Virtu Financial LLC Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Virtu Financial LLC purchased a new stake in Vodafone Group Public Limited (NASDAQ:VOD) during the 4th quarter, HoldingsChannel reports. The fund purchased 310,717 shares of the cell phone carrier’s stock, valued at approximately $2,638,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VOD. ACR Alpine Capital Research LLC grew its stake in Vodafone Group Public by 0.4% during the fourth quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier’s stock valued at $186,834,000 after acquiring an additional 97,636 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Vodafone Group Public by 1.8% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,054,261 shares of the cell phone carrier’s stock valued at $42,911,000 after acquiring an additional 91,010 shares in the last quarter. Bank of Montreal Can grew its stake in Vodafone Group Public by 12.4% during the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock valued at $43,161,000 after acquiring an additional 472,537 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after acquiring an additional 2,145,085 shares in the last quarter. Finally, Goldentree Asset Management LP grew its stake in Vodafone Group Public by 1.9% during the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after acquiring an additional 60,943 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on VOD. 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. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 14th. Finally, DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Two equities research 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

VOD stock opened at $9.73 on Friday. The stock has a market cap of $23.03 billion, a PE ratio of 8.54, a P/E/G 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 Limited has a one year low of $8.00 and a one year high of $10.39. The firm has a 50 day simple moving average of $8.75 and a two-hundred day simple moving average of $9.06.

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.