Vodafone Group Public Limited (NASDAQ:VOD) Shares Acquired by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust increased its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 912.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,212 shares of the cell phone carrier’s stock after acquiring an additional 6,500 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Vodafone Group Public were worth $61,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. raised its position in Vodafone Group Public by 1.8% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,054,261 shares of the cell phone carrier’s stock valued at $42,911,000 after purchasing an additional 91,010 shares during the period. Bank of Montreal Can raised its holdings in Vodafone Group Public by 12.4% in the 3rd quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock valued at $43,161,000 after buying an additional 472,537 shares during the period. JPMorgan Chase & Co. lifted its position in Vodafone Group Public by 177.1% in the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after buying an additional 2,145,085 shares during the last quarter. Goldentree Asset Management LP increased its position in shares of Vodafone Group Public by 1.9% during 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, ABC Arbitrage SA purchased a new stake in shares of Vodafone Group Public in the 4th quarter valued at approximately $22,646,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Analysts Set New Price Targets

VOD has been the subject of a number of research reports. StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $8.90 on Tuesday. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39. The firm has a 50 day moving average of $8.46 and a two-hundred day moving average of $9.08. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $22.60 billion, a PE ratio of 7.81, a P/E/G ratio of 0.66 and a beta of 0.78.

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.