Investors Purchase High Volume of Call Options on Vodafone Group Public (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of unusually large options trading activity on Tuesday. Investors bought 9,044 call options on the company. This represents an increase of 163% compared to the typical volume of 3,440 call options.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in Vodafone Group Public by 116.7% during the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after purchasing an additional 2,102 shares in the last quarter. Asset Dedication LLC boosted its holdings in Vodafone Group Public by 630.9% in the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after buying an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in Vodafone Group Public during the first quarter valued at about $46,000. Trust Co. of Vermont lifted its position in shares of Vodafone Group Public by 1,493.2% in the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after acquiring an additional 4,405 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in shares of Vodafone Group Public in the second quarter worth about $49,000. Institutional investors own 7.84% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on VOD. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Vodafone Group Public has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of Vodafone Group Public stock opened at $8.75 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public has a 1-year low of $8.02 and a 1-year high of $10.39. The company’s fifty day simple moving average is $9.71 and its 200-day simple moving average is $9.39.

Vodafone Group Public Company 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.