Vodafone Group Plc (NASDAQ:VOD) Stock Position Lowered by Quantitative Systematic Strategies LLC

Quantitative Systematic Strategies LLC lessened its position in Vodafone Group Plc (NASDAQ:VOD) by 43.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,186 shares of the cell phone carrier’s stock after selling 19,725 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in Vodafone Group were worth $431,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in VOD. Bank of New York Mellon Corp lifted its position in Vodafone Group by 120.3% in the 1st quarter. Bank of New York Mellon Corp now owns 5,339,240 shares of the cell phone carrier’s stock worth $98,403,000 after buying an additional 2,916,006 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Vodafone Group by 940.8% in the 1st quarter. Russell Investments Group Ltd. now owns 2,955,324 shares of the cell phone carrier’s stock worth $54,464,000 after buying an additional 2,671,389 shares in the last quarter. Morgan Stanley lifted its position in Vodafone Group by 23.7% in the 1st quarter. Morgan Stanley now owns 8,324,013 shares of the cell phone carrier’s stock worth $153,411,000 after buying an additional 1,596,160 shares in the last quarter. ACR Alpine Capital Research LLC lifted its position in Vodafone Group by 17.7% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 9,818,473 shares of the cell phone carrier’s stock worth $168,190,000 after buying an additional 1,478,299 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Vodafone Group during the 1st quarter worth $19,560,000. Institutional investors own 8.51% of the company’s stock.

NASDAQ:VOD opened at $15.95 on Thursday. Vodafone Group Plc has a 1 year low of $13.14 and a 1 year high of $20.36. The firm’s fifty day simple moving average is $16.61 and its 200 day simple moving average is $17.83. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $44.13 billion, a PE ratio of 16.97, a PEG ratio of 4.42 and a beta of 0.99.

Several research analysts have recently commented on VOD shares. Morgan Stanley restated an “overweight” rating on shares of Vodafone Group in a research note on Thursday, July 29th. Barclays restated an “overweight” rating on shares of Vodafone Group in a research note on Monday, July 26th. Zacks Investment Research upgraded shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Sanford C. Bernstein started coverage on shares of Vodafone Group in a research note on Tuesday, September 7th. They set an “outperform” rating on the stock. Finally, Bank of America restated a “buy” rating on shares of Vodafone Group in a research note on Thursday, September 16th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $18.34.

Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe and internationally. The firms offers mobile services that enable customers to call, text and access data, fixed line services, including broadband, television (TV) offerings, and voice and convergence services under the GigaKombi and Vodafone One names to customers.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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