Traders Buy High Volume of Vodafone Group Public Call Options (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VOD) saw some unusual options trading activity on Tuesday. Stock traders bought 18,757 call options on the stock. This is an increase of approximately 101% compared to the typical daily volume of 9,323 call options.

Institutional Investors Weigh In On Vodafone Group Public

A number of large investors have recently made changes to their positions in VOD. D. E. Shaw & Co. Inc. boosted its holdings in Vodafone Group Public by 341.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,146,322 shares of the cell phone carrier’s stock valued at $35,202,000 after acquiring an additional 3,206,506 shares in the last quarter. ABC Arbitrage SA bought a new position in Vodafone Group Public in the fourth quarter worth about $22,646,000. Voloridge Investment Management LLC purchased a new stake in Vodafone Group Public in the fourth quarter worth about $21,969,000. Grantham Mayo Van Otterloo & Co. LLC boosted its position in Vodafone Group Public by 18.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock valued at $123,940,000 after acquiring an additional 2,238,935 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Vodafone Group Public by 177.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock worth $33,632,000 after acquiring an additional 2,145,085 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Down 4.5 %

NASDAQ VOD opened at $9.29 on Tuesday. The business’s 50-day moving average is $8.77 and its 200 day moving average is $9.05. The stock has a market capitalization of $21.99 billion, a PE ratio of 8.15, a PEG ratio of 0.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. Vodafone Group Public has a 1 year low of $8.00 and a 1 year high of $10.39.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday. Finally, DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Four 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’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.