BNP Paribas Financial Markets Boosts Stake in Vodafone Group Public Limited (NASDAQ:VOD)

BNP Paribas Financial Markets grew its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 1,455.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 438,446 shares of the cell phone carrier's stock after acquiring an additional 410,260 shares during the period. BNP Paribas Financial Markets' holdings in Vodafone Group Public were worth $3,722,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock worth $41,000 after buying an additional 1,899 shares during the period. GeoWealth Management LLC boosted its holdings in Vodafone Group Public by 258.0% in the 4th quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier's stock worth $44,000 after buying an additional 3,733 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier's stock worth $61,000 after buying an additional 6,500 shares during the period. Two Sigma Securities LLC bought a new position in Vodafone Group Public in the 4th quarter worth approximately $89,000. Finally, Savvy Advisors Inc. bought a new position in Vodafone Group Public in the 4th quarter worth approximately $89,000. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Price Performance

Shares of Vodafone Group Public stock traded up $0.18 on Friday, hitting $9.45. 11,359,578 shares of the company traded hands, compared to its average volume of 7,836,142. The firm's 50-day simple moving average is $9.25 and its 200 day simple moving average is $8.88. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The company has a market cap of $23.59 billion, a P/E ratio of 8.29, a P/E/G ratio of 0.66 and a beta of 0.61. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39.

Wall Street Analysts Forecast Growth

Several research analysts have commented on VOD shares. DZ Bank raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Vodafone Group Public in a report on Wednesday, April 23rd. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th. Finally, StockNews.com downgraded shares of Vodafone Group Public from a "buy" rating to a "hold" rating in a report on Saturday, April 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold".

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.