Quinn Opportunity Partners LLC Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Quinn Opportunity Partners LLC acquired a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 128,940 shares of the cell phone carrier's stock, valued at approximately $1,095,000.

A number of other hedge funds also recently bought and sold shares of the business. ABC Arbitrage SA purchased a new position in shares of Vodafone Group Public during the fourth quarter valued at approximately $22,646,000. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Vodafone Group Public by 18.1% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier's stock worth $123,940,000 after purchasing an additional 2,238,935 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier's stock valued at $33,632,000 after buying an additional 2,145,085 shares during the period. Proficio Capital Partners LLC lifted its holdings in Vodafone Group Public by 749.7% in the fourth quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier's stock worth $18,270,000 after buying an additional 1,898,663 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Vodafone Group Public during the 4th quarter worth approximately $10,583,000. Hedge funds and other institutional investors own 7.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. StockNews.com lowered shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. Finally, Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of "Moderate Buy".

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Vodafone Group Public Stock Up 1.7 %

Shares of NASDAQ:VOD traded up $0.15 during trading on Tuesday, reaching $9.11. 10,889,507 shares of the stock traded hands, compared to its average volume of 7,015,758. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The stock has a market cap of $21.57 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. The stock has a 50-day moving average of $8.92 and a two-hundred day moving average of $8.92. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37.

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.