Ingalls & Snyder LLC Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Ingalls & Snyder LLC purchased a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the fourth quarter, Holdings Channel reports. The firm purchased 14,238 shares of the cell phone carrier’s stock, valued at approximately $121,000.

Other large investors have also made changes to their positions in the company. Stifel Financial Corp grew its position in shares of Vodafone Group Public by 34.9% in the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after purchasing an additional 201,360 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Vodafone Group Public by 1,119.6% in the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after acquiring an additional 864,924 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Vodafone Group Public in the third quarter valued at approximately $7,482,000. Goldentree Asset Management LP lifted its holdings in Vodafone Group Public by 1.9% in 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 during the last quarter. Finally, Lester Murray Antman dba SimplyRich acquired a new position in Vodafone Group Public in the fourth quarter valued at approximately $295,000. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Price Performance

VOD opened at $8.36 on Friday. 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 business’s 50 day moving average price is $8.48 and its 200 day moving average price is $9.15. Vodafone Group Public Limited has a one year low of $8.00 and a one year high of $10.39.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average 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.