Icon Advisers Inc. Co. Has $3.51 Million Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Icon Advisers Inc. Co. increased its position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 413,700 shares of the cell phone carrier's stock after buying an additional 49,400 shares during the period. Icon Advisers Inc. Co.'s holdings in Vodafone Group Public were worth $3,512,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its position in shares of Vodafone Group Public by 63.7% in the 4th 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 last quarter. Parkside Financial Bank & Trust increased its holdings in Vodafone Group Public by 912.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier's stock valued at $61,000 after buying an additional 6,500 shares during the last quarter. Savvy Advisors Inc. bought a new position in Vodafone Group Public during the 4th quarter worth approximately $89,000. Kestra Investment Management LLC bought a new stake in shares of Vodafone Group Public in the 4th quarter valued at approximately $90,000. Finally, CIBC Private Wealth Group LLC lifted its stake in Vodafone Group Public by 84.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier's stock worth $87,000 after purchasing an additional 4,846 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, March 24th. DZ Bank raised Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Finally, StockNews.com cut shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Vodafone Group Public Price Performance

Shares of NASDAQ VOD traded up $0.14 during midday trading on Friday, reaching $9.31. The company's stock had a trading volume of 10,189,894 shares, compared to its average volume of 7,064,885. The company has a market cap of $22.05 billion, a price-to-earnings 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 one year low of $8.00 and a one year high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The company has a 50 day moving average price of $8.96 and a 200 day moving average price of $8.91.

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.