Blankinship & Foster LLC Acquires New Position in Vodafone Group Public Limited (NASDAQ:VOD)

Blankinship & Foster LLC acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 20,912 shares of the cell phone carrier’s stock, valued at approximately $178,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its position in shares of Vodafone Group Public by 63.7% during 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 boosted its stake in Vodafone Group Public by 912.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after buying an additional 6,500 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its stake in Vodafone Group Public by 627.3% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after buying an additional 8,324 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in Vodafone Group Public in the fourth quarter worth approximately $90,000. Finally, Strategic Family Wealth Counselors L.L.C. purchased a new stake in Vodafone Group Public in the fourth quarter worth approximately $92,000. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Price Performance

Shares of Vodafone Group Public stock opened at $9.42 on Friday. 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 company has a market cap of $23.92 billion, a PE ratio of 8.26, a P/E/G ratio of 0.66 and a beta of 0.75. The business has a 50 day moving average of $8.51 and a 200 day moving average of $9.08. Vodafone Group Public Limited has a 52 week low of $8.00 and a 52 week high of $10.39.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VOD. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Wednesday. The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Finally, DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Vodafone Group Public has an average 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.