Wellington Management Group LLP Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Wellington Management Group LLP bought a new stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 114,300 shares of the cell phone carrier's stock, valued at approximately $970,000.

Other institutional investors have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC increased its position in shares of Vodafone Group Public by 84.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier's stock valued at $87,000 after acquiring an additional 4,846 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in shares of Vodafone Group Public by 115.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 28,668 shares of the cell phone carrier's stock valued at $243,000 after buying an additional 15,332 shares during the last quarter. Congress Wealth Management LLC DE raised its position in Vodafone Group Public by 3.1% during the fourth quarter. Congress Wealth Management LLC DE now owns 152,824 shares of the cell phone carrier's stock worth $1,297,000 after acquiring an additional 4,530 shares in the last quarter. Mountain Hill Investment Partners Corp. acquired a new position in shares of Vodafone Group Public during the 4th quarter worth about $413,000. Finally, Samalin Investment Counsel LLC acquired a new stake in Vodafone Group Public in the 4th quarter valued at about $109,000. Institutional investors own 7.84% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Bank of America cut shares of 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 investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD traded up $0.14 on Friday, reaching $9.31. 10,189,894 shares of the company's stock were exchanged, compared to its average volume of 7,064,885. The company has a market capitalization of $22.05 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 0.66 and a beta of 0.58. Vodafone Group Public Limited has a twelve month low of $8.00 and a twelve month 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 fifty day moving average of $8.96 and a 200-day moving average 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.