Virtu Financial LLC Invests $2.64 Million in Vodafone Group Public Limited (NASDAQ:VOD)

Virtu Financial LLC bought a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 310,717 shares of the cell phone carrier's stock, valued at approximately $2,638,000.

Several other hedge funds also recently bought and sold shares of VOD. ABC Arbitrage SA acquired a new stake in Vodafone Group Public during the fourth quarter worth approximately $22,646,000. JPMorgan Chase & Co. raised its position in shares of Vodafone Group Public by 177.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier's stock worth $33,632,000 after buying an additional 2,145,085 shares during the period. Proficio Capital Partners LLC grew its holdings in shares of Vodafone Group Public by 749.7% during the 4th quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier's stock worth $18,270,000 after purchasing an additional 1,898,663 shares during the period. Raymond James Financial Inc. purchased a new stake in Vodafone Group Public during the fourth quarter worth approximately $10,583,000. Finally, Bank of Montreal Can raised its position in Vodafone Group Public by 12.4% in the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier's stock valued at $43,161,000 after purchasing an additional 472,537 shares during the period. Hedge funds and other institutional investors own 7.84% of the company's stock.

Vodafone Group Public Stock Performance

Shares of VOD stock remained flat at $9.36 during midday trading on Thursday. 9,178,048 shares of the company's stock were exchanged, compared to its average volume of 6,446,361. The business has a 50 day simple moving average of $8.81 and a 200 day simple moving average of $9.05. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The stock has a market capitalization of $22.16 billion, a P/E ratio of 8.21, a P/E/G ratio of 0.66 and a beta of 0.75. Vodafone Group Public Limited has a one year low of $8.00 and a one year high of $10.39.

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Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. The Goldman Sachs Group cut shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, December 9th. Bank of America cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday. StockNews.com lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Monday. 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. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus 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.