Grantham Mayo Van Otterloo & Co. LLC Has $123.94 Million Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 18.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 14,598,375 shares of the cell phone carrier’s stock after acquiring an additional 2,238,935 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Vodafone Group Public were worth $123,940,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. ACR Alpine Capital Research LLC increased its position in Vodafone Group Public by 0.4% during the 4th 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. Oppenheimer Asset Management Inc. increased its position in shares of Vodafone Group Public by 1.8% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,054,261 shares of the cell phone carrier’s stock worth $42,911,000 after buying an additional 91,010 shares during the period. JPMorgan Chase & Co. raised its stake in Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock worth $33,632,000 after buying an additional 2,145,085 shares during the last quarter. ABC Arbitrage SA acquired a new position in Vodafone Group Public in the fourth quarter valued at $22,646,000. Finally, Proficio Capital Partners LLC grew its holdings in Vodafone Group Public by 749.7% during the 4th quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier’s stock worth $18,270,000 after acquiring an additional 1,898,663 shares during the period. Institutional investors own 7.84% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on VOD shares. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Finally, Bank of America lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Vodafone Group Public Trading Down 9.3 %

VOD opened at $8.50 on Friday. The firm has a market capitalization of $20.12 billion, a PE ratio of 7.46, a P/E/G ratio of 0.66 and a beta of 0.58. 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 fifty-two week low of $8.00 and a fifty-two week high of $10.39. The company’s 50-day moving average is $8.92 and its 200 day moving average is $9.01.

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.