DRW Securities LLC Buys New Stake in Vodafone Group Public Limited (NASDAQ:VOD)

DRW Securities LLC acquired a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 64,857 shares of the cell phone carrier’s stock, valued at approximately $575,000.

Several other large investors also recently modified their holdings of VOD. Corient Private Wealth LLC grew its stake in Vodafone Group Public by 71.2% during the fourth quarter. Corient Private Wealth LLC now owns 94,616 shares of the cell phone carrier’s stock worth $823,000 after buying an additional 39,355 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Vodafone Group Public by 2.9% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 181,243 shares of the cell phone carrier’s stock valued at $1,577,000 after purchasing an additional 5,101 shares in the last quarter. Commerce Bank boosted its stake in Vodafone Group Public by 81.3% in the fourth quarter. Commerce Bank now owns 28,096 shares of the cell phone carrier’s stock worth $244,000 after purchasing an additional 12,600 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of Vodafone Group Public by 22.8% during the fourth quarter. Advisory Services Network LLC now owns 19,413 shares of the cell phone carrier’s stock worth $169,000 after purchasing an additional 3,598 shares during the last quarter. Finally, IPG Investment Advisors LLC acquired a new stake in shares of Vodafone Group Public in the fourth quarter valued at $119,000. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Trading Up 1.0 %

VOD opened at $10.11 on Tuesday. Vodafone Group Public Limited has a fifty-two week low of $8.02 and a fifty-two week high of $10.39. The company has a market cap of $27.24 billion, a price-to-earnings ratio of 9.19, a price-to-earnings-growth ratio of 1.02 and a beta of 0.77. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29. The firm has a 50 day simple moving average of $9.60 and a 200 day simple moving average of $9.15.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. New Street Research raised shares of Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Vodafone Group Public in a research note on Thursday, June 20th. They set a “buy” rating on the stock. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. Finally, UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued 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” and a consensus target price of $14.45.

Vodafone Group Public 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.