Wealth Alliance Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Wealth Alliance purchased a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 10,915 shares of the cell phone carrier’s stock, valued at approximately $95,000.

Several other hedge funds have also modified their holdings of VOD. Renaissance Technologies LLC raised its holdings in Vodafone Group Public by 5.7% during the first quarter. Renaissance Technologies LLC now owns 27,537,932 shares of the cell phone carrier’s stock worth $457,680,000 after purchasing an additional 1,487,100 shares during the last quarter. ACR Alpine Capital Research LLC raised its holdings in Vodafone Group Public by 1.4% during the third quarter. ACR Alpine Capital Research LLC now owns 18,895,032 shares of the cell phone carrier’s stock worth $179,125,000 after purchasing an additional 257,892 shares during the last quarter. Morgan Stanley raised its holdings in Vodafone Group Public by 17.5% during the third quarter. Morgan Stanley now owns 12,202,596 shares of the cell phone carrier’s stock worth $115,681,000 after purchasing an additional 1,816,211 shares during the last quarter. ICICI Prudential Asset Management Co Ltd raised its holdings in Vodafone Group Public by 17.8% during the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 9,269,284 shares of the cell phone carrier’s stock worth $80,643,000 after purchasing an additional 1,400,000 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in Vodafone Group Public by 4.3% during the first quarter. Royal Bank of Canada now owns 5,807,331 shares of the cell phone carrier’s stock worth $96,516,000 after purchasing an additional 240,455 shares during the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, February 12th.

Vodafone Group Public Price Performance

NASDAQ VOD opened at $8.34 on Friday. Vodafone Group Public Limited has a fifty-two week low of $8.02 and a fifty-two week high of $12.07. The business has a fifty day moving average of $8.64 and a 200-day moving average of $8.86. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.89 and a quick ratio of 0.86.

Vodafone Group Public 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.