Vodafone Group Plc (NASDAQ:VOD) Holdings Boosted by Private Capital Group LLC

Private Capital Group LLC grew its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 106.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,371 shares of the cell phone carrier’s stock after buying an additional 3,278 shares during the quarter. Private Capital Group LLC’s holdings in Vodafone Group were worth $116,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Federated Investors Inc. PA raised its holdings in shares of Vodafone Group by 4.9% during the third quarter. Federated Investors Inc. PA now owns 7,414,509 shares of the cell phone carrier’s stock valued at $160,894,000 after purchasing an additional 343,108 shares during the period. Deutsche Bank AG increased its position in shares of Vodafone Group by 118.0% during the fourth quarter. Deutsche Bank AG now owns 3,674,751 shares of the cell phone carrier’s stock worth $70,845,000 after acquiring an additional 1,989,173 shares in the last quarter. OLD Mission Capital LLC bought a new stake in shares of Vodafone Group during the fourth quarter worth about $59,733,000. Oppenheimer Asset Management Inc. increased its position in shares of Vodafone Group by 22.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 2,801,100 shares of the cell phone carrier’s stock worth $50,925,000 after acquiring an additional 522,182 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc increased its position in shares of Vodafone Group by 36.1% during the fourth quarter. Schafer Cullen Capital Management Inc now owns 1,548,446 shares of the cell phone carrier’s stock worth $29,854,000 after acquiring an additional 411,110 shares in the last quarter. 8.11% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ VOD traded down $0.12 on Wednesday, hitting $15.85. The stock had a trading volume of 4,138,090 shares, compared to its average volume of 5,032,270. Vodafone Group Plc has a 52-week low of $15.70 and a 52-week high of $26.90. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.55 and a quick ratio of 1.27. The stock has a market capitalization of $42.60 billion, a PE ratio of 26.42, a P/E/G ratio of 1.84 and a beta of 0.73.

Several research firms have recently commented on VOD. Macquarie raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, March 20th. BidaskClub raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a research report on Saturday, March 16th. Zacks Investment Research raised shares of Vodafone Group from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Thursday, March 28th. Argus reduced their price objective on shares of Vodafone Group to $21.00 and set a “buy” rating for the company in a research report on Wednesday, March 13th. Finally, Bank of America raised shares of Vodafone Group from a “neutral” rating to a “buy” rating and set a $18.50 price objective for the company in a research report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $25.13.

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Vodafone Group Company 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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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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