Icon Advisers Inc. Co. Grows Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

Icon Advisers Inc. Co. lifted its position in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 13.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 413,700 shares of the cell phone carrier's stock after buying an additional 49,400 shares during the period. Icon Advisers Inc. Co.'s holdings in Vodafone Group Public were worth $3,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Vodafone Group Public by 25.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 157,023 shares of the cell phone carrier's stock worth $1,573,000 after acquiring an additional 31,827 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in Vodafone Group Public by 18.9% during the third quarter. Orion Portfolio Solutions LLC now owns 13,336 shares of the cell phone carrier's stock valued at $134,000 after purchasing an additional 2,123 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Vodafone Group Public during the third quarter valued at about $127,000. M&T Bank Corp increased its position in Vodafone Group Public by 16.3% in the third quarter. M&T Bank Corp now owns 23,238 shares of the cell phone carrier's stock worth $233,000 after buying an additional 3,262 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co bought a new position in shares of Vodafone Group Public in the third quarter worth about $134,000. Hedge funds and other institutional investors own 7.84% of the company's stock.

Vodafone Group Public Price Performance

Shares of VOD stock traded up $0.14 on Friday, reaching $9.31. The company's stock had a trading volume of 10,189,894 shares, compared to its average volume of 7,072,665. The company has a market capitalization of $22.05 billion, a price-to-earnings ratio of 8.17, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. The stock's fifty day simple moving average is $8.98 and its 200-day simple moving average is $8.91. 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 1 year low of $8.00 and a 1 year high of $10.39.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. StockNews.com raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday. 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. Finally, DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Vodafone Group Public has a consensus rating of "Moderate Buy".

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.