Managed Asset Portfolios LLC boosted its position in shares of Vodafone Group Plc (NASDAQ:VOD) by 9.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,047,692 shares of the cell phone carrier’s stock after acquiring an additional 87,577 shares during the quarter. Vodafone Group accounts for approximately 4.6% of Managed Asset Portfolios LLC’s investment portfolio, making the stock its 12th biggest holding. Managed Asset Portfolios LLC’s holdings in Vodafone Group were worth $20,860,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Renaissance Technologies LLC raised its position in Vodafone Group by 13.2% during the second quarter. Renaissance Technologies LLC now owns 23,640,311 shares of the cell phone carrier’s stock worth $386,046,000 after acquiring an additional 2,765,455 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Vodafone Group by 196.0% in the second quarter. JPMorgan Chase & Co. now owns 8,312,614 shares of the cell phone carrier’s stock valued at $135,163,000 after purchasing an additional 5,504,606 shares during the period. ACR Alpine Capital Research LLC raised its position in shares of Vodafone Group by 0.6% in the third quarter. ACR Alpine Capital Research LLC now owns 8,299,216 shares of the cell phone carrier’s stock valued at $165,237,000 after purchasing an additional 46,120 shares during the period. Verition Fund Management LLC raised its position in shares of Vodafone Group by 20.2% in the second quarter. Verition Fund Management LLC now owns 6,464,665 shares of the cell phone carrier’s stock valued at $105,568,000 after purchasing an additional 1,088,357 shares during the period. Finally, Delek Group Ltd. raised its position in shares of Vodafone Group by 32.5% in the second quarter. Delek Group Ltd. now owns 1,631,000 shares of the cell phone carrier’s stock valued at $26,673,000 after purchasing an additional 400,000 shares during the period. 7.92% of the stock is currently owned by hedge funds and other institutional investors.

Shares of VOD stock traded down $0.23 on Friday, hitting $20.68. The company’s stock had a trading volume of 3,336,476 shares, compared to its average volume of 4,122,534. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.52 and a current ratio of 1.55. The stock’s 50 day moving average is $20.17 and its 200-day moving average is $18.08. Vodafone Group Plc has a fifty-two week low of $15.53 and a fifty-two week high of $21.73. The company has a market capitalization of $55.81 billion, a PE ratio of 34.47, a PEG ratio of 1.32 and a beta of 0.80.

Several equities analysts have recently weighed in on the stock. Argus increased their price objective on shares of Vodafone Group to $23.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Barclays reissued an “overweight” rating on shares of Vodafone Group in a research report on Wednesday, October 30th. Morgan Stanley assumed coverage on shares of Vodafone Group in a research report on Wednesday, August 7th. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. reissued a “buy” rating and issued a $225.00 price objective on shares of Vodafone Group in a research report on Saturday, November 2nd. Finally, Credit Suisse Group reissued a “buy” rating and issued a $190.00 price objective on shares of Vodafone Group in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $95.78.

Vodafone Group 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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