Vodafone Group Public Limited (NASDAQ:VOD) Shares Purchased by Bank of Montreal Can

Bank of Montreal Can grew its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 445.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,805,044 shares of the cell phone carrier’s stock after purchasing an additional 3,107,734 shares during the period. Bank of Montreal Can owned approximately 0.14% of Vodafone Group Public worth $34,055,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Corient Private Wealth LLC raised its position in Vodafone Group Public by 71.2% in the fourth quarter. Corient Private Wealth LLC now owns 94,616 shares of the cell phone carrier’s stock worth $823,000 after acquiring an additional 39,355 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Vodafone Group Public by 2.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 181,243 shares of the cell phone carrier’s stock valued at $1,577,000 after purchasing an additional 5,101 shares during the period. Commerce Bank boosted its holdings in Vodafone Group Public by 81.3% during the fourth quarter. Commerce Bank now owns 28,096 shares of the cell phone carrier’s stock worth $244,000 after buying an additional 12,600 shares in the last quarter. Advisory Services Network LLC grew its position in Vodafone Group Public by 22.8% during the fourth quarter. Advisory Services Network LLC now owns 19,413 shares of the cell phone carrier’s stock worth $169,000 after buying an additional 3,598 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of Vodafone Group Public by 23.6% during the 4th quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock valued at $4,632,000 after acquiring an additional 101,553 shares during the period. 7.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on VOD shares. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Vodafone Group Public in a report on Thursday, June 20th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $14.45.

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD opened at $10.04 on Friday. The stock’s fifty day simple moving average is $9.64 and its 200-day simple moving average is $9.16. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $10.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

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.