Cetera Investment Advisers Raises Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Cetera Investment Advisers lifted its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 13.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 513,373 shares of the cell phone carrier’s stock after purchasing an additional 61,576 shares during the period. Cetera Investment Advisers’ holdings in Vodafone Group Public were worth $4,359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. ACR Alpine Capital Research LLC grew its holdings in shares of Vodafone Group Public by 0.4% in the 4th quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier’s stock worth $186,834,000 after acquiring an additional 97,636 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Vodafone Group Public by 18.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock valued at $123,940,000 after buying an additional 2,238,935 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Vodafone Group Public by 2.9% during the 4th quarter. Renaissance Technologies LLC now owns 9,027,376 shares of the cell phone carrier’s stock valued at $76,642,000 after buying an additional 255,623 shares during the last quarter. Bank of Montreal Can grew its holdings in Vodafone Group Public by 28.2% during the 4th quarter. Bank of Montreal Can now owns 5,483,837 shares of the cell phone carrier’s stock valued at $46,558,000 after buying an additional 1,206,256 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Vodafone Group Public by 12.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,429,784 shares of the cell phone carrier’s stock valued at $46,099,000 after buying an additional 601,151 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Trading Down 0.2%

Shares of VOD opened at $9.04 on Thursday. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $22.57 billion, a P/E ratio of 7.93, a price-to-earnings-growth ratio of 0.66 and a beta of 0.61. The stock’s fifty day simple moving average is $9.25 and its 200 day simple moving average is $8.88. Vodafone Group Public Limited has a twelve month low of $8.00 and a twelve month high of $10.39.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Bank of America lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Vodafone Group Public in a research note on Wednesday, April 23rd. Finally, StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Saturday, April 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.