M&T Bank Corp Has $156,000 Stock Holdings in Vodafone Group Public Limited (NASDAQ:VOD)

M&T Bank Corp lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 21.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 18,355 shares of the cell phone carrier’s stock after selling 4,883 shares during the quarter. M&T Bank Corp’s holdings in Vodafone Group Public were worth $156,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings 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 worth $41,000 after buying an additional 1,899 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Vodafone Group Public by 912.9% during 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. Kestra Investment Management LLC acquired a new stake in shares of Vodafone Group Public during the fourth quarter worth approximately $90,000. Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of Vodafone Group Public by 627.3% during 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. Finally, Entropy Technologies LP acquired a new stake in shares of Vodafone Group Public during the fourth quarter worth approximately $110,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VOD. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Finally, StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of VOD stock opened at $9.55 on Friday. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The stock has a market cap of $22.61 billion, a PE ratio of 8.38, a PEG ratio of 0.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The firm’s 50 day moving average price is $8.60 and its two-hundred day moving average price is $9.06.

Vodafone Group Public Company Profile

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.