Vodafone Group Public Limited (NASDAQ:VOD) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,429,784 shares of the cell phone carrier's stock after purchasing an additional 601,151 shares during the period. Envestnet Asset Management Inc. owned approximately 0.21% of Vodafone Group Public worth $46,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of VOD. Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of Vodafone Group Public by 18.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier's stock valued at $123,940,000 after buying an additional 2,238,935 shares in the last quarter. Integrated Quantitative Investments LLC acquired a new stake in Vodafone Group Public during the fourth quarter worth about $402,000. Trexquant Investment LP raised its position in shares of Vodafone Group Public by 70.2% during the 4th quarter. Trexquant Investment LP now owns 656,513 shares of the cell phone carrier's stock valued at $5,574,000 after buying an additional 270,854 shares during the period. Geode Capital Management LLC lifted its stake in shares of Vodafone Group Public by 39.7% in the 4th quarter. Geode Capital Management LLC now owns 611,461 shares of the cell phone carrier's stock valued at $5,191,000 after purchasing an additional 173,816 shares during the last quarter. Finally, HighPoint Advisor Group LLC lifted its position in Vodafone Group Public by 12.2% in the fourth quarter. HighPoint Advisor Group LLC now owns 23,393 shares of the cell phone carrier's stock valued at $199,000 after buying an additional 2,535 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company's stock.

Vodafone Group Public Stock Performance

Vodafone Group Public stock traded up $0.16 during midday trading on Wednesday, hitting $9.27. 5,032,949 shares of the company's stock were exchanged, compared to its average volume of 7,010,150. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The stock has a market cap of $21.95 billion, a price-to-earnings ratio of 8.13, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39. The firm's 50 day simple moving average is $8.94 and its 200 day simple moving average is $8.92.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Bank of America lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th. Finally, StockNews.com cut Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus 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.