Congress Wealth Management LLC DE Purchases 4,530 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Congress Wealth Management LLC DE grew its position in Vodafone Group Public Limited (NASDAQ:VOD) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 152,824 shares of the cell phone carrier’s stock after purchasing an additional 4,530 shares during the period. Congress Wealth Management LLC DE’s holdings in Vodafone Group Public were worth $1,297,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VOD. Pitcairn Co. boosted its stake in shares of Vodafone Group Public by 10.4% during the 3rd quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock worth $155,000 after buying an additional 1,458 shares during the last quarter. Cohen Investment Advisors LLC raised its holdings in Vodafone Group Public by 5.1% during the fourth quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier’s stock worth $301,000 after acquiring an additional 1,728 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 1,899 shares in the last quarter. SOL Capital Management CO increased its position in shares of Vodafone Group Public by 14.1% during the 4th quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier’s stock worth $138,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Fidelis Capital Partners LLC raised its stake in shares of Vodafone Group Public by 4.2% during the 4th quarter. Fidelis Capital Partners LLC now owns 49,885 shares of the cell phone carrier’s stock worth $424,000 after purchasing an additional 2,033 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Price Performance

Shares of VOD opened at $9.36 on Friday. The firm has a market capitalization of $22.16 billion, a PE ratio of 8.21, a PEG 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. The company’s 50-day moving average is $8.83 and its 200-day moving average is $9.05. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VOD. StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Finally, Bank of America lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public currently has a consensus rating of “Moderate Buy”.

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.