Bridgewater Associates LP Has $5.80 Million Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Bridgewater Associates LP boosted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 224.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 683,046 shares of the cell phone carrier's stock after acquiring an additional 472,836 shares during the quarter. Bridgewater Associates LP's holdings in Vodafone Group Public were worth $5,799,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. 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 buying an additional 1,899 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Vodafone Group Public by 912.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier's stock valued at $61,000 after buying an additional 6,500 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Vodafone Group Public by 84.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier's stock valued at $87,000 after buying an additional 4,846 shares during the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Vodafone Group Public during the 4th quarter valued at about $89,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Vodafone Group Public during the 4th quarter valued at about $90,000. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Bank of America lowered 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. StockNews.com upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, April 18th. Finally, JPMorgan Chase & Co. restated an "underweight" rating on shares of Vodafone Group Public in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Vodafone Group Public currently has a consensus rating of "Moderate Buy".

Vodafone Group Public Stock Performance

NASDAQ VOD traded down $0.28 during trading on Wednesday, hitting $9.30. The company's stock had a trading volume of 8,208,782 shares, compared to its average volume of 7,083,252. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The firm has a market cap of $22.02 billion, a P/E ratio of 8.16, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. The firm has a 50 day moving average price of $9.02 and a 200 day moving average price of $8.90.

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.