Vodafone Group PLC $VOD Shares Acquired by Walleye Capital LLC

Key Points

• Walleye Capital LLC significantly increased its holdings in Vodafone Group PLC by acquiring an additional 152,462 shares, boosting its stake by 516.1% during the first quarter.
• Vodafone Group's shares are currently trading at $11.96 with a market capitalization of $29.07 billion and a price-to-earnings ratio of 10.49.
• Recent research reports have led to mixed ratings for Vodafone, with one analyst issuing a "Buy" rating, while several others have recommended "Hold" or "Sell," contributing to an average rating of "Reduce".

Walleye Capital LLC lifted its stake in shares of Vodafone Group PLC (NASDAQ:VOD - Free Report) by 516.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,003 shares of the cell phone carrier's stock after acquiring an additional 152,462 shares during the period. Walleye Capital LLC's holdings in Vodafone Group were worth $1,705,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Jump Financial LLC lifted its holdings in shares of Vodafone Group by 36.2% during the 1st quarter. Jump Financial LLC now owns 34,041 shares of the cell phone carrier's stock worth $319,000 after acquiring an additional 9,041 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Vodafone Group by 70.7% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 633,376 shares of the cell phone carrier's stock worth $5,935,000 after acquiring an additional 262,364 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Vodafone Group by 5.1% during the 1st quarter. Kestra Advisory Services LLC now owns 464,950 shares of the cell phone carrier's stock worth $4,357,000 after acquiring an additional 22,750 shares during the period. Compound Planning Inc. lifted its holdings in shares of Vodafone Group by 19.4% during the 1st quarter. Compound Planning Inc. now owns 18,314 shares of the cell phone carrier's stock worth $172,000 after acquiring an additional 2,978 shares during the period. Finally, CW Advisors LLC lifted its holdings in shares of Vodafone Group by 2.5% during the 1st quarter. CW Advisors LLC now owns 156,640 shares of the cell phone carrier's stock worth $1,468,000 after acquiring an additional 3,816 shares during the period. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Stock Down 2.0%

Shares of VOD stock traded down $0.24 during mid-day trading on Tuesday, reaching $11.72. 7,941,438 shares of the company were exchanged, compared to its average volume of 11,462,996. Vodafone Group PLC has a fifty-two week low of $8.00 and a fifty-two week high of $12.06. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.23 and a current ratio of 1.26. The company has a market capitalization of $28.48 billion, a P/E ratio of 10.28, a P/E/G ratio of 0.57 and a beta of 0.65. The business's 50 day simple moving average is $11.23 and its 200 day simple moving average is $10.06.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on VOD shares. Zacks Research upgraded shares of Vodafone Group to a "hold" rating in a report on Tuesday, August 12th. Morgan Stanley initiated coverage on shares of Vodafone Group in a research report on Wednesday, July 2nd. They set an "equal weight" rating for the company. Wall Street Zen downgraded shares of Vodafone Group from a "buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Berenberg Bank raised shares of Vodafone Group to a "hold" rating in a research report on Thursday, June 26th. Finally, The Goldman Sachs Group downgraded shares of Vodafone Group from a "neutral" rating to a "sell" rating and set a $136.00 target price for the company. in a research report on Thursday, July 31st. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Vodafone Group currently has a consensus rating of "Reduce" and a consensus target price of $136.00.

About Vodafone Group

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.