Vodafone Group Public Target of Unusually Large Options Trading (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VOD) saw some unusual options trading activity on Tuesday. Investors purchased 9,044 call options on the company. This is an increase of approximately 163% compared to the typical volume of 3,440 call options.

Hedge Funds Weigh In On Vodafone Group Public

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Mediolanum International Funds Ltd purchased a new stake in Vodafone Group Public during the 3rd quarter valued at about $82,716,000. Bank of Montreal Can grew its holdings in shares of Vodafone Group Public by 445.7% during the second quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock valued at $34,055,000 after buying an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC raised its holdings in Vodafone Group Public by 345.2% in the 2nd quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock worth $26,786,000 after acquiring an additional 2,346,815 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Vodafone Group Public by 1,119.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after purchasing an additional 864,924 shares during the last quarter. Finally, Clifford Capital Partners LLC increased its holdings in shares of Vodafone Group Public by 30.1% in the 2nd quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock worth $17,848,000 after purchasing an additional 465,802 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

Shares of Vodafone Group Public stock opened at $8.75 on Thursday. Vodafone Group Public has a 1 year low of $8.02 and a 1 year high of $10.39. The company has a 50-day moving average of $9.71 and a 200 day moving average of $9.39. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on VOD shares. UBS Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Vodafone Group Public presently 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.