Northwestern Mutual Wealth Management Co. Has $1.02 Million Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Northwestern Mutual Wealth Management Co. raised its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 102.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,894 shares of the cell phone carrier's stock after acquiring an additional 58,142 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Vodafone Group Public were worth $1,019,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in Vodafone Group Public by 116.7% in the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier's stock worth $35,000 after purchasing an additional 2,102 shares during the period. Asset Dedication LLC lifted its stake in Vodafone Group Public by 630.9% in the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier's stock valued at $41,000 after buying an additional 4,000 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Vodafone Group Public in the first quarter valued at $46,000. Hexagon Capital Partners LLC lifted its stake in Vodafone Group Public by 230.9% in the first 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 last quarter. Finally, Rothschild Investment LLC bought a new stake in Vodafone Group Public in the second quarter valued at $49,000. Institutional investors and hedge funds own 7.84% of the company's stock.

Wall Street Analysts Forecast Growth

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

Vodafone Group Public Stock Performance

NASDAQ:VOD traded up $0.03 on Monday, hitting $9.69. 2,747,172 shares of the company's stock traded hands, compared to its average volume of 6,330,271. 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 1 year low of $8.02 and a 1 year high of $10.39. The firm has a 50-day moving average price of $9.74 and a 200-day moving average price of $9.22.

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.