Wealthfront Advisers LLC Takes $274,000 Position in Vodafone Group Public Limited (NASDAQ:VOD)

Wealthfront Advisers LLC bought a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,245 shares of the cell phone carrier's stock, valued at approximately $274,000.

Other hedge funds have also recently bought and sold shares of the company. Apollon Wealth Management LLC boosted its holdings in Vodafone Group Public by 7.6% during the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier's stock valued at $171,000 after acquiring an additional 1,204 shares during the period. DRW Securities LLC lifted its stake in shares of Vodafone Group Public by 2.2% in the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier's stock valued at $664,000 after buying an additional 1,399 shares during the period. Pitcairn Co. lifted its stake in shares of Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier's stock valued at $155,000 after buying an additional 1,458 shares during the period. Cohen Investment Advisors LLC lifted its stake in shares of Vodafone Group Public by 5.1% in the fourth quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier's stock valued at $301,000 after buying an additional 1,728 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock valued at $41,000 after buying an additional 1,899 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VOD. StockNews.com upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 14th. The Goldman Sachs Group cut shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, December 9th. Finally, DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Vodafone Group Public Price Performance

Shares of VOD traded up $0.03 on Friday, hitting $9.73. The company's stock had a trading volume of 11,088,787 shares, compared to its average volume of 6,367,741. The company has a 50 day moving average price of $8.72 and a 200 day moving average price of $9.07. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39. The company has a market capitalization of $23.03 billion, a PE ratio of 8.54, a PEG ratio of 0.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Vodafone Group Public Company 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.