Waterfront Wealth Inc. Acquires 33,556 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Waterfront Wealth Inc. boosted its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 16.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 242,390 shares of the cell phone carrier’s stock after buying an additional 33,556 shares during the period. Waterfront Wealth Inc.’s holdings in Vodafone Group Public were worth $2,058,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in VOD. Creative Planning raised its holdings in Vodafone Group Public by 15.6% in the 3rd quarter. Creative Planning now owns 312,109 shares of the cell phone carrier’s stock valued at $3,127,000 after buying an additional 42,007 shares during the last quarter. Blue Trust Inc. raised its holdings in Vodafone Group Public by 71.1% in the 3rd quarter. Blue Trust Inc. now owns 16,056 shares of the cell phone carrier’s stock valued at $161,000 after buying an additional 6,670 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Vodafone Group Public by 20.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 13,134 shares of the cell phone carrier’s stock valued at $132,000 after buying an additional 2,263 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in Vodafone Group Public in the 3rd quarter valued at approximately $101,000. Finally, Private Advisor Group LLC increased its position in Vodafone Group Public by 4.9% during the 3rd quarter. Private Advisor Group LLC now owns 66,492 shares of the cell phone carrier’s stock valued at $666,000 after purchasing an additional 3,122 shares during the period. Institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

VOD has been the subject of a number of recent analyst reports. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Wednesday. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $8.26 on Friday. 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 debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The company has a 50 day simple moving average of $8.43 and a two-hundred day simple moving average of $9.12.

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.