Vodafone Group Public Limited (NASDAQ:VOD) Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership cut its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,427,569 shares of the cell phone carrier’s stock after selling 428,017 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Vodafone Group Public were worth $156,450,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VOD. Smartleaf Asset Management LLC lifted its position in shares of Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after buying an additional 1,899 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Vodafone Group Public by 912.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after acquiring an additional 6,500 shares during the last quarter. Kestra Investment Management LLC acquired a new position in Vodafone Group Public in the fourth quarter valued at approximately $90,000. Strategic Family Wealth Counselors L.L.C. bought a new position in shares of Vodafone Group Public during the fourth quarter valued at approximately $92,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Vodafone Group Public during the 4th quarter worth approximately $93,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on VOD shares. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. Finally, Bank of America cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, March 24th. Four equities research 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 company. According to data from MarketBeat.com, Vodafone Group Public has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of NASDAQ VOD opened at $9.45 on Monday. The stock has a market cap of $22.37 billion, a P/E ratio of 8.29, a P/E/G ratio of 0.66 and a beta of 0.75. The firm’s 50-day simple moving average is $8.85 and its 200 day simple moving average is $9.03. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

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.