Headlands Technologies LLC Decreases Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Headlands Technologies LLC decreased its stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 64.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,308 shares of the cell phone carrier's stock after selling 176,497 shares during the period. Headlands Technologies LLC's holdings in Vodafone Group Public were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VOD. ABC Arbitrage SA acquired a new stake in Vodafone Group Public during the 4th quarter valued at approximately $22,646,000. JPMorgan Chase & Co. boosted its stake 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 valued at $33,632,000 after purchasing an additional 2,145,085 shares during the last quarter. Proficio Capital Partners LLC increased its position in shares of Vodafone Group Public by 749.7% during the fourth quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier's stock worth $18,270,000 after buying an additional 1,898,663 shares during the period. Raymond James Financial Inc. bought a new position in Vodafone Group Public during the fourth quarter worth $10,583,000. Finally, Virtu Financial LLC acquired a new position in Vodafone Group Public in the fourth quarter valued at $2,638,000. 7.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. DZ Bank raised Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. The Goldman Sachs Group downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. Bank of America lowered Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Finally, StockNews.com downgraded shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a research report on Monday, March 24th. 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 MarketBeat.com, Vodafone Group Public currently has a consensus rating of "Moderate Buy".

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Vodafone Group Public Stock Performance

Shares of VOD stock traded down $0.87 during trading on Friday, hitting $8.50. The company's stock had a trading volume of 19,796,526 shares, compared to its average volume of 6,723,235. 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 market cap of $20.12 billion, a PE ratio of 7.46, a P/E/G ratio of 0.66 and a beta of 0.58. The business has a fifty day moving average of $8.92 and a 200-day moving average of $9.01. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week 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.