Vodafone Group Public Limited (NASDAQ:VOD) Shares Acquired by Forum Financial Management LP

Forum Financial Management LP boosted its stake in Vodafone Group Public Limited (NASDAQ:VOD) by 34.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 27,038 shares of the cell phone carrier’s stock after acquiring an additional 6,987 shares during the quarter. Forum Financial Management LP’s holdings in Vodafone Group Public were worth $230,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ABC Arbitrage SA acquired a new stake in shares of Vodafone Group Public in the fourth quarter worth approximately $22,646,000. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in Vodafone Group Public by 18.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock worth $123,940,000 after purchasing an additional 2,238,935 shares during the last quarter. JPMorgan Chase & Co. grew 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 worth $33,632,000 after buying an additional 2,145,085 shares in the last quarter. Proficio Capital Partners LLC raised its position in shares of Vodafone Group Public by 749.7% in 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 buying an additional 1,898,663 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Vodafone Group Public in the fourth quarter worth about $10,583,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on VOD shares. Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Finally, StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, April 18th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Up 3.8 %

Shares of NASDAQ VOD opened at $9.58 on Wednesday. Vodafone Group Public Limited has a 1 year low of $8.00 and a 1 year high of $10.39. The company has a market capitalization of $22.68 billion, a P/E ratio of 8.40, a P/E/G ratio of 0.66 and a beta of 0.58. The company has a 50 day simple moving average of $9.02 and a 200-day simple moving average of $8.90. 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 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.