DRW Securities LLC Buys 49,486 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

DRW Securities LLC raised its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 74.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,742 shares of the cell phone carrier's stock after buying an additional 49,486 shares during the quarter. DRW Securities LLC's holdings in Vodafone Group Public were worth $983,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its position in Vodafone Group Public by 25.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 157,023 shares of the cell phone carrier's stock valued at $1,573,000 after acquiring an additional 31,827 shares during the last quarter. FMR LLC increased its position in Vodafone Group Public by 12.4% during the 3rd quarter. FMR LLC now owns 1,835,411 shares of the cell phone carrier's stock worth $18,391,000 after purchasing an additional 202,339 shares in the last quarter. HighTower Advisors LLC lifted its stake in Vodafone Group Public by 21.3% in the 3rd quarter. HighTower Advisors LLC now owns 407,898 shares of the cell phone carrier's stock valued at $4,086,000 after purchasing an additional 71,695 shares during the last quarter. Quantinno Capital Management LP boosted its position in Vodafone Group Public by 26.1% in the third quarter. Quantinno Capital Management LP now owns 212,543 shares of the cell phone carrier's stock valued at $2,130,000 after buying an additional 44,005 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in Vodafone Group Public by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier's stock valued at $7,796,000 after buying an additional 201,360 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on VOD shares. Bank of America cut shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, March 24th. StockNews.com cut shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a research report on Monday, March 24th. Finally, DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Vodafone Group Public has a consensus rating of "Moderate Buy".

Vodafone Group Public Trading Up 1.6 %

Shares of VOD traded up $0.14 during trading hours on Tuesday, reaching $9.10. 8,036,170 shares of the company traded hands, compared to its average volume of 6,998,955. 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 Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The company's fifty day moving average price is $8.92 and its two-hundred day moving average price is $8.92. The company has a market capitalization of $21.54 billion, a price-to-earnings ratio of 7.98, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

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.