74,965 Shares in Vodafone Group Public Limited (NASDAQ:VOD) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 74,965 shares of the cell phone carrier's stock, valued at approximately $7,482,000.

Several other hedge funds and other institutional investors have also modified their holdings of VOD. ACR Alpine Capital Research LLC raised its stake in shares of Vodafone Group Public by 1.2% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 21,870,016 shares of the cell phone carrier's stock valued at $193,987,000 after acquiring an additional 261,060 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Vodafone Group Public by 9.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier's stock valued at $44,214,000 after purchasing an additional 435,877 shares during the period. Bank of Montreal Can lifted its stake in shares of Vodafone Group Public by 445.7% in the second quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier's stock worth $34,055,000 after buying an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Vodafone Group Public by 345.2% during the 2nd quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier's stock worth $26,786,000 after buying an additional 2,346,815 shares during the period. Finally, Clifford Capital Partners LLC raised its holdings in Vodafone Group Public by 30.1% in the 2nd quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier's stock worth $17,848,000 after acquiring an additional 465,802 shares during the period. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD traded up $0.07 on Friday, hitting $9.34. 3,550,917 shares of the company were exchanged, compared to its average volume of 6,116,946. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. The company's 50 day moving average price is $9.82 and its two-hundred day moving average price is $9.33. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $10.39.

Wall Street Analyst Weigh In

VOD has been the topic of several research analyst reports. StockNews.com raised Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, August 30th. UBS Group lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, August 5th. Finally, New Street Research upgraded Vodafone Group Public to a "strong-buy" rating in a report on Monday, July 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

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.