International Assets Investment Management LLC Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

International Assets Investment Management LLC acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 67,752 shares of the cell phone carrier’s stock, valued at approximately $589,000.

Other institutional investors have also modified their holdings of the company. ACR Alpine Capital Research LLC grew 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 purchasing an additional 257,892 shares during the period. ICICI Prudential Asset Management Co Ltd grew 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 purchasing an additional 1,400,000 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew 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 purchasing an additional 1,180,113 shares during the period. Oppenheimer Asset Management Inc. grew 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 purchasing an additional 68,748 shares during the period. Finally, Envestnet Asset Management Inc. grew 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 valued at $38,291,000 after purchasing an additional 1,704,002 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Down 0.3 %

VOD opened at $8.66 on Thursday. 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 52-week low of $8.02 and a 52-week high of $12.07. The company has a 50 day moving average of $8.66 and a two-hundred day moving average of $8.85.

Wall Street Analysts Forecast Growth

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

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.