SBI Securities Co. Ltd. Purchases Shares of 55,817 Vodafone Group Public Limited (NASDAQ:VOD)

SBI Securities Co. Ltd. purchased a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the 4th quarter, HoldingsChannel reports. The fund purchased 55,817 shares of the cell phone carrier’s stock, valued at approximately $474,000.

Several other hedge funds have also modified their holdings of VOD. ABC Arbitrage SA acquired a new position in shares of Vodafone Group Public during the fourth quarter valued at about $22,646,000. JPMorgan Chase & Co. increased its holdings in shares of 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. Proficio Capital Partners LLC increased its holdings in shares of Vodafone Group Public by 749.7% during the fourth quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier’s stock valued at $18,270,000 after acquiring an additional 1,898,663 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Vodafone Group Public by 1,119.6% during the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after acquiring an additional 864,924 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of 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. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD opened at $8.88 on Wednesday. Vodafone Group Public Limited has a twelve month low of $8.00 and a twelve month high of $10.39. The company’s 50 day moving average is $8.46 and its 200 day moving average is $9.08. 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 market cap of $22.55 billion, a PE ratio of 7.79, a price-to-earnings-growth ratio of 0.66 and a beta of 0.78.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VOD shares. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.