Mountain Hill Investment Partners Corp. Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Mountain Hill Investment Partners Corp. bought a new position in Vodafone Group Public Limited (NASDAQ:VOD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 48,682 shares of the cell phone carrier’s stock, valued at approximately $413,000. Vodafone Group Public accounts for approximately 0.4% of Mountain Hill Investment Partners Corp.’s holdings, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VOD. ABC Arbitrage SA acquired a new stake in shares of Vodafone Group Public in the fourth quarter worth $22,646,000. JPMorgan Chase & Co. increased its holdings in Vodafone Group Public by 177.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock valued at $33,632,000 after purchasing an additional 2,145,085 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of Vodafone Group Public by 749.7% during the fourth quarter. Proficio Capital Partners LLC now owns 2,151,935 shares of the cell phone carrier’s stock worth $18,270,000 after purchasing an additional 1,898,663 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vodafone Group Public in the fourth quarter worth about $10,583,000. Finally, Bank of Montreal Can grew its stake in shares of Vodafone Group Public by 12.4% in the third 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 in the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analysts Set New Price Targets

VOD has been the subject of a number of analyst reports. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Finally, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD opened at $9.73 on Monday. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. 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 firm has a market cap of $23.03 billion, a price-to-earnings ratio of 8.54, a PEG ratio of 0.66 and a beta of 0.75. The business’s 50 day moving average is $8.75 and its two-hundred day moving average is $9.06.

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.