HighPoint Advisor Group LLC Raises Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

HighPoint Advisor Group LLC increased its position in Vodafone Group Public Limited (NASDAQ:VOD) by 12.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,393 shares of the cell phone carrier’s stock after acquiring an additional 2,535 shares during the period. HighPoint Advisor Group LLC’s holdings in Vodafone Group Public were worth $199,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in Vodafone Group Public by 63.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after acquiring an additional 1,899 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Vodafone Group Public by 912.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after purchasing an additional 6,500 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Vodafone Group Public by 84.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 10,598 shares of the cell phone carrier’s stock valued at $87,000 after buying an additional 4,846 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Vodafone Group Public during the 4th quarter valued at $90,000. Finally, Strategic Family Wealth Counselors L.L.C. purchased a new position in Vodafone Group Public during the fourth quarter worth $92,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, March 24th. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Finally, Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Vodafone Group Public has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

NASDAQ VOD opened at $8.50 on Friday. The business’s 50-day moving average price is $8.92 and its 200 day moving average price is $9.01. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a twelve month low of $8.00 and a twelve month high of $10.39. The company has a market capitalization of $20.12 billion, a PE ratio of 7.46, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

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.