Mediolanum International Funds Ltd Purchases New Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Mediolanum International Funds Ltd bought a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,255,100 shares of the cell phone carrier's stock, valued at approximately $82,716,000. Vodafone Group Public comprises about 1.1% of Mediolanum International Funds Ltd's investment portfolio, making the stock its 18th largest holding. Mediolanum International Funds Ltd owned approximately 0.31% of Vodafone Group Public at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Park Avenue Securities LLC raised its position in Vodafone Group Public by 10.7% during the 1st quarter. Park Avenue Securities LLC now owns 25,450 shares of the cell phone carrier's stock worth $227,000 after buying an additional 2,453 shares during the last quarter. Ballentine Partners LLC lifted its position in Vodafone Group Public by 65.5% during the first quarter. Ballentine Partners LLC now owns 17,758 shares of the cell phone carrier's stock valued at $158,000 after purchasing an additional 7,029 shares during the period. Signet Financial Management LLC grew its position in Vodafone Group Public by 17.5% during the 1st quarter. Signet Financial Management LLC now owns 17,527 shares of the cell phone carrier's stock worth $156,000 after purchasing an additional 2,614 shares during the period. 180 Wealth Advisors LLC raised its stake in shares of Vodafone Group Public by 10.2% during the 1st quarter. 180 Wealth Advisors LLC now owns 28,712 shares of the cell phone carrier's stock valued at $256,000 after buying an additional 2,651 shares during the last quarter. Finally, Vicus Capital acquired a new position in shares of Vodafone Group Public in the 1st quarter valued at about $102,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Price Performance

VOD stock traded down $0.03 during mid-day trading on Friday, reaching $9.48. 3,819,836 shares of the company's stock were exchanged, compared to its average volume of 6,133,513. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39. The stock's 50 day moving average is $9.84 and its 200 day moving average is $9.30. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. UBS Group cut 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 note 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, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

Vodafone Group Public Company 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.