First Trust Advisors LP Invests $2.33 Million in Vodafone Group Public Limited (NASDAQ:VOD)

First Trust Advisors LP acquired a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 274,465 shares of the cell phone carrier's stock, valued at approximately $2,330,000.

Several other institutional investors also recently modified their holdings of VOD. Wilmington Savings Fund Society FSB bought a new position in shares of Vodafone Group Public in the 3rd quarter worth $142,000. Franklin Resources Inc. increased its stake in Vodafone Group Public by 3.7% in the third quarter. Franklin Resources Inc. now owns 61,125 shares of the cell phone carrier's stock valued at $592,000 after acquiring an additional 2,186 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier's stock valued at $33,632,000 after purchasing an additional 2,145,085 shares in the last quarter. Range Financial Group LLC bought a new stake in Vodafone Group Public during the fourth quarter worth about $185,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vodafone Group Public by 7.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 41,113 shares of the cell phone carrier's stock worth $349,000 after purchasing an additional 2,718 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Vodafone Group Public in a report on Wednesday, April 23rd. StockNews.com lowered shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Saturday, April 26th. Finally, Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Vodafone Group Public Trading Up 0.5 %

Shares of NASDAQ:VOD traded up $0.05 during trading on Friday, reaching $9.30. 12,660,779 shares of the company traded hands, compared to its average volume of 7,684,934. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public Limited has a 52-week low of $8.00 and a 52-week high of $10.39. The business's fifty day moving average is $9.26 and its 200-day moving average is $8.88. The firm has a market capitalization of $23.22 billion, a price-to-earnings ratio of 8.16, a P/E/G ratio of 0.66 and a beta of 0.61.

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.