Vodafone Group PLC $VOD Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP raised its holdings in Vodafone Group PLC (NASDAQ:VOD) by 732.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 109,680 shares of the cell phone carrier’s stock after acquiring an additional 96,503 shares during the period. Quantbot Technologies LP’s holdings in Vodafone Group were worth $1,272,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VOD. Sound Income Strategies LLC grew its holdings in Vodafone Group by 3,455.7% in the third quarter. Sound Income Strategies LLC now owns 3,449 shares of the cell phone carrier’s stock valued at $39,000 after purchasing an additional 3,352 shares during the period. Global Retirement Partners LLC raised its stake in Vodafone Group by 36.2% during the third quarter. Global Retirement Partners LLC now owns 6,389 shares of the cell phone carrier’s stock worth $74,000 after purchasing an additional 1,698 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Vodafone Group by 98.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 7,372 shares of the cell phone carrier’s stock valued at $78,000 after purchasing an additional 3,651 shares during the last quarter. Rexford Capital Inc. purchased a new stake in shares of Vodafone Group during the 2nd quarter valued at $89,000. Finally, Baird Financial Group Inc. acquired a new stake in shares of Vodafone Group during the 2nd quarter worth $107,000. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Price Performance

NASDAQ VOD opened at $14.62 on Friday. The company’s fifty day simple moving average is $14.50 and its 200-day simple moving average is $12.82. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.17 and a quick ratio of 1.13. Vodafone Group PLC has a 52 week low of $8.05 and a 52 week high of $15.91.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Zacks Research upgraded Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Wall Street Zen lowered Vodafone Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Barclays upgraded Vodafone Group from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Berenberg Bank upgraded shares of Vodafone Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 7th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Vodafone Group in a research report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $72.00.

Vodafone Group Company Profile

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.