1,246,470 Shares in Vodafone Group Public Limited (NASDAQ:VOD) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,246,470 shares of the cell phone carrier’s stock, valued at approximately $10,583,000.

Several other large investors also recently modified their holdings of the business. DRW Securities LLC grew its holdings in Vodafone Group Public by 2.2% during the 3rd quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier’s stock worth $664,000 after acquiring an additional 1,399 shares in the last quarter. Pitcairn Co. lifted its position in shares of Vodafone Group Public by 10.4% during the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock worth $155,000 after purchasing an additional 1,458 shares during the last quarter. Cohen Investment Advisors LLC grew its stake in Vodafone Group Public by 5.1% in the fourth quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier’s stock worth $301,000 after purchasing an additional 1,728 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after buying an additional 1,899 shares during the last quarter. Finally, SOL Capital Management CO lifted its holdings in Vodafone Group Public by 14.1% during the 4th quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier’s stock worth $138,000 after buying an additional 2,000 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Price Performance

Shares of VOD opened at $9.70 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The company has a market cap of $22.96 billion, a P/E ratio of 8.51, a PEG ratio of 0.66 and a beta of 0.75. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The stock has a fifty day moving average price of $8.72 and a 200 day moving average price of $9.07.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VOD. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Finally, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Vodafone Group Public has an average rating of “Moderate Buy”.

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.