Vodafone Group Public Target of Unusually Large Options Trading (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VOD - Get Free Report) was the recipient of unusually large options trading on Tuesday. Investors acquired 9,044 call options on the company. This is an increase of approximately 163% compared to the average volume of 3,440 call options.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VOD. ACR Alpine Capital Research LLC boosted its stake in shares of Vodafone Group Public by 1.2% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 21,870,016 shares of the cell phone carrier's stock worth $193,987,000 after purchasing an additional 261,060 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in Vodafone Group Public during the third quarter worth approximately $82,716,000. Oppenheimer Asset Management Inc. raised its holdings in Vodafone Group Public by 9.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier's stock valued at $44,214,000 after acquiring an additional 435,877 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Vodafone Group Public by 445.7% during the 2nd quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier's stock worth $34,055,000 after purchasing an additional 3,107,734 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of Vodafone Group Public by 345.2% in the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier's stock valued at $26,786,000 after purchasing an additional 2,346,815 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on VOD shares. StockNews.com upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, August 30th. UBS Group cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Vodafone Group Public presently has a consensus rating of "Moderate Buy".

Vodafone Group Public Stock Down 9.1 %

NASDAQ:VOD traded down $0.85 during mid-day trading on Tuesday, hitting $8.47. 17,722,451 shares of the company's stock traded hands, compared to its average volume of 6,131,373. 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 firm's 50 day simple moving average is $9.76 and its 200 day simple moving average is $9.39. Vodafone Group Public has a 1 year low of $8.02 and a 1 year high of $10.39.

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.