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.
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.
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