Tower Research Capital LLC TRC Increases Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Tower Research Capital LLC TRC raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 1,260.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 326,147 shares of the cell phone carrier's stock after purchasing an additional 302,170 shares during the quarter. Tower Research Capital LLC TRC's holdings in Vodafone Group Public were worth $2,769,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quadrant Capital Group LLC raised its stake in shares of Vodafone Group Public by 11.2% in the fourth quarter. Quadrant Capital Group LLC now owns 14,409 shares of the cell phone carrier's stock worth $123,000 after buying an additional 1,454 shares during the period. Cohen Investment Advisors LLC raised its stake in Vodafone Group Public by 5.1% during the 4th quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier's stock worth $301,000 after acquiring an additional 1,728 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock worth $41,000 after purchasing an additional 1,899 shares during the period. SOL Capital Management CO increased its stake in shares of Vodafone Group Public by 14.1% in the fourth quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier's stock worth $138,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Fidelis Capital Partners LLC raised its position in shares of Vodafone Group Public by 4.2% during the 4th quarter. Fidelis Capital Partners LLC now owns 49,885 shares of the cell phone carrier's stock valued at $424,000 after purchasing an additional 2,033 shares during the period. Hedge funds and other institutional investors own 7.84% of the company's stock.

Wall Street Analyst Weigh In

VOD has been the subject of a number of analyst reports. StockNews.com upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, April 18th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Vodafone Group Public in a research note on Wednesday. Bank of America downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Finally, DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Vodafone Group Public presently has an average rating of "Moderate Buy".

Vodafone Group Public Price Performance

NASDAQ VOD traded up $0.01 during trading on Thursday, hitting $9.31. 13,495,070 shares of the stock traded hands, compared to its average volume of 7,159,984. The company has a market capitalization of $22.04 billion, a P/E ratio of 8.17, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39. The firm has a 50-day simple moving average of $9.05 and a 200-day simple moving average of $8.90. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

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.