Kestra Investment Management LLC Invests $90,000 in Vodafone Group Public Limited (NASDAQ:VOD)

Kestra Investment Management LLC bought a new position in Vodafone Group Public Limited (NASDAQ:VOD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,561 shares of the cell phone carrier’s stock, valued at approximately $90,000.

Other institutional investors have also made changes to their positions in the company. Stifel Financial Corp increased its position in shares of Vodafone Group Public by 34.9% in the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock worth $7,796,000 after acquiring an additional 201,360 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Vodafone Group Public by 1,119.6% in the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after acquiring an additional 864,924 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Vodafone Group Public in the third quarter worth approximately $7,482,000. Goldentree Asset Management LP increased its position in shares of Vodafone Group Public by 1.9% in the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock worth $32,898,000 after acquiring an additional 60,943 shares in the last quarter. Finally, Lester Murray Antman dba SimplyRich purchased a new position in shares of Vodafone Group Public in the fourth quarter worth approximately $295,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Price Performance

VOD stock opened at $8.26 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The firm has a 50 day simple moving average of $8.43 and a 200 day simple moving average of $9.12. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39.

Analyst Upgrades and Downgrades

VOD has been the subject of several research reports. The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. StockNews.com cut shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Wednesday. Three 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 stock currently has a consensus 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.