1,246,470 Shares in Vodafone Group Public Limited (NASDAQ:VOD) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the fourth quarter, Holdings Channel reports. The fund purchased 1,246,470 shares of the cell phone carrier’s stock, valued at approximately $10,583,000.

Several other institutional investors and hedge funds also recently modified their holdings of VOD. Natixis Advisors LLC increased its stake in shares of Vodafone Group Public by 46.0% during the third quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier’s stock valued at $1,521,000 after acquiring an additional 47,788 shares during the period. Caprock Group LLC lifted its holdings in shares of Vodafone Group Public by 4.0% in the third quarter. Caprock Group LLC now owns 144,014 shares of the cell phone carrier’s stock valued at $1,443,000 after buying an additional 5,496 shares during the period. Prospera Private Wealth LLC boosted its stake in Vodafone Group Public by 28.1% during the third quarter. Prospera Private Wealth LLC now owns 22,267 shares of the cell phone carrier’s stock valued at $223,000 after buying an additional 4,884 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Vodafone Group Public by 46.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,639 shares of the cell phone carrier’s stock worth $1,580,000 after acquiring an additional 50,000 shares during the period. Finally, Advisors Asset Management Inc. raised its position in Vodafone Group Public by 9.5% in the third quarter. Advisors Asset Management Inc. now owns 111,808 shares of the cell phone carrier’s stock worth $1,120,000 after acquiring an additional 9,714 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

NASDAQ VOD opened at $9.70 on Friday. Vodafone Group Public Limited has a 1 year low of $8.00 and a 1 year high of $10.39. The stock’s 50-day moving average price is $8.72 and its two-hundred day moving average price is $9.07. The company has a market cap of $22.96 billion, a PE ratio of 8.51, a PEG ratio of 0.66 and a beta of 0.75. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Analyst Ratings Changes

Several research firms have recently weighed in on VOD. The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Finally, StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus 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.