Vodafone Group Plc (NASDAQ:VOD) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its holdings in Vodafone Group Plc (NASDAQ:VOD) by 2,706.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,105,548 shares of the cell phone carrier’s stock after purchasing an additional 1,066,148 shares during the period. Russell Investments Group Ltd.’s holdings in Vodafone Group were worth $22,011,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Wetherby Asset Management Inc. raised its holdings in shares of Vodafone Group by 65.2% in the 3rd quarter. Wetherby Asset Management Inc. now owns 40,976 shares of the cell phone carrier’s stock valued at $816,000 after buying an additional 16,178 shares during the period. Cozad Asset Management Inc. purchased a new stake in shares of Vodafone Group in the 3rd quarter valued at $204,000. Beutel Goodman & Co Ltd. purchased a new stake in shares of Vodafone Group in the 3rd quarter valued at $12,330,000. ACR Alpine Capital Research LLC raised its holdings in shares of Vodafone Group by 0.6% in the 3rd quarter. ACR Alpine Capital Research LLC now owns 8,299,216 shares of the cell phone carrier’s stock valued at $165,237,000 after buying an additional 46,120 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of Vodafone Group in the 3rd quarter valued at $241,000. 7.92% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ VOD traded down $0.23 during trading hours on Friday, hitting $20.68. 3,336,400 shares of the company were exchanged, compared to its average volume of 4,122,533. Vodafone Group Plc has a 52-week low of $15.53 and a 52-week high of $21.73. The company has a 50 day moving average of $20.19 and a two-hundred day moving average of $18.09. The company has a quick ratio of 1.52, a current ratio of 1.55 and a debt-to-equity ratio of 0.77. The firm has a market cap of $55.81 billion, a price-to-earnings ratio of 34.47, a PEG ratio of 1.32 and a beta of 0.80.

Several equities research analysts recently issued reports on VOD shares. UBS Group reiterated a “buy” rating on shares of Vodafone Group in a report on Friday. BNP Paribas upgraded Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 11th. Zacks Investment Research restated a “buy” rating and set a $23.00 price target on shares of Vodafone Group in a report on Saturday, October 19th. Bank of America restated a “buy” rating on shares of Vodafone Group in a report on Thursday, August 1st. Finally, Morgan Stanley assumed coverage on Vodafone Group in a report on Wednesday, August 7th. They set an “overweight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $95.78.

Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

Recommended Story: Technical Analysis

Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group Plc (NASDAQ:VOD).

Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.