31,886 Shares in Vodafone Group Public Limited (NASDAQ:VOD) Purchased by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. bought a new position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,886 shares of the cell phone carrier's stock, valued at approximately $271,000.

Other hedge funds also recently made changes to their positions in the company. CENTRAL TRUST Co grew its holdings in Vodafone Group Public by 37.8% during the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier's stock worth $55,000 after acquiring an additional 1,513 shares during the last quarter. Kestra Investment Management LLC bought a new position in shares of Vodafone Group Public during the 4th quarter worth approximately $90,000. Point72 Asia Singapore Pte. Ltd. grew its position in shares of Vodafone Group Public by 627.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier's stock worth $97,000 after buying an additional 8,324 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of Vodafone Group Public during the 3rd quarter valued at $101,000. Finally, Entropy Technologies LP acquired a new stake in Vodafone Group Public in the fourth quarter worth $110,000. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on VOD shares. The Goldman Sachs Group downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, December 9th. StockNews.com lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. 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 company. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

Vodafone Group Public Stock Performance

Shares of Vodafone Group Public stock traded up $0.21 during mid-day trading on Tuesday, hitting $8.79. 6,765,305 shares of the stock were exchanged, compared to its average volume of 8,906,234. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The company has a 50-day simple moving average of $8.42 and a 200 day simple moving average of $9.11. The company has a market capitalization of $22.31 billion, a P/E ratio of 7.71, a P/E/G ratio of 0.66 and a beta of 0.78. 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.