Bank of Montreal Can Grows Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Bank of Montreal Can raised its stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 445.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,805,044 shares of the cell phone carrier's stock after acquiring an additional 3,107,734 shares during the period. Bank of Montreal Can owned approximately 0.14% of Vodafone Group Public worth $34,055,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of VOD. GAMMA Investing LLC increased its holdings in shares of Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier's stock worth $35,000 after buying an additional 2,102 shares during the last quarter. Asset Dedication LLC boosted its stake in shares of Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier's stock worth $41,000 after purchasing an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of Vodafone Group Public during the 1st quarter worth about $46,000. Hexagon Capital Partners LLC boosted its position in Vodafone Group Public by 230.9% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier's stock valued at $48,000 after buying an additional 3,775 shares during the period. Finally, Rothschild Investment LLC purchased a new stake in Vodafone Group Public in the 2nd quarter valued at about $49,000. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Price Performance

Shares of NASDAQ VOD traded up $0.05 during trading hours on Friday, hitting $10.09. 693,660 shares of the stock were exchanged, compared to its average volume of 6,398,605. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.39. The firm has a fifty day moving average price of $9.66 and a 200-day moving average price of $9.17.

Wall Street Analysts Forecast Growth

VOD has been the subject of several research reports. Deutsche Bank Aktiengesellschaft started coverage on shares of Vodafone Group Public in a research report on Thursday, June 20th. They issued a "buy" rating for the company. New Street Research upgraded shares of Vodafone Group Public to a "strong-buy" rating in a report on Monday, July 8th. StockNews.com upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, August 30th. Finally, UBS Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, August 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Vodafone Group Public presently has a consensus rating of "Moderate Buy" and an average price target of $14.45.

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.