abrdn plc Has $16.78 Million Stake in Vodafone Group Public Limited (NASDAQ:VOD)

abrdn plc lifted its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 1.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,928,400 shares of the cell phone carrier’s stock after buying an additional 36,600 shares during the period. abrdn plc’s holdings in Vodafone Group Public were worth $16,777,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VOD. ACR Alpine Capital Research LLC lifted its holdings in Vodafone Group Public by 1.4% in the third quarter. ACR Alpine Capital Research LLC now owns 18,895,032 shares of the cell phone carrier’s stock valued at $179,125,000 after buying an additional 257,892 shares during the period. ICICI Prudential Asset Management Co Ltd lifted its holdings in Vodafone Group Public by 17.8% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 9,269,284 shares of the cell phone carrier’s stock valued at $80,643,000 after buying an additional 1,400,000 shares during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Vodafone Group Public by 31.9% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,880,463 shares of the cell phone carrier’s stock valued at $46,267,000 after buying an additional 1,180,113 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Vodafone Group Public by 1.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 4,353,201 shares of the cell phone carrier’s stock valued at $41,268,000 after buying an additional 68,748 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in Vodafone Group Public by 73.0% in the third quarter. Envestnet Asset Management Inc. now owns 4,039,166 shares of the cell phone carrier’s stock worth $38,291,000 after purchasing an additional 1,704,002 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Price Performance

VOD opened at $8.66 on Thursday. The firm’s fifty day moving average is $8.66 and its two-hundred day moving average is $8.85. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.86. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $12.07.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, February 12th.

Vodafone Group Public 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.