Blankinship & Foster LLC Buys New Position in Vodafone Group Public Limited (NASDAQ:VOD)

Blankinship & Foster LLC bought a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 20,912 shares of the cell phone carrier’s stock, valued at approximately $178,000.

A number of other institutional investors have also added to or reduced their stakes in the company. ACR Alpine Capital Research LLC raised its holdings 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 worth $186,834,000 after purchasing an additional 97,636 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in Vodafone Group Public by 1.8% in 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 purchasing an additional 91,010 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of Vodafone Group Public by 12.4% during the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock valued at $43,161,000 after acquiring an additional 472,537 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $33,632,000 after acquiring an additional 2,145,085 shares in the last quarter. Finally, Goldentree Asset Management LP increased its holdings in shares of Vodafone Group Public by 1.9% during the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after acquiring an additional 60,943 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Up 4.6 %

Vodafone Group Public stock opened at $9.42 on Friday. 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 one year low of $8.00 and a one year high of $10.39. The stock has a market capitalization of $23.92 billion, a PE ratio of 8.26, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The business’s fifty day moving average is $8.51 and its 200 day moving average is $9.08.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VOD. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

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.