Trexquant Investment LP Acquires 270,854 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Trexquant Investment LP increased its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 70.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 656,513 shares of the cell phone carrier's stock after acquiring an additional 270,854 shares during the quarter. Trexquant Investment LP's holdings in Vodafone Group Public were worth $5,574,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VOD. Geode Capital Management LLC boosted its holdings in Vodafone Group Public by 39.7% in the 4th quarter. Geode Capital Management LLC now owns 611,461 shares of the cell phone carrier's stock valued at $5,191,000 after purchasing an additional 173,816 shares during the period. HighPoint Advisor Group LLC grew its position in Vodafone Group Public by 12.2% during the fourth quarter. HighPoint Advisor Group LLC now owns 23,393 shares of the cell phone carrier's stock worth $199,000 after buying an additional 2,535 shares in the last quarter. Seven Mile Advisory raised its holdings in Vodafone Group Public by 25.9% in the 4th quarter. Seven Mile Advisory now owns 13,765 shares of the cell phone carrier's stock valued at $117,000 after acquiring an additional 2,829 shares in the last quarter. Summit Financial LLC bought a new stake in shares of Vodafone Group Public during the fourth quarter valued at approximately $203,000. Finally, Wellington Management Group LLP acquired a new position in shares of Vodafone Group Public in the fourth quarter valued at $970,000. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Trading Down 2.2 %

Shares of NASDAQ VOD traded down $0.19 during midday trading on Thursday, hitting $8.40. The stock had a trading volume of 11,287,314 shares, compared to its average volume of 6,904,975. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39. The firm has a market cap of $19.87 billion, a P/E ratio of 7.36, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. The company's 50-day simple moving average is $8.90 and its 200 day simple moving average is $8.95.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on VOD shares. Bank of America cut shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. StockNews.com lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. Finally, DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

Vodafone Group Public Company 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.