Vodafone Group Plc (VOD) Holdings Lifted by Comerica Securities Inc.

Comerica Securities Inc. raised its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 6.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,044 shares of the cell phone carrier’s stock after buying an additional 1,335 shares during the quarter. Comerica Securities Inc.’s holdings in Vodafone Group were worth $456,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Renaissance Technologies LLC grew its holdings in Vodafone Group by 68.0% during the 3rd quarter. Renaissance Technologies LLC now owns 10,987,256 shares of the cell phone carrier’s stock valued at $238,423,000 after buying an additional 4,448,570 shares in the last quarter. Federated Investors Inc. PA boosted its position in shares of Vodafone Group by 4.9% during the 3rd quarter. Federated Investors Inc. PA now owns 7,414,509 shares of the cell phone carrier’s stock valued at $160,894,000 after acquiring an additional 343,108 shares during the last quarter. ACR Alpine Capital Research LLC boosted its position in shares of Vodafone Group by 41.8% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 6,772,359 shares of the cell phone carrier’s stock valued at $146,960,000 after acquiring an additional 1,994,931 shares during the last quarter. Sound Shore Management Inc. CT boosted its position in shares of Vodafone Group by 20.1% during the 3rd quarter. Sound Shore Management Inc. CT now owns 6,071,825 shares of the cell phone carrier’s stock valued at $131,759,000 after acquiring an additional 1,016,176 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in shares of Vodafone Group by 39.2% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 2,406,409 shares of the cell phone carrier’s stock valued at $52,219,000 after acquiring an additional 677,202 shares during the last quarter. 8.64% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently issued reports on VOD shares. Zacks Investment Research upgraded Vodafone Group from a “sell” rating to a “hold” rating in a research report on Saturday. UBS Group upgraded Vodafone Group from a “neutral” rating to a “buy” rating in a research report on Monday, December 17th. Cfra upgraded Vodafone Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 13th. BidaskClub downgraded Vodafone Group from a “hold” rating to a “sell” rating in a research report on Thursday, January 17th. Finally, Royal Bank of Canada downgraded Vodafone Group from an “outperform” rating to an “underperform” rating in a research report on Tuesday, January 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Vodafone Group has a consensus rating of “Buy” and a consensus target price of $29.61.

NASDAQ:VOD opened at $17.97 on Wednesday. The company has a market capitalization of $48.11 billion, a P/E ratio of 13.21, a PEG ratio of 2.36 and a beta of 0.77. Vodafone Group Plc has a 1-year low of $17.70 and a 1-year high of $30.20. The company has a quick ratio of 1.27, a current ratio of 1.30 and a debt-to-equity ratio of 0.70.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright and trademark laws. The original version of this piece of content can be read at https://www.com-unik.info/2019/02/13/vodafone-group-plc-vod-holdings-lifted-by-comerica-securities-inc.html.

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

Recommended Story: How mutual funds make money

Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit