone Group Public by 63.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock valued at $41,000 after purchasing an additional 1,899 shares in the last quarter. SOL Capital Management CO raised its holdings in shares of Vodafone Group Public by 14.1% during the fourth quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier's stock worth $138,000 after acquiring an additional 2,000 shares during the period. Finally, Fidelis Capital Partners LLC lifted its holdings in shares of Vodafone Group Public by 4.2% in the fourth quarter. Fidelis Capital Partners LLC now owns 49,885 shares of the cell phone carrier's stock valued at $424,000 after purchasing an additional 2,033 shares in the last quarter. Institutional investors own 7.84% of the company's stock.

Vodafone Group Public Stock Performance

NASDAQ VOD traded up $0.16 on Tuesday, reaching $9.12. The stock had a trading volume of 7,644,657 shares, compared to its average volume of 6,997,100. The firm has a fifty day moving average of $8.92 and a two-hundred day moving average of $8.92. The company has a market cap of $21.58 billion, a P/E ratio of 8.00, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. Vodafone Group Public Limited has a 1-year low of $8.00 and a 1-year high of $10.39. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Analyst Ratings Changes

Several research analysts recently commented on the stock. DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. StockNews.com downgraded Vodafone Group Public from a "buy" rating to a "hold" rating in a report 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 report 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 stock. According to data from MarketBeat, Vodafone Group Public currently has an average rating of "Moderate Buy".

Vodafone Group Public 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.