Vodafone Group Public Sees Unusually Large Options Volume (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VOD) was the target of some unusual options trading activity on Tuesday. Stock investors purchased 18,757 call options on the company. This is an increase of approximately 101% compared to the average volume of 9,323 call options.

Institutional Investors Weigh In On Vodafone Group Public

A number of institutional investors and hedge funds have recently bought and sold shares of VOD. Wellington Management Group LLP purchased a new stake in shares of Vodafone Group Public during the 4th quarter valued at $970,000. Wealth Enhancement Advisory Services LLC raised its position in Vodafone Group Public by 97.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 75,677 shares of the cell phone carrier’s stock valued at $643,000 after purchasing an additional 37,282 shares in the last quarter. Brucke Financial Inc. bought a new stake in Vodafone Group Public during the fourth quarter worth about $114,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Vodafone Group Public by 7.2% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 30,862 shares of the cell phone carrier’s stock worth $269,000 after purchasing an additional 2,076 shares in the last quarter. Finally, WNY Asset Management LLC raised its holdings in shares of Vodafone Group Public by 0.7% during the 4th quarter. WNY Asset Management LLC now owns 350,112 shares of the cell phone carrier’s stock valued at $2,972,000 after buying an additional 2,505 shares in the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VOD. StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday. Bank of America lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Finally, DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Four equities research 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 data from MarketBeat.com, Vodafone Group Public has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $9.29 on Tuesday. The stock has a market cap of $21.99 billion, a P/E ratio of 8.15, a PEG ratio of 0.66 and a beta of 0.75. 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 business’s 50-day moving average price is $8.77 and its two-hundred day moving average price is $9.05. Vodafone Group Public has a twelve month low of $8.00 and a twelve month high of $10.39.

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.