Guggenheim Capital LLC Increases Position in Vodafone Group Public Limited (NASDAQ:VOD)

Guggenheim Capital LLC raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 73.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 136,957 shares of the cell phone carrier's stock after purchasing an additional 58,091 shares during the period. Guggenheim Capital LLC's holdings in Vodafone Group Public were worth $1,163,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Lester Murray Antman dba SimplyRich bought a new stake in Vodafone Group Public in the fourth quarter worth $295,000. Atria Investments Inc lifted its holdings in Vodafone Group Public by 8.7% in the 4th quarter. Atria Investments Inc now owns 842,286 shares of the cell phone carrier's stock worth $7,151,000 after buying an additional 67,086 shares during the period. Allworth Financial LP grew its position in shares of Vodafone Group Public by 9.0% in the 4th quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier's stock worth $227,000 after buying an additional 2,246 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of Vodafone Group Public by 16.1% during the fourth quarter. Park Avenue Securities LLC now owns 31,173 shares of the cell phone carrier's stock valued at $265,000 after buying an additional 4,332 shares during the period. Finally, FNY Investment Advisers LLC lifted its stake in Vodafone Group Public by 62,900.0% in the fourth quarter. FNY Investment Advisers LLC now owns 63,000 shares of the cell phone carrier's stock worth $534,000 after acquiring an additional 62,900 shares during the period. Institutional investors own 7.84% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have 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. Bank of America lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Finally, StockNews.com raised Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, April 18th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Vodafone Group Public Price Performance

VOD opened at $9.58 on Wednesday. The stock has a market capitalization of $22.68 billion, a P/E ratio of 8.40, a P/E/G ratio of 0.66 and a beta of 0.58. The company's 50-day simple moving average is $9.02 and its two-hundred day simple moving average is $8.90. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37.

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.

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