Quinn Opportunity Partners LLC Buys Shares of 128,940 Vodafone Group Public Limited (NASDAQ:VOD)

Quinn Opportunity Partners LLC purchased a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 128,940 shares of the cell phone carrier’s stock, valued at approximately $1,095,000.

Other large investors have also recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC raised its position in Vodafone Group Public by 0.4% in the fourth quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier’s stock valued at $186,834,000 after purchasing an additional 97,636 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of Vodafone Group Public by 18.1% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock valued at $123,940,000 after buying an additional 2,238,935 shares during the period. Renaissance Technologies LLC lifted its stake in Vodafone Group Public by 2.9% during the 4th quarter. Renaissance Technologies LLC now owns 9,027,376 shares of the cell phone carrier’s stock worth $76,642,000 after acquiring an additional 255,623 shares in the last quarter. Bank of Montreal Can grew its position in Vodafone Group Public by 28.2% in the 4th quarter. Bank of Montreal Can now owns 5,483,837 shares of the cell phone carrier’s stock valued at $46,558,000 after acquiring an additional 1,206,256 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Vodafone Group Public by 12.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,429,784 shares of the cell phone carrier’s stock worth $46,099,000 after purchasing an additional 601,151 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Bank of America lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Finally, StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Up 3.3 %

VOD stock opened at $8.73 on Friday. The company has a market cap of $20.67 billion, a price-to-earnings ratio of 7.66, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. The company has a fifty day moving average price of $8.91 and a 200 day moving average price of $8.93. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39.

Vodafone Group Public Profile

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.