Arrowstreet Capital Limited Partnership Cuts Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

Arrowstreet Capital Limited Partnership lessened its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,427,569 shares of the cell phone carrier’s stock after selling 428,017 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.73% of Vodafone Group Public worth $156,450,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its holdings in Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after buying an additional 1,899 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock valued at $61,000 after acquiring an additional 6,500 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Vodafone Group Public during the 4th quarter valued at $90,000. Strategic Family Wealth Counselors L.L.C. purchased a new stake in Vodafone Group Public during the 4th quarter worth $92,000. Finally, Aigen Investment Management LP acquired a new stake in Vodafone Group Public in the 4th quarter valued at $93,000. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Shares of VOD opened at $9.45 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 $22.37 billion, a price-to-earnings ratio of 8.29, a PEG ratio of 0.66 and a beta of 0.75. The business’s 50 day moving average is $8.85 and its two-hundred day moving average is $9.03.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Monday, March 24th. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. Finally, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently 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.