Renaissance Technologies LLC Has $76.64 Million Position in Vodafone Group Public Limited (NASDAQ:VOD)

Renaissance Technologies LLC grew its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 2.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,027,376 shares of the cell phone carrier's stock after buying an additional 255,623 shares during the period. Renaissance Technologies LLC owned approximately 0.36% of Vodafone Group Public worth $76,642,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. ABC Arbitrage SA acquired a new stake in shares of Vodafone Group Public during the fourth quarter worth $22,646,000. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of Vodafone Group Public by 18.1% during the fourth 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 buying an additional 2,238,935 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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 valued at $33,632,000 after buying an additional 2,145,085 shares during the last quarter. Proficio Capital Partners LLC boosted its position in 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 acquiring an additional 1,898,663 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Vodafone Group Public in the fourth quarter valued at approximately $10,583,000. Institutional investors own 7.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. StockNews.com lowered shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Finally, Bank of America lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report 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 stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Vodafone Group Public Stock Performance

NASDAQ:VOD traded up $0.15 on Tuesday, hitting $9.11. The company's stock had a trading volume of 7,842,917 shares, compared to its average volume of 6,998,183. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a one year low of $8.00 and a one year high of $10.39. The stock has a fifty day moving average of $8.92 and a two-hundred day moving average of $8.92. The firm has a market capitalization 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.

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.